I have given 8 weeks notice to my current landlord and must be out of my let out flat in Chipping Sodbury by 27/2/2025. Conveyancing for my house purchase is underway. Can I complete in three weeks as I wish to avoid having to move into short term accommodation?
It is unwise to give notice for your lease until exchange of contracts has taken place. If you have not already done so, contact to your solicitor and ask them to they apply pressure on the other lawyers, try to an agreed time frame that all parties will look towards
My wife and I buying a 4 bedroom semi-detached house in Chipping Sodbury. Our aim is to convert the garage to a playroom at the house.Will the conveyancing process include checks to see if these alterations were previously refused?
Your property lawyer should check the registered title as conveyancing in Chipping Sodbury will on occasion identify restrictions in the title deeds which restrict certain works or necessitated the consent of another owner. Some works need local authority planning consent and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
My lawyer has informed me that missing deeds insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Chipping Sodbury?
The appropriate level of missing deeds indemnity insurance depends on who your lender is. It would differ for example between Barclays and Skipton Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
Leeds Building Society have agreed my mortgage in principle, my offer on a property in Chipping Sodbury has been agreed to, what are the next steps?
Your estate agent will want to know who your solicitors are (ensure that the lawyers are on the bank’s approved list). Telephone Leeds Building Society or your financial adviser and complete any outstanding documentation. Leeds Building Society will instruct a valuer who will get in touch with the selling agent or vendor to arrange a time for the valuation to occur. Once conducted (assuming no problems) it takes approximately ten days to receive the mortgage offer. Leeds Building Society will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Chipping Sodbury.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Chipping Sodbury?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Chipping Sodbury. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing my first flat in Chipping Sodbury with the aid of help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not reveal to my lawyer about this extras as it would put at risk my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 am looking for a leasehold apartment up to £195,000 and found one close by in Chipping Sodbury I like with amenity areas and railway links in the vicinity, however it's only got 51 years on the lease. I can't really find anything else in Chipping Sodbury in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan that many years will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
Is it possible to change firm as I have to retain a firm on the Coventry Building Society conveyancing list. I instructed a local conveyancing solicitor in Chipping Sodbury round the corner but he is not approved by Coventry Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Chipping Sodbury on the Coventry Building Society panel. Please note that the law firms that we on the directory do not pay us a referral fee if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in Chipping Sodbury. In making use of search facility on this site, you can compare costs for conveyancing solicitors in Chipping Sodbury and beyond.