We are buying a property and need a conveyancing solicitor in Totnes who is on the Aldermore solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Totnes.
Various internet forums that I have visited warn that are the number one cause of delay in Totnes conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any delay in conveyancing in Totnes.
Do I need to be concerned by estate agents that I am dealing with are encouraging me to use a nationwide conveyancing firm as opposed to a local Totnes conveyancing practice?
As is the case with lots of service providers, often suggestions from connections can be worth their weight in gold. Nevertheless there are numerous parties with a vested interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies may put forward lawyers to use. Sometimes the lawyers might be known to one of the organisations as experts in their field, but sometimes there is an underlying financial incentive behind the recommendation. You have the right to choose your own lawyer. However, bear in mind that many banks specify a panel list of law firms you must use for the mortgage related work in your house move.
I own a leasehold flat in Totnes. Conveyancing and Britannia mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Totnes who previously acted has long since retired. What should I do?
The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to instruct a Totnes conveyancing practitioner to do this as it can be done on-line for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Totnes Leasehold Conveyancing - A selection of Questions you should ask before buying
How much is the yearly maintenance fee and ground rent? What is the the remaining lease term? It would be wise to find out as much as possible concerning the company managing the building as they can either make life much simpler or problematic. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to day to day matters such as the tidiness of the communal areas. Don't be afraid to ask other tenants if they are happy with their service. Finally, investigate as to the dates that the service fees are due to the relevant party and precisely what you get for your money.
How much should conveyancing in Totnes cost?
The amount you are charged for Totnes conveyancing costs can differ dramatically from solicitor to solicitor. This makes it especially critical for you to find this out when you first appoint a lawyer. One should always seek two or more fee estimate.