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Find a Sidmouth Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Sidmouth? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Sidmouth transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Sidmouth conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Sidmouth

I have given 2 months notice to my current landlord and must leave my let out flat in Sidmouth by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in six weeks as don't want to have to find short term accommodation?

It is unwise to provide notice for your lease unless exchange of contracts has taken place. Assuming that you have not already done so, update to your conveyancer and urge them to they cajole the owners side, try to a target completion date that all parties will aim to achieve

I have been told that property searches are the main cause of stalling in Sidmouth house deals. Is this right?

The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Sidmouth.

The deeds to my house are lost. The lawyers who handled the conveyancing in Sidmouth 4 years ago are no longer around. What are my next steps?

Assuming you have a registered title the information relating to your ownership will be held by the Land Registry with a Title Number. It is easy to carry out a search at the Land Registry, find your property and order current copies of the Registered Entries for a small fee. If the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be obtained for a small fee.

I opted to have a survey carried out on a house in Sidmouth in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some lenders will refuse to grant a loan on this type of home.

It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Sidmouth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sidmouth to see if the conveyancing costs will increase in light of this.

I've found a house that appears to meet my requirements, at a great price which is making it all the more appealing. I have subsequently discovered that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Sidmouth. Conveyancing advisers have not yet been appointed. Will they explain the issues?

Most houses in Sidmouth are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are buying in Sidmouth in which case you should be looking for a Sidmouth conveyancing solicitor and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as obtaining the landlord’spermission to carry out alterations. It may be necessary to pay a contribution towards the upkeep of the communal areas where the house is located on an estate. Your lawyer should report to you on the legal implications.

I acquired a 2 bed flat in Sidmouth, conveyancing formalities finalised 7 years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Sidmouth with an extended lease are worth £181,000. The ground rent is £55 invoiced annually. The lease ends on 21st October 2075

With just 51 years unexpired we estimate the price of your lease extension to range between £30,400 and £35,200 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.

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Find out more about how flying freehold can affect your the value of a property.