My property lawyer in Batheaston is not listed on the Britannia Solicitor Panel. Can I still retain my prefered solicitor notwithstanding that they are not on the Britannia list of approved lawyers?
The limited options open to you here include:
- Complete the purchase with your preferred Batheaston solicitors but Britannia will need to retain a lawyer on their list of acceptable firms. This will result in additional overall conveyancing charges and cause frustration.
- Find a new solicitor to to deal with the conveyancing, not forgetting to check they are Persuade your lawyer to use their best endeavours to join the Britannia conveyancing panel
I am purchasing a property and the solicitor has referenced Chancel Repair for which the property may be obligated to contribute to because it falls into the area of such a church. She has recommended insurance. Is this really warranted for conveyancing in Batheaston
Unless a prior purchase of the premises took place post 12 October 2013 you could expect lawyers carrying out conveyancing in Batheaston to remain encouraging a chancel search and or insurance against a claim.
How does conveyancing in Batheaston differ for new build properties?
Most buyers of new build property in Batheaston approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because builders in Batheaston usually buy 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 property lawyers 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 Batheaston or who has acted in the same development.
I decided to have a survey done on a property in Batheaston in advance of retaining lawyers. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some lenders may refuse to grant a loan on this type of house.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. Should you wish to telephone us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Batheaston. Conveyancing may be slightly more expensive based on your lender's requirements.
I am hoping to put an offer on a small detached house that appears to be perfect, at a great price which is making it all the more appealing. I have since discovered that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Batheaston. Conveyancing solicitors have are about to be instructed. Will they explain the issues?
The majority of houses in Batheaston are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Batheaston so you should seriously consider looking for a Batheaston conveyancing solicitor and check that they have experience in advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the maintenance of the estate where the property is part of an estate. Your conveyancer should advise you fully on all the issues.
I am the registered owner of a leasehold flat in Batheaston, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Batheaston with over 90 years remaining are worth £191,000. The average or mid-range amount of ground rent is £55 levied per year. The lease expires on 21st October 2079
With 54 years remaining on your lease we estimate the price of your lease extension to span between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.
Can I establish who owns a property in Batheaston?
As long as the premises is recorded at HMLR, and you have sufficient information of the address of the property, you will be able to obtain details from the HMLR of the registered owner for a for less than a fiver.