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Find a Torrington Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Torrington conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Torrington

My colleague advised me that if I am purchasing in Torrington I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is occasionally quoted for as part of the standard Torrington conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Torrington around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Torrington Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Torrington Education with plans and statistics, Local Amenities and other useful information about Torrington.

I moved into my flat on 12 October and the transaction details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Torrington advises it would be registered in a couple of weeks. Are transfers in Torrington uniquely lengthy to register?

As far as conveyancing in Torrington registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timescales can adjust depending on who lodges the application, whether it is in order and whether the Land registry must send notices to any third persons or bodies. At present roughly three quarters of submission are fully addressed within 12 days but occasionally there can be protracted delays. Historically registration occurs after the new owner is living at the premises thus 'speed' is not always primary concern but where it is urgent that the the registration takes place urgently then you or your conveyancer should communicate with the Registry to express the reasoning for the application to be prioritised.

I decided to have a survey completed on a house in Torrington prior to appointing solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies may refuse to grant a mortgage on such a house.

It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to telephone us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Torrington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Torrington to see if the conveyancing costs will increase in light of this.

I need to find a conveyancing solicitor for residential conveyancing in Torrington. I've land on a site which appears to be the ideal solution If there is a chance to get all this stuff done via email that would be preferable. Should I be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I have just started marketing my basement apartment in Torrington. Conveyancing is yet to be initiated, however I have just received a yearly service charge invoice – should I leave it to the buyer to sort out?

The sensible thing to do is clear the invoice as you normally would given that all ground rent and service charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I invested in buying a basement flat in Torrington, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Corresponding flats in Torrington with an extended lease are worth £202,000. The ground rent is £60 invoiced every year. The lease ceases on 21st October 2080

With 56 years unexpired we estimate the price of your lease extension to be between £29,500 and £34,000 plus legals.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.

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Neighbouring Locations

Bideford
Braunton
Barnstaple
Torrington
Umberleigh
Merton

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