Do conveyancers ask for money up-front for my conveyancing in Cornwall?
If you are buying a property in Cornwall your lawyer will ask you put them with funds to cover the search fees. Normally this is needed to cover the fees of the Local Authority Search. If any deposit is payable against the total price then this will be required shortly before contracts are exchanged. The closing balance that is due will be payable shortly before completion.
My father pointed out to me me that in buying a property in Cornwall there may be a number of restrictions affecting the ability to carry out external changes to the property. Is this right?
There are a number of properties in Cornwall which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Cornwall should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
The mortgage over my property is with Yorkshire BS for my property in Cornwall. Conveyancing was finalised a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Yorkshire BS?
Yorkshire BS must be informed of your intention before renting your property as this is likely to be a breach of Yorkshire BS’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Yorkshire BS directly. It should not be necessary to do this via a Yorkshire BS conveyancing panel lawyer.
After shopping around on the internet I have found a Cornwall solicitor having checked that they are on the Lloyds conveyancing panel. Does my lawyer arrange the survey of the property?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Cornwall postcode. As you are getting a mortgage with Lloyds, you could contact them to see if they have a list of approved surveyors in Cornwall.
I have justbeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Cornwall for a purchase of a leasehold apartment 10 months ago. How can I establish that the property is in my name in the name of the previous owner?
The quickest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cornwall conveyancing specialists.
How does conveyancing in Cornwall differ for newly converted properties?
Most buyers of new build or newly converted property in Cornwall come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because house builders in Cornwall typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Cornwall or who has acted in the same development.
I am looking into buying my first house which is in Cornwall and I am already nervous. I couldn't find anything specific about Cornwall. Conveyancing will be needed in due course but do you know about the Cornwall area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Cornwall. In the meantime here are some basic statistics that we found