Me and my husband are purchasing a leasehold flat in Exmoor. My Solicitor is not on the mortgage company approved list. Am I still permitted to appoint my Exmoor conveyancing solicitor notwithstanding that they are not on the lender panel?
You will need to have a conveyancer to deal with the formalities when you take out a mortgage to purchase your home. They will carry out all the relevant investigations on the property, ensuring that you’re registered as proprietor and ensure that all the required mortgage paperwork is in order. One can appoint a Exmoor conveyancer of your choice. However, if the conveyancing practitioner selected is not a member of the lender approved list additional charges will be levied as separate legal representation will be need by the lender. Conveyancing panel applications may be submitted, so provided your lawyer has not previously applied for membership they should take the chance to apply.
My brother and I have recently purchased a property in Exmoor. We have since encountered a number of issues with the house which we believe were omitted in the conveyancing searches. What action can we take? What searches should? have been carried out for conveyancing in Exmoor?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Exmoor. Conveyancing searches and investigations initiated during the legal transfer of property are designed to help avoid problems. As part of the process, a property owner completes a form called a Seller’s Property Information Form. If the information is inaccurate, then you may have a claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Exmoor.
I have been on the look out for a flat up to £235,500 and identified one round the corner in Exmoor I like with a park and railway links in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Exmoor suitable, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan the remaining unexpired lease term may be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
My business partner and I are looking to lease a unit on the high street. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Exmoor for under £1,200?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Exmoor, including the sale and acquisition of businesses as well as simply premises. If you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right firm. Regarding the fees this will depend on the structure and complexity of the deal. Let us have your contact information or phone us so that we may furnish you with a detailed commercial conveyancing quote.
My father has recommend that I use his lawyers for conveyancing in Exmoor. Should I use them?
Much as we are happy to recommend a Exmoor conveyancing lawyer the ideal way to find a conveyancing practitioner is to seek referrals from friends or relatives who have actually experience in using the solicitor you're are thinking of instructing.