I am the sole recipient of my late grandmother’s estate and I have everything in my name alone, including the house in Babbacombe. The Babbacombe property was put into my name in October. I plan to dispose of the property. I understand that there is a CML 6 month 'rule', meaning my property ownership will be considered the same way as though I had purchased the property in October. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. Most banks would take a sensible view as this obligation is principally there to capture the purchase and immediately sell or the quick reselling of property.

I have decided to exercise my right to buy my property in Babbacombe off the council. I have a mortgage offer with Yorkshire BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.

I have finally had an offer on a flat in Babbacombe agreed to, the vendors do nevertheless have a tied purchase. The owners have placed an offer on a flat, but it’s not been accepted yet, and are looking at other apartments in the pipeline. I have chosen a bricks and mortar conveyancing solicitor in Babbacombe. What should be my next step? When do I get the mortgage application with Bank of Ireland started?

It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx one thousand pounds, then valuation, Babbacombe conveyancing search costs, etc). The first thing to do is check that your lawyer is on the Bank of Ireland approved list. Concerning the next phase this very much dictated by the uniqueness of your case, motivation for the property and on the state of the market. During a rising market many buyers would apply for the mortgage with Bank of Ireland and arrange for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to press on with the conveyancing in Babbacombe.

My wife and I are close to exchanging contracts on the sale of our property in Babbacombe and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Babbacombe lawyer would know that there is no such problem. For the life of me I don't know why the buyers used a national conveyancing firm as opposed to a conveyancing solicitor in Babbacombe. We have lived in Babbacombe for three years we know of no issue. Do we get in touch with our local Authority to get clarification that there is no issue.

It would appear that you have a conveyancing solicitor already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)

Over the last few months I have been searching for a flat up to £235,500 and identified one round the corner in Babbacombe I like with amenity areas and railway links in the vicinity, however it's only got 61 years unexpired on the lease. There is not much else in Babbacombe for this price, so just wondered if I would be making a mistake purchasing a short lease?

Should you need a mortgage the shortness of the lease will likely be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.

I am using a search engine for the phrase on line conveyancing in Babbacombe it brings up many solicitorsin the vicinity. With so much choice what is the best way to find the suitable solicitor for me?

The preferential way of finding the right conveyancer is through a personal recommendation, so seek the counsel of colleagues and those you trust who have acquired a property in Babbacombe or a reputable estate agent or mortgage broker. Charges for conveyancing in Babbacombe differ, so it's advisable to request a minimum of three estimates from varying types of property lawyers. Make sure that you know that the fees are fixed.

My wife and I purchased a leasehold flat in Babbacombe. Conveyancing and Halifax mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Babbacombe who acted for me is not around. Any advice?

First contact the Land Registry to make sure that this person is indeed the new freeholder. There is no need to incur the fees of a Babbacombe conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Babbacombe - Examples of Queries before buying

How many years are left on the lease? Is there a share of the freehold? Are there any major works on the horizon that could add a premium to the service charges?