I am helping my aunt sell her property in Lostwithiel. Does the conveyancing solicitor arrange the EPC or it is for me to coordinate?
Following the abolition of Home Packs, energy assessments was left as a required part of moving house. An energy performance certificate needs to be to hand prior to the property being put on the market. This is not a task that conveyancers normally organise. If you are instructing a Lostwithiel conveyancing lawyer they may help arrange energy performance certificates due to their contacts with reputable local assessors
My bid for a property was accepted at auction in Lostwithiel. Conveyancing is required. What happens now?
Now that you are exchanged you will need to hire the services of a conveyancing solicitor quickly as you are faced with a fast approaching deadline in which to complete the conveyancing. All auction property will have a corresponding auction set of papers. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold property the auction papers should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to leasehold premises. You need to pass this on to the lawyer working for you as soon as possible. Do make sure that your finances are in place to complete on the date specified in the contract.
My wife and I are in the process of viewing houses in Lostwithiel and I am now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a home loan with Nottingham.
It would be sensible to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are taking out a mortgage with Nottingham, ask your prospective lawyers if they are on the Nottingham conveyancing panel otherwise they can't do the mortgage legal work.
My partner and I are planning on selling our property in Lostwithiel and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a web based conveyancing outfit rather than a conveyancing solicitor in Lostwithiel. We have lived in Lostwithiel for six years we know of no issue. Do we contact our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Me and my brother purchased a terraced Edwardian house in Lostwithiel. Conveyancing practitioner represented me and The Royal Bank of Scotland. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lostwithiel and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing practitioner who carried out the work.
How does conveyancing in Lostwithiel differ for new build properties?
Most buyers of new build premises in Lostwithiel approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because house builders in Lostwithiel typically acquire the site, 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 accustomed to new build conveyancing in Lostwithiel or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one near me in Lostwithiel I like with open areas and station in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Lostwithiel in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the shortness of the lease may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.