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Recently asked questions about conveyancing in Exminster

I am need of leasehold conveyancing for a flat in a fairly new development (6 years old) in Exminster. The vast majority the appartments are already occupied. Is it strictly necessary to order neighbourhood searches for my conveyancing in Exminster?

Where you are obtaining a mortgage, your lender will insist on some (many) of the searches so you'll have no choice. If not, then Exminster conveyancing searches are for you to decide upon. Your solicitor, will 'advise', perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Exminster.

Completed the sale of my flat in Exminster last February yet the purchaser is telephoning every few hours to say her conveyancer needs to hear from mine. What are the post completion sale legalities now that I have sold?

After completion of your house sale your solicitor should deliver the transfer deeds and all additional paperwork to the buyer’s lawyers. If applicable, your solicitor should also send confirmation that the legal charge in favour of the lender has been redeemed to the purchasers conveyancers. There are no post completion requirements unique to conveyancing in Exminster.

About to purchase a new build apartment in Exminster. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Exminster

    The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.

What does commercial conveyancing in Exminster cover?

Exminster conveyancing for business premises covers a wide range of guidance, provided by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

Why is New Build conveyancing in Exminster more expensive?

Acquiring a brand new premises is significantly different from the standard house purchase conveyancing in Exminster. Firstly housebuilders normally need contracts to exchange very quickly, the result being a lot of pressure on your solicitor to ensure everything is in order. In addition new build premises often necessitate examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage company requirements are also more demanding. Given the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.

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