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Find a Totnes Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Totnes

How do I search for the right solicitor who will provide a 1st class service for my conveyancing in Totnes?

Option 1 is to ask connections who they would recommend.

Option 2 is to look on the internet for conveyancing in Totnes. Telephone two or three from the list and invite them to forward you their conveyancing fees and speak to the lawyer who will handle your conveyancing ahead ofcommitting.

Third is to use this site to help you find the right solicitors taking into account your individual expectations including location,deadlines, complications and who your intended lender is. Don't take the bait of low cost conveyancing in Totnes

I purchased a freehold house in Totnes yet pay rent, why is this and what is this?

It is rare for properties in Totnes and has limited impact for conveyancing in Totnes but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

We are aiming to move house in June. Should my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you suggest a removal company in Totnes. Conveyancing lawyer was organised before I stumbled across your site.

On the afternoon of completion you can collect the house keys from the selling agent but this can only happen after the previous owners conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be released. Subsequently you should advise the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal organisation but can assist you in finding a residential property solicitor in Totnes or a legal practice that specialises in conveyancing in Totnes.

My conveyancer has informed me that restrictive coveneant insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Totnes?

The right level of restrictive coveneant indemnity insurance should be dictated by who your lender. It would differ for example between Halifax and Leeds Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.

I was told three weeks ago that my mortgage has been agreed to by Coventry BS. Is it usual for Coventry BS to only issue the offer once my solicitor in Totnes is approved on their conveyancing panel? Coventry BS have asked my solicitor to see a copy of their PI Insurance.

Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Coventry BS to deal with your lawyer's application to be on the Coventry BS conveyancing panel. There's no guarantee that your solicitor will be accepted.

How does conveyancing in Totnes differ for new build properties?

Most buyers of new build residence in Totnes approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because builders in Totnes typically acquire the real estate, 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 conveyancers 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 accustomed to new build conveyancing in Totnes or who has acted in the same development.

I have been on the look out for a leasehold apartment up to £195,000 and identified one close by in Totnes I like with a park and transport links in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Totnes for this price, so just wondered if I would be making a grave error acquiring a short lease?

If you need a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.

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