Have just purchased a repossessed house at auction in Teignmouth. Conveyancing is required. What are my next steps?
Having legally bound yourself to purchase you should hire the services of a conveyancing practitioner quickly as you will have a tight deadline in which to complete the transaction. Every auction property will ordinarily have a corresponding legal set of papers. This will likely include most,if not all of the documents that your conveyancer requires. In the case of leasehold property the auction pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You should hand this to the conveyancer working for you at the earliest opportunity. You also need to ensure that your finances are organised to complete on the on the contractual date .
The formalities of my purchase has taken place for my property in Teignmouth. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Having digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Teignmouth solicitor - who is on the Skipton conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Teignmouth postcode. As you are getting a mortgage with Skipton, you could contact them to see if they have a list of approved surveyors in Teignmouth.
It has been 4 months following my purchase conveyancing in Teignmouth completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. 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 property 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.
How does conveyancing in Teignmouth differ for new build properties?
Most buyers of new build property in Teignmouth approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is completed. This is because house builders in Teignmouth tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Teignmouth or who has acted in the same development.
My company is hoping to take an assignment of a lease of a shop on a shopping parade. Can you recommend conveyancers offering no-move-no fees for commercial conveyancing in Teignmouth for less than 2k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Teignmouth, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. As for the costs this will depend on the structure and heads of terms of the deal. Please provide us with your contact information or call us so that we can furnish you with a fixed commercial conveyancing quote.
I am using a search engine for the term on line conveyancing in Teignmouth it brings up numerous property lawyerslocally. With so much choice what is the best way to find the suitable conveyancing solicitor for me?
The best way of finding a suitable conveyancer is through a personal referral, so enquire of colleagues and relatives who have purchased a property in Teignmouth or a local estate agent or mortgage broker. Charges for conveyancing in Teignmouth vary, so it's sensible to secure at least four estimates from different solicitors. Dont forget to clarify that the fees are fixed.