What happens if my solicitor is suspended from the Lloyds Conveyancing panel ahead of completing my conveyancing in Paignton?

The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.

I'm purchasing a new build house in Paignton with a mortgage from Clydesdale. The builders would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not inform my lawyer about the extras as it would affect my mortgage with Clydesdale. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am downsizing from my house. My previous conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Paignton if that affects matters.

Do use our search tool to help you find a solicitor for your conveyancing in Paignton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.

I need to instruct a conveyancing solicitor for remortgage conveyancing in Paignton. I have stumble across a site which looks to be the ideal solution If it is possible to get all the legals completed via phone that would be ideal. Do I need to be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I have recently realised that I have Fifty years remaining on my lease in Paignton. I need to get lease extension but my landlord is absent. What should I do?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. You will be obliged to prove that you or your lawyers have used your best endeavours to find the landlord. On the whole an enquiry agent should be useful to carry out a search and prepare a report which can be used as proof that the freeholder is indeed missing. It is wise to seek advice from a conveyancer in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court overseeing Paignton.

I own a split level flat in Paignton, conveyancing was carried out in 2005. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Paignton with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £45 yearly. The lease terminates on 21st October 2087

You have 62 years remaining on your lease we estimate the price of your lease extension to span between £17,100 and £19,800 as well as costs.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.