As someone not used to conveyancing in Cotswolds what’s the number one tip you can give me concerning the legal transfer of property in Cotswolds
You may not hear this from too many lawyers but conveyancing in Cotswolds and elsewhere in Gloucestershire is often a confrontational process. In other words, when it comes to conveyancing there is plenty of room for conflict between you and others involved in the ownership transfer. For instance, the vendor, estate agent and sometimes the lender. Selecting a law firm for your conveyancing in Cotswolds an important selection as your conveyancer is your adviser, and is the ONE party in the transaction whose interest is to look after your legal interests and to keep you safe.
There is a distinct emergence in the "blame" culture- someone has to be blamed for the process being so protracted. We recommend that you your first instinct should be to trust your solicitor above the other parties in the conveyancing process.
My Conveyancer in Cotswolds is not on the Virgin Money Approved Panel. Can I still use my prefered solicitor even though they are excluded from the Virgin Money list of approved lawyers?
Your options are as follows:
- Carry on with your preferred Cotswolds solicitors but Virgin Money will need to retain a lawyer on their list of acceptable firms. This will result in additional overall conveyancing charges as well as cause delays.
- Choose an alternative lawyer to act in the purchase, obviously checking they are Virgin Money approved.
- Try to convince your Virgin Money solicitor to seek to join the Virgin Money panel
What is your number one tip for choosing a conveyancing solicitor in Cotswolds
We would encourage you not to base your choice on the lowest Cotswolds conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
I have today made my last payment due on my mortgage with Yorkshire BS. I assume I don't need a Cotswolds solicitor on the Yorkshire BS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Cotswolds solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Cotswolds postcode. As you are getting a mortgage with Lloyds, you could contact them to see if they have a list of approved surveyors in Cotswolds.
My business partner and I are looking to lease a unit on a shopping parade. Can you recommend conveyancers offering no-sale-no charges for commercial conveyancing in Cotswolds for less than £2000?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Cotswolds, including the sale and acquisition of businesses as well as simply premises. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. Regarding the costs these will vary based on the structure and terms of the deal. Let us have your contact information or phone so as to enable us to provide you with a detailed commercial conveyancing quote.
As co-executor for the estate of my father I am selling a residence in Swansea but live in Cotswolds. My solicitor (based 300 kilometers awayrequires that I sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing lawyer in Cotswolds to witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are Cotswolds based
What advice can you give us when it comes to appointing a Cotswolds conveyancing firm to deal with our lease extension?
If you are instructing a property lawyer for lease extension works (regardless if they are a Cotswolds conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Cotswolds conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:
-
How many lease extensions have they conducted in Cotswolds in the last 12 months? What are the charges for lease extension work?
Cotswolds Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to Purchasing
-
This question is important as a) areas may result in problems for the block as the common areas may begin to deteriorate where services are not paid for b) if the tenants have a dispute with the managing agents you will wish to know about it Is anyone aware of any major works on the horizon that could add a premium to the maintenance costs? The best form of lease structure is if the freehold reversion is in the ownership of the leaseholders. In this situation the tenants have being in charge if their destiny and although a managing agent is frequently employed where it is larger than a house conversion, the managing agent is directed by the tenants.