I am due to complete buying a house in Newton Abbot but as a result of wreckage from a small fire at the property I have was able negotiate reparation from the current proprietors in the sum of six thousand pounds in the form of a adjustment in the price. This was going to be dealt with as part of amending the contract however Nationwide are not allowing this. Why were they notified?

Your conveyancer that is on a Nationwide conveyancing panel is obliged to advise Nationwide of any variations to the purchase price. If you prohibit your property lawyer to report the reduction to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new solicitor for your conveyancing in Newton Abbot.

Various online forums that I have come across warn that are the number one reason for obstruction in Newton Abbot house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Newton Abbot.

Are there restrictive covenants that are commonly identified during conveyancing in Newton Abbot?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Newton Abbot. 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…’

I opted to have a survey done on a property in Newton Abbot before retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some lenders will not grant a mortgage on this type of home.

It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Newton Abbot. Conveyancing will be smoother if you use a solicitor in Newton Abbot especially if they are acquainted with such properties in Newton Abbot.

Should I stop my mortgage payments with Skipton once a completion date for my home sale in Newton Abbot has been agreed?

No, you must maintain meeting any mortgage payments to Skipton until the mortgage is repaid on completion as part of your Newton Abbot conveyancing.