My conveyancer has identified a defect with the lease for the flat we are purchasing in Newton Abbot. The other side have offered defective title insurance as a solution. We are happy with insurance and will cover the costs. Our property lawyer has advised that he must be satisfied that the lender is happy with this solution. Are we the client or is the lender?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.

Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Newton Abbot so that I can pop in to their offices if necessary.

As opposed to 12 years ago, most banks no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to hand over identification documents and there are still distinct benefits to choosing a locally based ayer, in your situation a conveyancing solicitor in Newton Abbot.

My wife and I purchasing a 4 bedroom semi-detached house in Newton Abbot. We would like to an extension at the rear at the house.Will legal conveyancing on the property include enquiries to determine if these alterations are permitted?

Your conveyancer should review the registered title as conveyancing in Newton Abbot will on occasion identify restrictions in the title deeds which prohibit certain works or necessitated the consent of a 3rd party. Some additions require local authority planning permissions and approval under the building regulations. Certain areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.

I recently had an offer agreed on an apartment in Newton Abbot. My mortgage broker recommended their conveyancers. I paid an advanced payment of £200. Not long after, the solicitor contacted me embarrassingly acknowledging that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

After what seems like an age I have had an offer on an apartment in Newton Abbot agreed to, but there is a chain. The vendors have offered on on an apartment, but it’s not yet agreed to, and are looking at other apartments booked. I have selected a nearby conveyancing solicitor in Newton Abbot. What do I do now? At what stage do I apply for the mortgage with Virgin Money?

It is understandable to have concerns where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is approx £1k, then valuation, Newton Abbot conveyancing search fees, etc). The first course of action is to check that your conveyancing practitioner is on the Virgin Money approved list. As to the subsequent phase this very much dictated by the circumstances of your transaction, motivation for this property and on the state of the market. In a rising market the majority of home buyers would apply for a home loan with Virgin Money and pay for the valuation and only if it comes back ok would they ask their conveyancer to press on with searches.

Have completed on a a terraced house in Newton Abbot , What is the estimated time for the Land Registry to record the transfer to my name? My Newton Abbot conveyancing solicitor has been very slow, so I want to be certain the registration is addressed.

There is nothing unique when it comes to conveyancing in Newton Abbot registration formalities. As opposed to being determined by geographic area, timescales can adjust subject to who lodges the application, whether there are errors and whether the Land registry have to notify any other parties. Currently in the region of three quarters of submission are completed within two weeks but occasionally there can be protracted delays. Historically registration is effected after the purchaser is living at the property thus 'speed' is not always top priority but if there is a degree of urgency associated with the registration then you or your solicitor could speak with the land registry and explain the circumstances.

I own a leasehold flat in Newton Abbot. Conveyancing and Aldermore mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Newton Abbot who acted for me is not around. Any advice?

First contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Newton Abbot conveyancing lawyer to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Newton Abbot - Examples of Queries before Purchasing

It would be prudent to discover if there are any onerous prohibitions in the lease. By way of example some leases prohibit pets being allowed in certain buildings in Newton Abbot. If you love the flatin Newton Abbot yet your cat is not allowed to move with you then you will be presented with a hard compromise. What prohibitions are contained in the Newton Abbot Lease? It would be wise to discover as much as possible regarding the company managing the block as they will either make life much simpler or uncomfortable. Being a leasehold owner you will be at the mercy of the managing agents both financially and when it comes to practical matters like the tidiness of the communal areas. Ask prospective neighbours what they think of their management. On a final note, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and specifically how they are spending the funds.