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Find a Cornwall Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Cornwall? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Cornwall home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Cornwall conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Cornwall

3 months have gone by since my purchase conveyancing in Cornwall completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How does conveyancing in Cornwall differ for new build properties?

Most buyers of new build residence in Cornwall approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because builders in Cornwall typically acquire the site, 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.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what should have been a straight forward, no chain conveyancing. Cornwall is the location of the property. What do you suggest?

Flying freeholds in Cornwall are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Cornwall you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cornwall may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

I'm refinancing my primary property to a buy to let mortgage with Bank of Ireland and intend to use the remaining equity towards a second property. The neighborhood we are talking about is Cornwall. Will your solicitors be able to act for the two lenders and tie in the transactions?

Make use of our search tool on this page to be sure that the lawyers are on the appropriate lender panels. Assuming that they are the solicitor should be able to connect the two transactions but you should have a chat with you lawyer and communicate your expectations and requirements.

I am on look out for some leasehold conveyancing in Cornwall. Before I get started I require certainty as to the number of years remaining on the lease.

If the lease is registered - and most are in Cornwall - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I own a ground floor flat in Cornwall, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Cornwall with an extended lease are worth £191,000. The ground rent is £55 charged once a year. The lease runs out on 21st October 2072

With 53 years remaining on your lease we estimate the premium for your lease extension to be between £27,600 and £31,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.