Are there restrictive covenants that are commonly picked up as part of conveyancing in Mevagissey?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Mevagissey. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one round the corner in Mevagissey I like with a park and transport links nearby, the downside is that it's only got 51 years on the lease. There is not much else in Mevagissey in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you need a home loan the remaining unexpired lease term will be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

We are a fortnight into a residential purchase having been referred to solicitors by the selling agent to perform conveyancing in Mevagissey. We are not happy. Could you you assist me in finding new solicitors?

A conveyancer would have to be very poor in order to consider changing them. Has your loan offer been issued? If so you must advise them of the new contact details and have the loan are re-sent. Your new conveyancer should be on the lenders approved list to avoid supplemental costs and delays. So that should be your first question of the new conveyancers. Our search tool can help you find a lender approved solicitor for your conveyancing in Mevagissey

What advice can you give us when it comes to finding a Mevagissey conveyancing firm to carry out our lease extension conveyancing?

If you are instructing a solicitor for lease extension works (regardless if they are a Mevagissey conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non Mevagissey conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:

Can they put you in touch with clients in Mevagissey who can give a testimonial? How experienced is the practice with lease extension legislation?

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

If a Mevagissey lease has no more than eighty years it will impact the value of the apartment. Check with your mortgage company that they are happy with the length of the lease. A short lease means that you will probably need a lease extension sooner rather than later and it is worth finding out what this will be. For most Mevagisseylease extensions you will be required to have owned the residence for a couple of years before you are eligible to extend the lease. What is the length of the lease? This information is helpful as a) areas can result in problems for the building as the common areas may start to deteriorate where repairs are not paid for b) if the leaseholders have a dispute with the running of the building you will need to have all the details

My lender have just issued us with a mortgage offer. We have retained a long established conveyancer in Mevagissey yesterday. A couple of hours ago, our financial adviser contacted us saying that the mortgage company said that we cannot use our solicitor as they aren't on their 'approved list'. As novices, we did not have a clue that the bank had a say Is this usual?

You are permitted to instruct any lawyer you prefer to instruct including the said conveyancer in Mevagissey but if your lender aren't happy with them you will have to pay additional cost so the mortgage company can appoint their own lawyers. It may be conceivable that your solicitor may apply to get included on to the mortgage company panel. You can use web-based tools including lenderpanel.com to find a conveyancing solcitor in Mevagissey on the lender panel. You can go into your high street mortgage company branch in Mevagissey. They will know some good conveyancing solicitors in Mevagissey on the approved list.