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Recently asked questions about conveyancing in Cullompton

It has taken forever and a day but a mortgage offer from HSBC for the refinancing of my 4 bedroom maisonette is due any day now. Are you able to propose a low cost conveyancing practitioner in Cullompton?

You are on the wrong site if you are seeking a cheap conveyancing in Cullompton. We can offer you excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing organisations enticing you with low cost conveyancing in Cullompton. At best, in choosing a lawyer for low cost conveyancing, you will receive what you pay for and at worst you will end up spending a lot in extras and still not get the service required.

My partner and I are selling our property in Cullompton and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local lawyer would know this is not the case. For the life of me I don't know why the purchasers used an online conveyancing practice rather than a conveyancing solicitor in Cullompton. Having lived in Cullompton for many years we know that this is a non issue. Do we contact our local Authority to obtain confirmation that there is no issue.

It would appear that you have a conveyancing lawyer already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

Just had an offer accepted on a new build flat in Cullompton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Cullompton

    Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I am looking for a flat up to £305k and found one close by in Cullompton I like with a park and railway links in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Cullompton in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.

Why do Cullompton conveyancing charges are higher for leasehold and freehold properties?

Leasehold conveyancing in Cullompton will often involve additional work such as investigating the lease, corresponding with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.

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Neighbouring Locations

Wellington
Cullompton
Exeter
Silverton
Broadclyst
Ottery St Mary
Whimple

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