Can the conveyancing solicitors to be found on your site conduct auction conveyancing in Blagdon?
We know of a number of niche practitioners we can put you in touch with those specialising in auction conveyancing. Blagdon is just one of our areas of where our lawyers cover.
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would prefer to instruct a local conveyancing solicitor in Blagdon?
You should check but the chances are that appoint one of their panel solicitors should you take up the "fee-free" offer. Contact the lender to see if they make available a monetary alternative. Some banks have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Blagdon.
I am buying a new build flat in Blagdon. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Blagdon
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Due to the input of my in-laws I had a survey completed on a house in Blagdon before retaining solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some lenders tend refuse to issue a loan on this type of home.
It depends who your proposed lender is. Bank of Scotland has different requirements from 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 help as they are used to dealing with flying freeholds in Blagdon. Conveyancing will be smoother if you use a solicitor in Blagdon especially if they are familiar with such properties in Blagdon.
My husband and I are novice buyers - had an offer accepted, but the selling agent advised that the seller will only issue a contract if we appoint the agent's recommended lawyers as they need a ‘quick sale’. We would rather use a family conveyancer who is accustomed to conveyancing in Blagdon
We suspect that the owner is unaware of this request. If they require ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Speak to the owners direct and explain that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you will continue to instruct your preferred Blagdon conveyancing solicitors - rather thanthe ones that will give the estate agent a introducer fee or hit his conveyancing figures set by HQ.
Are there common problems that you come across in leases for Blagdon properties?
Leasehold conveyancing in Blagdon is not unique. All leases are drafted differently and drafting errors can result in certain provisions are missing. The following missing provisions could result in a defective lease:
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Repairing obligations to or maintain parts of the premises
You could encounter difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, The Mortgage Works, and TSB all have express 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 defective they may refuse to provide security, forcing the purchaser to withdraw.
Blagdon Conveyancing for Leasehold Flats - Sample of Questions you should consider before Purchasing
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Does this lease have more than 90 years unexpired? How is the lease structured? If a Blagdon lease has fewer than eighty years it will have adverse implications on the salability of the flat. Check with your bank that they are happy with the length of the lease. Leases with fewer than 80 years remaining means that you will almost definitely require a lease extension sooner rather than later and you need to have some idea of how much this will be. Remember, in most cases you will be be obliged to have been the owner of the property for two years in order to be eligible to extend the lease.