Having been suggested to visit your web site we were about to go ahead with a conveyancing solicitor in Gloucester found on your site but stumbled across alternative quotes via the web seem less expensive – how come?
There are plenty of conveyancing organisations advertising so-called cheap conveyancing, but additionalcosts end up with the final bill mounting up beyond all recognition. Conveyancers are obliged to make sure that fees outlined in terms of engagement should be equitable invoiced The law firms that we list for conveyancing in Gloucester specify all costs for a domestic conveyancing case.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Gloucester. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 23/5/2025, the requirements read as follows :
Just acquired a terraced house in Gloucester , What is the estimated time for the Land Registry to register my ownership? My Gloucester conveyancing solicitor works at snail pace, so I want to be certain that my ownership is recorded.
There is nothing unique when it comes to conveyancing in Gloucester registration formalities. Rather than based on location, timeframes can differ according to the party submitting the application, whether there are errors and whether the Land registry need to notify any third persons or bodies. As of today approximately three quarters of such applications are fully addressed in less than three weeks but occasionally there can be extensive delays. Historically registration occurs after the new owner has moved in to the property so an expedited registration is not usually top priority yet if there is a degree of urgency associated with the registration then you or your lawyers can contact the land registry and explain the circumstances.
How does conveyancing in Gloucester differ for new build properties?
Most buyers of new build property in Gloucester approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Gloucester typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Gloucester or who has acted in the same development.
I have been on the look out for a ground for flat up to £305k and found one close by in Gloucester I like with amenity areas and transport links in the vicinity, the downside is that it only has 51 years unexpired on the lease. There is not much else in Gloucester in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
How and when do I pay the Stamp Duty Land Tax due for my purchase in Gloucester?
Your solicitor will fill out a stamp duty return for you during your Gloucester purchase transaction for you to sign. On completion your conveyancing practitioner will submit the Land Transaction Return Form to the Tax Authorities and - as long as they have the funds - discharge any tax bill due for you.