Would the conveyancing solicitors that you recommend handle attended exchange conveyancing in Chipping Sodbury?
We do have a number of conveyancing experts who can conduct 24hr exchanges. Do e-mail us to secure a costs illustration and details as to dates.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Chipping Sodbury?
There are many registered licenced Conveyancers in Chipping Sodbury and Solicitor partnerships in Chipping Sodbury offering conveyancing We would stress that the two are regulated professionals specialising in the legal aspects of the home buying process. They may both also handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I'm the sole beneficiary of my late father’s estate and I have everything in my name alone, including the my former home in Chipping Sodbury. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the property. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership could be considered the same way as if I'd bought the property in June. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. Most mortgage companies would take a sensible view as this provision primarily exists to identify the purchase and immediately sell or the flipping of properties.
Nationwide have agreed my mortgage in principle, my offer on a house in Chipping Sodbury has been agreed to, what happens next?
Your estate agent will need to be advised as to your property lawyer's details (ensure that the lawyers are on the lender’s panel). Contact Nationwide or your financial adviser and finalise any appropriate forms. Nationwide will appoint a valuer who will get in touch with the estate agent or vendor to book a slot for the valuation to occur. Once carried out (assuming no problems) it takes approximately ten days to receive the mortgage offer. Nationwide will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Chipping Sodbury.
What can a local search reveal regarding the property we're buying in Chipping Sodbury?
Chipping Sodbury conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company such as Searches UK The local search is essential in every Chipping Sodbury conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your new home. The search should supply data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
Due to the guidance of my in-laws I had a survey completed on a house in Chipping Sodbury before appointing solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some lenders may refuse to grant a loan on such a house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you e-mail us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Chipping Sodbury. Conveyancing will be smoother if you use a solicitor in Chipping Sodbury especially if they are accustomed to such properties in Chipping Sodbury.
Can you offer any advice when it comes to choosing a Chipping Sodbury conveyancing firm to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Chipping Sodbury conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with several firms including non Chipping Sodbury conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be useful:
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What volume of lease extensions has the firm carried out in Chipping Sodbury in the last year? How familiar is the practice with lease extension legislation?
Chipping Sodbury Conveyancing for Leasehold Flats - A selection of Queries before buying
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How much is the yearly maintenance fee and ground rent? On the whole the cost for major works tend not to be built into the maintenance charges, albeit that there some managing agents in Chipping Sodbury require leaseholders to contribute towards a sinking fund created for the specific intention of building a fund for larger works. The majority of Chipping Sodbury leasehold apartments will incur a service charge for the upkeep of the block set on behalf of the management company. If you acquire the apartment you will have to pay this charge, usually in instalments during the year. This could differ from several hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. There will also be a ground rent for you to pay yearly, this is usually not a significant sum, say approximately £25-£75 but you should to check it because occasionally it could be prohibitively expensive.
Please specify the differing property related services that Chipping Sodbury conveyancing firms offer?
By and large Chipping Sodbury conveyancing firms will offer a number of legal advice to home and land owners, vendors, purchasers, freeholders and tenants and you can expect them to help you with some of the following services:
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Home sale conveyancing in Chipping Sodbury or beyond
Residential purchase conveyancing in Chipping Sodbury and countrywide
purchase, disposal and subdivision of land Acquisition of council property under the Right to Buy Scheme Acting for landlords and seeking possession against tenants, licensees or squatters in and outside of Chipping Sodbury Drafting and advising on leases and tenancy agreements