I had a mortgage agreed in principle with . Salcombe conveyancing practitioners are instructed. What is the average time that one could expect to receive a mortgage offer from ?

There is no definitive answer here. Have done the survey? Have you informed as to your lawyers' details and checked that your lawyers are on the conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

We expect to receive a OIP from 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 recommend any Salcombe solicitors on the conveyancing panel, or is it better to go independently?

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

My wife and I are in the process of viewing houses in Salcombe and I am about to put in an offer. Is it wise to have my on ‘stand by’? I will be getting a home loan with .

It would be advisable to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. Given that you are seeking a mortgage with , ask your prospective lawyers if they are on the conveyancing panel otherwise they can't do the mortgage legal work.

four months have elapsed following my purchase conveyancing in Salcombe concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

My husband and I are 14 days into a leasehold purchase having been referred to a firm by the selling agent to carry out the conveyancing in Salcombe. I am not happy. Can you help me find new lawyers?

They would need to be very poor to suggest changing them. Has your mortgage offer been issued? In the event that it has you will need to advise them of the new contact details and have the offer are re-sent. The conveyancer should be on the mortgage company panel to avoid added costs and frustration. So that should be your starting point. Our find a solicitor tool will help you find a lender approved solicitor for your conveyancing in Salcombe

My wife and I purchased a leasehold flat in Salcombe. Conveyancing and mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Salcombe who acted for me is not around. What should I do?

First contact the Land Registry to make sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a Salcombe conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Salcombe - Sample of Queries before buying

The prefered form of lease arrangement is where the freehold title is owned by the leaseholders. In this situation the lessees have being in charge if their destiny and even though a managing agent is frequently retained if it is larger than a house conversion, the managing agent retained by the leaseholders. On the whole the cost for major works tend not to be built into the maintenance charges, albeit that a few managing agents in Salcombe require leasehold owners to pay into a sinking fund created for the specific intention of building a fund for larger works. Is the freehold reversion owned jointly by the tenants?

My folks cant seem to find their Salcombe property on the HM Land Registry online search facility. They have a vague memory back in the 70’s when they acquired the bungalow there were complications concerning Salcombe not being identified on some systems.

Almost all premises in Salcombe should show up. Have you limited your search with simply the postcode. Normally it should identify all the premises within the postcode. Assuming the property is recorded it will be there with a title number. If they bought 50 years ago it's conceivable it may be not yet registered. The property could still be revealed but with the title number shown 'na'. In this scenario you will need to locate the original title documentation which could be with your parent’s lender.