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Find a Newton Abbot Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Newton Abbot? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Newton Abbot home move at risk of delay or failure.

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Recently asked questions about conveyancing in Newton Abbot

Can your site be used to locate a Conveyancing solicitor in Newton Abbot even where I’m not purchasing or disposing of a house, for instance where I intend to buy a shop in Newton Abbot with a mortgage from Skipton Building Society?

Our search tool is mainly used to help choose residential conveyancing solicitors in Newton Abbot but we have recorded towards the bottom of this page a selection of Newton Abbot commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they are also authorised to represent Skipton Building Society

The Newton Abbot conveyancing solicitors that just started acting on my house acquisition in Newton Abbot have suddenly closed. They were on acting for me because I had to have a firm on the Nationwide conveyancing panel and my family Newton Abbot lawyer was not. I cut them a cheque for £250 in advance. What should be my next steps?

Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Nationwide conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.

We are purchasing a victorian detached house in Newton Abbot. Our aim is to carry out an extension to the side at the property.Will the conveyancing process involve enquiries to ascertain if these alterations were previously refused?

Your solicitor should check the deeds as conveyancing in Newton Abbot will sometimes identify restrictions in the title documents which prevent categories of works or require the consent of a 3rd party. Some works call for local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.

We previously appointed conveyancers locally in Newton Abbot on the Aldermore solicitor approved list. They are now charging me a supplemental sum for handling the Aldermore mortgage. Is this an additional conveyancing fee set by Aldermore?

Provided it is contained in their Terms and Conditions or estimate then yes your conveyancer is entitled to levy a fee for this. The charge is not dictated by Aldermore but by your Newton Abbot property lawyer. Plenty of firms on the Aldermore panel will levy ’dealing with mortgage’ fee but many practices incorporate it on their overall fee.

I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Newton Abbot solicitor - who is on the Co-operative conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

Co-operative will need an independent valuation of the property. Your lawyer will not arrange this. Usually Co-operative will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Newton Abbot surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

What makes your site different to alternative web based conveyancing solicitors when it comes to conveyancing in Newton Abbot?

At this site get a fixed fee quote from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Newton Abbot. As opposed to estate agents and many comparison sites we do not have referral arrangements with solicitors. Many agents and online brokers 'recommend' solicitors who pay the most per referral, rather than the best value conveyancing in Newton Abbot

I am looking at a two maisonettes in Newton Abbot both have approximately fifty years unexpired on the lease term. Will this present a problem?

There are no two ways about it. A leasehold apartment in Newton Abbot is a deteriorating asset as a result of the shortening lease. The closer the lease gets to its expiry date, the more it adversely affects the value of the premises. The majority of purchasers and banks, leases with less than eighty years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Newton Abbot conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Leasehold Conveyancing in Newton Abbot - A selection of Questions you should ask before buying

    Are there any major works in the planning that will likely add a premium to the maintenance fees? Are any of leasehold owners in dispute over their service charge payments? The best form of lease structure is where the freehold interest is owned by the leaseholders. In this scenario the tenants have control and although a managing agent is frequently retained where the building is larger than a house conversion, the managing agent is directed by the tenants.

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Neighbouring Locations

Bovey Tracey
Topsham
Newton Abbot
Dawlish
Teignmouth
Totnes
Babbacombe
Brixham
Paignton

Find out more about how flying freehold can affect your the value of a property.