We were about to choose a conveyancing solicitor in Teignmouth found on your site but stumbled across some other fee calculations on the internet appear cheaper – how come?
There are plenty of websites promoting pretending to offer cheap conveyancing, but supplementalcosts result in the closing bill being inflated. Conveyancers are obliged to make sure that costs listed in terms and conditions should be transparent and reasonable raised The solicitors that we list for conveyancing in Teignmouth set out all legal fees for a domestic conveyancing case.
We are acquiring a newly built flat in Teignmouth and my solicitor is advising me that she has to the bank to reveal incentives from the seller. I am under pressure to exchange contracts and my preference is not to prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
It is a dozen years since I acquired my home in Teignmouth. Conveyancing lawyers have just been instructed on the sale but I am unable to find my title deeds. Will this cause complications?
Don’t worry too much. Firstly the deeds may be with the lender or they may be archived with the lawyers who oversaw the purchase. Secondly in most cases the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. Almost all conveyancing in Teignmouth involves registered property but in the unlikely event that your home is not registered it is more tricky but is resolvable.
What does a local search reveal concerning the property my wife and I buying in Teignmouth?
Teignmouth conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company for instance Xpress Legal The local search is essential in every Teignmouth conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
My wife and I have a semi-detached Edwardian property in Teignmouth. Conveyancing lawyer acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold under the exact same address. Is it worth asking Alliance & Leicester to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Teignmouth and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing practitioner who completed the work.