We chose a local firm for my conveyancing in Torquay recently. After carefully reading the small print I seeI am on the hook for fees even where the transaction does not complete. Should I ditch them and choose an on-line firm promoting no-sale-no-fee conveyancing in Torquay?

It is usually ‘give and take’ in that if "No Completion No Fee" is offered then the fee levels will tend to be be uplifted to neutralise those cases that do not go ahead. Please beware that these arrangements rarely cover outlay such your Torquay conveyancing search fees.

Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Torquay?

Unless a prior acquisition of the premises completed after 12 October 2013 you could take it that solicitors carrying out conveyancing in Torquay to continue to recommend a chancel search and or insurance against a claim.

Are there restrictive covenants that are commonly identified during conveyancing in Torquay?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Torquay. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Torquay differ for new build properties?

Most buyers of new build premises in Torquay approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is built. This is because new home sellers in Torquay tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Torquay or who has acted in the same development.

What is the difference between surveying and conveyancing in Torquay?

Conveyancing - in Torquay or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are purchasing and will help you find out about the condition of the building and, if there are problems, give you a powerful reason for negotiating the purchase price down or asking the seller to remedy the defects prior to you move in.