I am getting a mortgage offer from Santander. I would like to use a Licensed Conveyancer in Port Isaac. Does the Santander Conveyancing panel allow for conveyancers regulated by the CLC?

The Santander conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

Are you able to vouch for a Leeds Building Society accepted Port Isaac conveyancing lawyer who can have us moved in within two weeks? Would it be better to use a local Port Isaac solicitor or a nationwide conveyancer?

We can recommend some very good Port Isaac conveyancing firms. You can also walk up the main road in Port Isaac. Approach a couple of firms and ask to speak with a conveyancing solicitor for a costs illustration. Mention your time frames together with your reasons and get a commitment on speed. Choose the lawyer that you are most comfortable with.

I am buying a property in Port Isaac. A rare aspect is that the roof has a solar panel. Aldermore have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As your lender is Aldermore your lawyer must comply with the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Aldermore. The CML Handbook stipulates minimum specifications for solar panel roof-space leases, and solicitors are required to report to Aldermore where a lease fails to meet these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Port Isaac.

After shopping around on the internet I have found a Port Isaac lawyer having checked that they are on the RBS conveyancing panel. Does my lawyer arrange the survey of the property?

RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS 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 Port Isaac 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.

Aldermore have agreed my mortgage in principle, my bid on a property in Port Isaac has been agreed to, what happens next?

Your property agent will want to be advised as to your property lawyer's details (make sure the conveyancing practitioners are on the lender’s panel). Call up Aldermore or your broker and finalise any relevant paperwork. Aldermore will sellect a valuer who will get in contact with the selling agent or seller to book an appointment. Once conducted (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Aldermore will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Port Isaac.

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

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

I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a reasonable price which is making it more attractive. I have since discovered that the title is leasehold rather than freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Port Isaac. Conveyancing lawyers have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in Port Isaac ?

The majority of houses in Port Isaac are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are purchasing in Port Isaac so you should seriously consider shopping around for a Port Isaac conveyancing solicitor and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as obtaining the freeholder’spermission to carry out changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your solicitor will report to you on the legal implications.

I am the registered owner of a split level flat in Port Isaac, conveyancing formalities finalised in 2001. How much will my lease extension cost? Similar flats in Port Isaac with a long lease are worth £260,000. The average or mid-range amount of ground rent is £50 yearly. The lease ends on 21st October 2101

With 75 years left to run we estimate the premium for your lease extension to span between £8,600 and £9,800 as well as legals.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.