We see that you have a search directory identifying firms on the Kent Reliance conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Radstock?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Radstock.
Our mortgage company has suggested a law firm on their panel based in Radstock but I would rather choose a conveyancing lawyer in Radstock local to me. Are you able to assist?
Not all Radstock conveyancing solicitors are on all lender’s conveyancing panel. Please make the most of the above search tool to find a Radstock conveyancing solicitor on the on the bank panel.
four months have gone by following my purchase conveyancing in Radstock took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Radstock differ for newly converted properties?
Most buyers of new build premises in Radstock contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is constructed. This is because developers in Radstock tend to purchase 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 conveyancers 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 accustomed to new build conveyancing in Radstock or who has acted in the same development.
In my capacity as executor for the will of my grandmother I am disposing of a residence in Newport but live in Radstock. My conveyancer (who is 300 kilometers from merequires that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Radstock to attest and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Radstock based
What are the frequently found defects that you see in leases for Radstock properties?
There is nothing unique about leasehold conveyancing in Radstock. All leases are drafted differently and legal mistakes in the legal wording can result in certain sections are erroneous. The following missing provisions could result in a defective lease:
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A duty to insure the building
You could have a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Leeds Building Society, and Britannia all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to pull out.
Radstock Leasehold Conveyancing - Examples of Questions you should consider Prior to buying
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How many of the leaseholders are in arrears for their maintenance charge payments? On the whole the cost for major works are not included within service charges, albeit that some managing agents in Radstock require tenants to contribute towards a sinking fund created for the specific intention of establishing a fund for major repairs or maintenance. The majority of Radstock leasehold apartments will incur a service bill for the upkeep of the block levied by the landlord. Where you purchase the apartment you will have to meet this liability, usually in instalments throughout the year. This may differ from a few hundred pounds to thousands of pounds for bigger purpose-built buildings. In all likelihood there will be a rentcharge for you to pay annual, ordinarily this is not a significant amount, say about £25-£75 but you should to check it because occasionally it can be many hundreds of pounds.