What is the difference between a licensed conveyancer and conveyancing solicitor in Tiverton

There are many registered licenced Conveyancers in Tiverton and Solicitor partnerships in Tiverton who provide Conveyancing services It is important to make clear that the two are regulated professionals specialising in the legal work in transferring property. They may both also handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

My bid for a property was accepted at auction in Tiverton. Conveyancing is necessary. What are my next steps?

Having for all intents and purposes signed on the dotted line you should choose a conveyancing solicitor soon as you are faced with a pending deadline in which to complete the property. Every auction property will have a corresponding auction set of papers. This will likely include evidence of title and search results. In the case of leasehold premises the auction pack may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You need to hand this to the conveyancer working for you at the earliest opportunity. You also need to ensure that your finances are in order to complete the transaction on the set completion date.

I am expecting a DIP from Santander this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Tiverton solicitors on the Santander conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Tiverton solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.

Is it necessary to pay for insurance to cover chancel repairs when acquiring a house in Tiverton?

Unless a prior acquisition of the house completed after 12 October 2013 you can take it that conveyancing practitioners delivering conveyancing in Tiverton to remain recommending a chancel search and or chancel repair liability policy.

I have recentlyfound out that Wolstenholmes have closed. They carried out my conveyancing in Tiverton for a purchase of a leasehold flat 10 months ago. How can I check that my home is in my name in the name of the former proprietor?

The easiest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tiverton conveyancing specialists.

I've found a house that seems to be perfect, at a great price which is making it more attractive. I have subsequently discovered that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Tiverton. Conveyancing advisers have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Tiverton ?

The majority of houses in Tiverton are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. We note that you are purchasing in Tiverton in which case you should be shopping around for a Tiverton conveyancing practitioner and be sure that they are used to advising on leasehold houses. First you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the landlord’sconsent to conduct alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is located on an estate. Your lawyer will advise you fully on all the issues.

Tiverton Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying

What is the name of the managing agents? Does the lease contain onerous restrictions? Plenty Tiverton leasehold apartments will be liable to pay a service charge for maintenance of the block set by the freeholder. Where you buy the property you will have to pay this liability, usually quarterly throughout the year. This may differ from a few hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a rentcharge to be met yearly, this is usually not a significant amount, say around £50-£100 but you need to check as occasionally it can be surprisingly expensive.

Developers have suggested I use a property lawyer and I've obtained a quote from them. They are almost £250 cheaper than my preferred Tiverton solicitor. Should I use them?

Builders normally have lists of lawyers who expedite matters and who know the developer’s paperwork and lawyer. Plenty of developers offer an incentive to use a preferred conveyancing practitioner for this reason, any increased charges can be avoided and a builder won't recommend a conveyancing warehouse and run the risk of having the conveyancing stall when they demand an exchange within a tight time frame. A counter-argument for not agreeing to use the recommended property lawyer is that they may be hesitant to 'push' your interests for fear of alienating the sellers. If you worry that this may be the situation you should stick with your local Tiverton lawyer.