My relative advised me that if I am buying in Devon I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Devon conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Devon around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Devon Education with plans and statistics, Local Amenities and other useful data regarding Devon.
Due to the advice of my in-laws I had a survey completed on a house in Devon ahead of instructing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies may refuse to give a loan on a flying freehold premises.
It depends who your proposed lender is. HSBC has different requirements from Halifax. Should you wish to telephone us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Devon. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my property. My former solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Devon if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Devon. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am employed by a long established estate agency in Devon where we see a number of leasehold sales derailed due to short leases. I have been given contradictory information from local Devon conveyancing solicitors. Can you shed some light as to whether the seller of a flat can commence the lease extension process for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Devon Conveyancing for Leasehold Flats - Examples of Queries before Purchasing
Are any of leasehold owners in dispute over their service charge liability? Its a good idea to discover as much as possible concerning the managing agents as they can either make your living at the property much easier or a lot more difficult. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to daily matters like the tidiness of the common parts. Enquire of prospective neighbours what they think of them. Finally, investigate as to the dates that you are obliged pay the service charge to the managing agents and precisely what it includes. Generally speaking the outlay for major works tend not to be included within maintenance charges, although a few managing agents in Devon require leasehold owners to contribute towards a sinking fund created for the specific purpose of establishing a fund for larger repairs or maintenance.
We are contemplating instructing an online conveyancing practitioner ahead of a Devon conveyancing practice. Am I making a mistake?
Various benefits exist in having the opportunity to visit a local Devon conveyancing solicitor such as
- signing papers and and when necessary
- getting face-to-face explanations of issues you don't understand
- the ability to complain if matters go pear-shaped
When analysing quotes, look out for hidden extras. The majority decent Devon high street solicitors give an all-inclusive price. Often online agents appear to offer cheap prices, yet have burried 'extras' in the in the terms and conditions.