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Find a Marazion Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Marazion? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Marazion home move at risk of delay or failure.

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Recently asked questions about conveyancing in Marazion

My wife and I are close to exchanging contracts on the sale of our house in Marazion and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Marazion lawyer would know this is not the case. It does beg the question why the purchasers are using an online conveyancing firm as opposed to a conveyancing solicitor in Marazion. We have lived in Marazion for six years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that the buyers are looking for.

It sounds as though you may have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)

How does conveyancing in Marazion differ for newly converted properties?

Most buyers of new build property in Marazion contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in Marazion typically purchase 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 conveyancing solicitors 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 accustomed to new build conveyancing in Marazion or who has acted in the same development.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Marazion is where the house is located. Is there any advice you can impart?

Flying freeholds in Marazion are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Marazion you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Marazion may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

I am thinking of appointing a conveyancing lawyer in Marazion for my home move. Is it possible to see a solicitor's complaints history with the legal regulator?

You may read published Solicitor Regulator Association (SRA) decisions arising from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA could monitor telephone calls for training purposes.

What makes a Marazion lease defective?

Leasehold conveyancing in Marazion is not unique. Most leases are unique and legal mistakes in the legal wording can result in certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:

    A provision to repair to or maintain parts of the building

You will encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, Norwich and Peterborough Building Society, and Barclays Direct all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, obliging the purchaser to pull out.

I bought a leasehold flat in Marazion, conveyancing was carried out in 1995. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Marazion with a long lease are worth £227,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2095

With just 71 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.

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Neighbouring Locations

Carbis Bay
St Ives
Camborne
Hayle
Penzance
Marazion
Porthleven
Mousehole

Find out more about how flying freehold can affect your the value of a property.