I am selling my apartment in Paignton. Will the lawyer need to be required to be on the Leeds Building Society conveyancing panel in order to deal with paying off my mortgage?

Ordinarily, even if your lawyer is not on the Leeds Building Society conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently at the moment.

About to purchase a new build apartment in Paignton. Conveyancing is daunting 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 conveyancing.

Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Paignton

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. 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Paignton I like with open areas and station nearby, the downside is that it only has 51 years unexpired on the lease. There is not much else in Paignton for this price, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could 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.

Hoping to buy a property located in Paignton and I am already nervous. I couldn't find anything specific about Paignton. Conveyancing will be needed in due course but do you know about the Paignton area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Paignton. In the meantime here are some basic statistics that we found

We are 17 days into a freehold purchase having been recommend to solicitors by the high street agent to carry out the conveyancing in Paignton. I am not happy. Can you help me find new solicitors?

A solicitor would have to be really poor to suggest replacing them. Has your mortgage offer been issued? If so you will need to make them aware of the replacement solicitor and get the mortgage documents are re-issued. Your solicitor ideally should be on the banks panel to avoid added fees and delays. So that should be your first question of the new conveyancers. The search tool should help you find a bank approved solicitor for your home move in Paignton