I have just started taking steps with the aim of porting my existing standard home loan to a Buy to Let Chelsea Building Society mortgage. I have been informed by my broker that I must appoint a solicitor as part of the process. I got in contact with my past Radstock conveyancing firm who who did the conveyancing when I first acquired the house. The costs illustration supplied of £470 is surprising as its a remortgage than a sale or purchase.
The charges appear a tad high. Where you are content to expend time scrutinising charges you might reduce the fees marginally by as much as £125. On the other hand, if you were satisfied with the service the firm offered you maycome to regret opting for an a cheaper solicitor. If is important to enquire that the solicitor can act for Chelsea Building Society. You can use our search tool to choose a Radstock conveyancing firm on the Chelsea Building Society approved list of lawyers, which can often include conveyancing solicitors in Radstock.
We were just about to exchange contracts for a garden flat in Radstock. We encountered a stumbling block. Our mortgage offer with Barclays expires on 3/12/2025 but the sellers are putting forward a completion date of 5/12/2025. Can one extend the mortgage offer?
The person best placed to address this question is your lawyer who will hopefully assess whether they better off negotiating with the lender, seller’s representatives, property agents or possibly all three taking into account what has gone on in your conveyancing as of today.
My property lawyer in Radstock is not on the Halifax Solicitor Panel. Can I still retain my family solicitor notwithstanding that they are not on the Halifax panel?
The limited options open to you here include:
- Complete the purchase with your existing Radstock lawyers but Halifax will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the overall legal charges and result in delays.
- Choose an alternative solicitor to to deal with the purchase, not forgetting to check they are Halifax approved.
- Persuade your Halifax solicitor to attempt to join the Halifax panel
Just bought a detached house in Radstock , how long should it take for the Land Registry to record the transfer to my name? My Radstock conveyancing solicitor works at snail pace, so I want to be sure the registration formalities are concluded.
As far as conveyancing in Radstock is concerned, registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timescales can vary subject to who lodges the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. As of today in the region of three quarters of such applications are completed in less than three weeks but some can be subject to longer delays. Historically registration takes place after the purchaser is living at the premises so an expedited registration is not usually primary concern but if it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one close by in Radstock I like with a park and railway links nearby, however it's only got 49 years unexpired on the lease. There is not much else in Radstock for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan the shortness of the lease may be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
I am using a search engine for the term on line conveyancing in Radstock it shows results of many conveyancersin the vicinity. With so much choice what is the best way to find the right property lawyer for purchase transaction?
The ideal method of choosing a suitable conveyancer is via trusted testimonial, so ask friends and those you trust who have acquired a property in Radstock or a local estate agent or mortgage broker. Charges for conveyancing in Radstock differ, so it's sensible to request at least three fee calculations from varying types of property lawyers. Dont forget to clarify that the fees are fixed.