Latest Property News in Exeter, Devon

Details: Published: 14 August 2024; Hits: 467

Legal indemnity insurance basically provides financial protection to a purchaser, seller and lender against the possibility of financial loss or third-party claim arising from any shortcoming in the conveyance. Since you have been recommended to take out this cover, it suggests that your solicitor has identified a potential problem.

Indemnity policies can cover a whole range of legal irregularities that are usually low risk and either can’t be resolved or would be very costly/time consuming to do so - cases involving a possessory title, lost or poorly-worded legal documents, issues of access, lack of planning permission or building regulations certification, etc.

Policies can also cover losses or claims arising from more unusual legal anomalies or risks involving flying freeholds, rights of light, restrictive covenants, chancel repairs, properties on unmade roads, and absent freeholders, for instance.

If it is possible to solve the underlying problem then it’s always best to do so, of course, but if this simply isn’t an option then the legal indemnity insurance mitigates the risk of any future legal challenges and enables the transaction to proceed in the normal way.

Once it is arranged and paid for, indemnity cover runs in perpetuity so can be transferred from owner to owner. It benefits the seller as well as the buyer, so there is an argument for each of them to pay the premium.

However, taking out a policy will undoubtedly minimise the timescale of the conveyancing process for your sale, so it’d be advantageous to get it in place sooner rather than later. The cost varies depending on the policy, but cover typically costs between £20 and £300.

If you’d like any more information, or you’d like to discuss specifics, call us on 01392 204800.

Details: Published: 14 August 2024; Hits: 368

Here's our lovely Katy taking delivery of our scrumptious Cream Teas for Cancer, from Force Cancer Charity.

Each delicious cream tea came with 2 scones, Devon clotted cream, strawberry jam, and a teabag, all locally sourced, and hand packed and delivered by Force volunteers.

Yum yum - thank you to the wonderful Force team!

Details: Published: 14 August 2024; Hits: 285

We love a bit of history, so we've done some research and we also got in touch with The Heavitree Brewery PLC to find out more about The Old Cooperage site, where we have a lovely 3-bed barn conversion for sale...

Synonymous with brewing in Exeter, Heavitree Brewery can be traced back to 1790, its original site in Sivell Place.

Circa 1842, the brewery itself moved to the opposite side of Church Street and the Sivell Place site became a cooperage (where the coopers made the barrels).

The cooperage was (possibly part) altered around 1891 to provide stabling for the drays (a type of cart without fixed sides for carrying barrels and other heavy loads, pulled by horses) and it could be that the coopers relocated to the Church St premises at that time.

Heavitree Brewery was the last of many to cease beer production in Exeter in 1970, and is now an independent, family-owned tenanted and leased pub company, still based in Exeter.

We're not sure when the old cooperage became residential dwellings, but it is the only building remaining from the brewery's original business and we're thrilled to offer for sale no.1 The Old Cooperage, which you can see on the left of the drawing dated 1891, which has been kindly sent to us by The Heavitree Brewery PLC.

It's a lovely property and is on the market with a guide price of £425,000. Go to our listings page to see more of this historic, contemporary home, or call us on 01392 204800 to book your viewing appointment.

Details: Published: 14 August 2024; Hits: 299

Our Suzanne has been crowned the Best Estate Agent in Exeter and the EX1 postcode area in The 2024 allAgents People Awards.

Suzanne really is a superstar and we're very proud that she's on our team. Recognition in the allAgents Awards is based entirely on feedback from actual clients rating and sharing their customer experiences.

Our lettings superstars, Zara and Madeline also took the top awards in the lettings category.

We may be a relatively small team, but we're definitely a mighty one!

To experience our award-winning sales and lettings services, give us a call on 01392 204800.

Details: Published: 14 August 2024; Hits: 270

We're very proud to have some of the best letting agents in the industry on our team, as confirmed in The 2024 allAgents People Awards!

Our Zara has won the Silver Best Letting Agent Award in both Exeter and EX1, and our Madeline has been crowned with the Gold Best Letting Agent Award, again in Exeter as well as in the EX1 postcode area.

The awards are recognition based entirely on feedback from clients rating and sharing their customer service experience with their agents, on allAgents, the UK's largest customer reviews website for the property industry.

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