We are acquiring our first house. Our conveyancer has contact usto ask if we wish to order supplemental conveyancing searches. Frankly we in the dark as to what's necessary for conveyancing in Exeter

The extent of Exeter conveyancing searches should be dictated primarily on the premises, the location, the probability of any of these risks, your knowledge of the area and risks, your general approach to risk. What matters is that you properly appreciate what information the searches could give you. You may then make a decision if you consider that you need that information. Where you are in doubt, ask your solicitor to recommend.

Are there restrictive covenants that are commonly picked up during conveyancing in Exeter?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Exeter. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I'm converting the mortgage on my current home to a BTL loan with Clydesdale and intend to use the remaining equity as a deposit on further house. The neighborhood we are looking at is Exeter. Will your conveyancers be able to act for both sets of mortgage companies and tie in the two deals?

Make use of our comparison tool on this page to check that the solicitors are on the appropriate lender panels. Having checked that they are the conveyancer should be able to connect the two transactions but you should have a chat with you solicitor and make clear your expectations and needs.

My cousin has suggested that I use his lawyers for conveyancing in Exeter. Should I use them?

No doubt the best way to select a conveyancing practitioner is to seek recommendations from friends or family who have actually used the solicitor you're contemplating using.

I've found a house that appears to be perfect, at a reasonable price which is making it more attractive. I have since discovered that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Exeter. Conveyancing lawyers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Exeter ?

Most houses in Exeter are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in Exeter in which case you should be shopping around for a Exeter conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’sconsent to carry out alterations. It may be necessary to pay a contribution towards the upkeep of the communal areas where the house is part of an estate. Your solicitor will report to you on the legal implications.

Exeter Leasehold Conveyancing - Sample of Questions you should ask Prior to Purchasing

What is the yearly service fee and ground rent? The prefered form of lease structure is a share of the freehold. In this arrangement the leaseholders benefit from being in charge if their destiny and even though a managing agent is often retained if it is larger than a house conversion, the managing agent is directed by the tenants.