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

There are many registered licenced Conveyancers in Ilfracombe and Solicitor practices in Ilfracombe who provide Conveyancing services It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. They may both also conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

I am helping my aunt sell her house in Ilfracombe. Will the conveyancer order an energy performance certificate or should I organise this?

Following the abolition of Home Packs, EPC’s was maintained a required part of selling a property. An energy performance certificate must be commissioned before the property is put on the market. It is not a task that law firms normally arrange. If you are using a Ilfracombe conveyancing lawyer they may be willing to arrange energy assessments due to their contacts with long established local assessors

I have paid off my mortgage with Kent Reliance. I assume I don't need a Ilfracombe conveyancing practitioner on the Kent Reliance panel to remove the mortgage at the Land Registry. Am I right?

If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Kent Reliance has sent the Land Registry the discharge electronically, and
3. Kent Reliance has instructed the Land Registry to do so

The estate agent has sent us the confirmation of our purchase of a new build apartment in Ilfracombe. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ilfracombe

The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Ilfracombe is the location of the property. What do you suggest?

Flying freeholds in Ilfracombe are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ilfracombe you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ilfracombe may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

My company is looking to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering no-sale-no fees for commercial conveyancing in Ilfracombe for below 2k?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Ilfracombe, including the sale and purchase of businesses as well as simply premises. If you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. Regarding the fees this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your details or email so as to enable us to provide you with comprehensive commercial conveyancing calculation.

I am hoping to put an offer on a small detached house that seems to meet my requirements, at a reasonable figure which is making it more attractive. I have just been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Ilfracombe. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Ilfracombe ?

Most houses in Ilfracombe are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are buying in Ilfracombe in which case you should be shopping around for a Ilfracombe conveyancing practitioner and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example obtaining the landlord’sconsent to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the estate where the house is located on an estate. Your solicitor should advise you fully on all the issues.

I purchased a 1st floor flat in Ilfracombe, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Ilfracombe with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 levied per year. The lease expires on 21st October 2077

You have 52 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.