I am getting a offer of a home loan from Santander. My intention is to use a Licensed Conveyancer in Looe. Does the Santander Solicitor panel include Licensed Conveyancers?

The Santander conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

We are purchasing a property and require a conveyancing solicitor in Looe who is on the approved panel. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for . We don't recommend any particular firms conducting conveyancing in Looe.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Looe?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Looe. 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…’

The estate agent has sent us the confirmation of our purchase of a new build flat in Looe. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Looe

The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan.

Leasehold Conveyancing in Looe - Examples of Questions you should consider before Purchasing

The prefered form of lease structure is where the freehold title is in the ownership of the leaseholders. In this arrangement the lessees benefit from control and even though a managing agent is frequently retained where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. If a Looe lease has fewer than 80 years it will impact the marketability of the apartment. It is worth checking with your bank that they are happy with residual term of the lease. A short lease means that you will probably require a lease extension at some point and it is worth discovering what this will be. Remember, in most cases you would need to own the property for a couple of years before you are legally able to extend the lease. What is the the remaining lease term?