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Recently asked questions about conveyancing in Bovey Tracey

I have given 8 weeks notice to my existing landlord and have to be out of my rented property in Bovey Tracey by the end of next month. Conveyancing on my purchase is underway. Can I complete in 5 weeks as I wish to avoid having to move into temporary accommodation?

The normal practice is not to give notice on a rental until you have exchanged. Assuming that you have not previously done so, contact to your lawyer and request that they cajole the other side, try to an agreed time frame that all parties will look to achieve

About to place a bid on a leasehold flat in Bovey Tracey. The property agents assure me that it is standard for flats in Bovey Tracey to have less than 75 years remaining. I am expecting a mortgage with Chelsea Building Society. Is this going to be a problem if the lease has 70 years to go.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 5/3/2025 the requirements read as follows :

85 years from the date of completion of the mortgage. Please ensure that you explain the implications of a short term lease to the borrower.

My colleague suggested that if I am purchasing in Bovey Tracey I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is occasionally included in the estimate for your Bovey Tracey conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Bovey Tracey around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Bovey Tracey Education with maps and statistics, Local Amenities and other useful information concerning Bovey Tracey.

If all goes to plan we aim to complete the disposal of our £375,000 garden flat in Bovey Tracey on Monday in a week. The management company has quoted £312 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Bovey Tracey?

Bovey Tracey conveyancing on leasehold apartments nine out of ten times necessitates administration charges raised by management companies :

    Answering conveyancing due diligence enquiries Where consent is required before sale in Bovey Tracey Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Bovey Tracey leasehold property is £350. For Bovey Tracey conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply answers.

I acquired a 2 bed flat in Bovey Tracey, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Bovey Tracey with over 90 years remaining are worth £186,000. The ground rent is £55 charged once a year. The lease finishes on 21st October 2077

With 52 years remaining on your lease we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.

A licensed conveyancer acted on my conveyancing in Bovey Tracey half a dozen years past and was holding my title documents but has now closed – What steps do I now take to retreive them?

Deeds, as such, are no longer appropriate for the majority of properties in Bovey Tracey are archived electronically at Land Registry. Where you need to establish evidence of proprietorship or are selling or refinancing your property lawyer should obtain up to date copies of the register from the Land Registry in any case.

If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.

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