It is 10 years ago since I acquired my house in Ilfracombe. Conveyancing lawyers have now been retained on the sale but I am unable to locate the title documents. Is this a problem?
You need not be too concerned. First the deeds may be with your mortgage company or they could be archived with the solicitor who acted in the purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. The vast majority of conveyancing in Ilfracombe relates to registered property but in the rare situation where your home is unregistered it is more of a problem but is not insurmountable.
About to place a bid on a leasehold apartment in Ilfracombe. The selling agents assure me that it is standard for flats in Ilfracombe to have less than 75 years left on the lease. I am getting a loan with Accord Mortgages. Is this going to be a problem if the lease has Seventy One years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 22/7/2024 the requirements read as follows :
I note that there are debates on Chancel Insurance on online forums. Am I compelled to have this when buying a house in Ilfracombe? or I am told that there is a law dating back centuries that could mean that owners of property living in a parish church boundary may be liable to pay for maintenance to the chancel within the church. Is this a legitimate concern for conveyancing in Ilfracombe?
Unless a prior acquisition of the house completed after 12 October 2013 you could take it that conveyancing practitioners carrying out conveyancing in Ilfracombe to remain recommending a chancel search and or chancel repair liability policy.
How does conveyancing in Ilfracombe differ for newly converted properties?
Most buyers of new build property in Ilfracombe come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because developers in Ilfracombe typically buy the real estate, 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 property lawyers 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 Ilfracombe or who has acted in the same development.
In my capacity as executor for the estate of my aunt I am disposing of a house in Newport but I am based in Ilfracombe. My conveyancer (based 235 miles awayrequires that I execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Ilfracombe who can attest this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are based in Ilfracombe