Can the conveyancing lawyers listed on your site perform conveyancing in Potswood by way of an attended exchange?
There are a few conveyancing experts carrying out attended exchanges. Please contact us to receive a fee calculation and details as to availability.
I am buying a house and need a conveyancing solicitor in Potswood who is on the Skipton Building Society approved. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Skipton Building Society in certain locations such as Potswood. We dont recommend any particular firm.
I am purchasing a 4 bedroom semi-detached house in Potswood. The intention is to an extension at the rear at the house.Will the conveyancing process include enquiries to see if these works were previously refused?
Your solicitor should review the registered title as conveyancing in Potswood can occasionally identify restrictions in the title deeds which prevent categories of alterations or necessitated the permission of another owner. Many extensions need local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be wise to check these things with a surveyor ahead of any purchase.
My husband and I are at the point of viewing flats in Potswood and I am about to put in an offer. Is it too early to have a solicitor in place? I am planning to take a mortgage with RBS.
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are getting a mortgage with RBS, ask your prospective lawyers if they are on the RBS conveyancing panel otherwise they can't do the mortgage legal work.
Having 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 Potswood solicitor - who is on the Principality conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality 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 solicitor 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 Potswood postcode. As you are getting a mortgage with Principality, you could contact them to see if they have a list of approved surveyors in Potswood.
I opted to have a survey done on a property in Potswood before instructing lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some lenders will refuse to issue a loan on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Potswood. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Potswood to see if the conveyancing costs will increase in light of this.
I need to appoint a conveyancing solicitor for sale conveyancing in Potswood. I've stumble upon a site which appears to be the perfect solution If there is a chance to get all this stuff completed via phone that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am looking at a couple of flats in Potswood which have about forty five years remaining on the lease term. should I be concerned?
There are no two ways about it. A leasehold flat in Potswood is a wasting asset as a result of the shortening lease. The closer the lease gets to zero years unexpired, the more it reduces the salability of the property. The majority of purchasers and banks, leases with under 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Potswood conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
Potswood Leasehold Conveyancing - Examples of Queries before Purchasing
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Who manages the block? How is the lease structured?