My partner and I are buying our first home. The conveyancing practitioner has messagedto see if we want to purchase additional conveyancing searches. We are really unsure what's recommended for conveyancing in Blagdon
The extent of Blagdon conveyancing searches depends entirely on the premises, the location, the likelihood of any of these risks, your knowledge of the area and risks, your general approach to risk. What is important is that you adequately appreciate what information each search could supply. Then you can decide if you personally think you need that search. If unclear, ask your property lawyer to recommend.
I have Fifty Six years unexpired on my lease and require a lease extension for my apartment in Blagdon. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/6/2025 the requirements read as follows :
I'm purchasing a new build house in Blagdon benefiting from help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative advised me not inform my lawyer about the side-deal as it will put at risk my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Blagdon is the location of the property. What do you suggest?
Flying freeholds in Blagdon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Blagdon you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blagdon may decide 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 premises.
Taking into account that I am about to part with £400,000 on a terraced house in Blagdon I would like to have a conversation with the solicitor regarding thetransaction ahead of appointing the firm. Is this something that you can arrange?
Absolutely - we would be delighted to talk to you we do not take any clients on without you speaking to the conveyancer who will be carrying out your property ownership legalities in Blagdon.There is no ‘factory style conveyancing’ - every client is unique individual, not a case number. The solicitors that we put you in touch with believe that the fees you are quoted for residential conveyancing in Blagdon should be the figure that you end up paying.
My 20yr old son is just in the process of moving home, the home loan was agreed last week in principle. One the seller agreed the offer on the house we called the lender to move forward with his. We were shocked to hear that mortgage companies do not accept all lawyer, they need to be on their approved list, is this legal?
Banks ordinarily restrict either the type or the number of conveyancing firms on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Blagdon lawyer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.