It has come to my attention via my estate agent that my Wadebridge lawyer is not on the lender Solicitor panel. How can I check?

The first thing you need to do is to contact your Wadebridge lawyer directly. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they may be able to suggest a Wadebridge conveyancing firm that is on the conveyancing panel for your mortgage company.

I am acquiring a newly constructed duplex in Wadebridge and my lawyer is advising me that she is duty bound to the lender to disclose incentives from the builder. I am on a tight deadline to exchange contracts and I have no desire to prolong deal. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I have todaybecome aware that Action Conveyancing have been shut down. They conducted my conveyancing in Wadebridge for a purchase of a leasehold flat 18 months ago. How can I be sure that my home is in my name in the name of the former proprietor?

The easiest method to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wadebridge conveyancing specialists.

I have been sourcing a conveyancing practitioner in Wadebridge for my house move. Is there any facility to review a firm’s record with the profession’s regulator?

Anyone can see documented Solicitor Regulator Association (SRA) determinations arising from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The regulator could monitor telephone calls for training purposes.

Are there frequently found defects that you come across in leases for Wadebridge properties?

Leasehold conveyancing in Wadebridge is not unique. All leases are unique and legal mistakes in the legal wording can sometimes mean that certain provisions are wrong. For example, if your lease is missing any of the following, it could be defective:

Maintenance charge proportions which don’t add up to the correct percentage

A defective lease will likely cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Halifax, Barnsley Building Society, and TSB all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the purchaser to pull out.

I bought a 1st floor flat in Wadebridge, conveyancing was carried out 9 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Wadebridge with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 per annum. The lease runs out on 21st October 2081

You have 56 years remaining on your lease we estimate the premium for your lease extension to be between £29,500 and £34,000 as well as legals.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.