I was advised recently by my mortgage adviser that my Exminster lawyer is not on the lender Conveyancing panel. What can I do to be sure whether this is correct?
You need to contact your Exminster conveyancer. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
Having sold my house in Exminster last December yet the purchaser is calling every few hours complaining that her lawyer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your house sale your conveyancer is duty bound to forward the transfer deeds and all additional paperwork to the purchaser's conveyancer. Where appropriate, your solicitor should also send confirmation that the home loan has been paid off to the buyers conveyancers. There are no post completion tasks specific conveyancing in Exminster.
Have completed on a a semi-detached house in Exminster , What is the estimated time for the Land Registry to register my title? My Exminster conveyancing solicitor has been very slow, so I want to check that my name is recorded.
There is nothing unique about conveyancing in Exminster registration formalities. Rather than based on location, timescales can differ depending on who lodges the application, whether there are errors and if the Land registry communicate with any other persons or bodies. Currently approximately three quarters of submission are completed in less than three weeks but some can be subject to longer delays. Historically registration is effected once the new owner has moved in to the property thus post completion formalities is not always top priority yet where there is a degree of urgency associated with the registration then you or your lawyers can contact the land registry and explain the circumstances.
How does conveyancing in Exminster differ for new build properties?
Most buyers of new build property in Exminster approach us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because house builders in Exminster typically buy the land, 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 conveyancers 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 Exminster or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Exminster is where the house is located. Can you offer any guidance?
Flying freeholds in Exminster are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Exminster you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Exminster may ascertain 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 property.