Me and my partner are due to complete on the purchase of a house in Plymouth but as a consequence of damage from the recent storms I have was able negotiate reparation from the current proprietors in the sum of £2k by way of a deduction in the price. This was going to be addressed as part of a side agreement yet Santander are not allowing this. Why were they approached?
Any lawyer that is on a Santander approved list is duty bound to advise Santander of any amendments to the purchase price. If you were to refuse your conveyancer to notify the reduction to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new solicitor for your conveyancing in Plymouth.
Do conveyancers request money on account for my conveyancing in Plymouth?
Where you are retaining lawyers for conveyancing in Plymouth your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the deposit is payable against the sale price then this will be asked for shortly ahead of exchange of contracts. The closing balance that is due will be payable shortly before completion.
I used Arc property Solicitors several years past for my conveyancing in Plymouth. I now require my file however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Plymouth of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a leasehold apartment up to £305k and found one close by in Plymouth I like with open areas and railway links nearby, the downside is that it only has 49 years on the lease. There is not much else in Plymouth suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage that many years will be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
There are numerous houses in Plymouth on unadopted roads. I am purchasing such a property. Are there any benefits to buying a residence on a privately owned road?
Plymouth conveyancing solicitors will be well versed in transacting homeson unadopted roads. The conveyancer will review the title to find any rights or liabilities. In many cases there is a residents association that owners make annual contributions for the upkeep of the road. If there is one, the road will likely be maintained and look better than publicly maintained.