How do I identify reasonably priced conveyancing in Shipston on Stour?
Option 1 is to ask connections who they used in the past and if they were happy with the service.
Second, use a comparison service on the internet for conveyancing in Shipston on Stour. Call two or three from the list and ask them to forward you their conveyancing fee calculations and have a conversation with the lawyer who will handle the conveyancing prior tomaking your choice.
Third is to use this site to help you find the right lawyers for you based on your individual requirements including area of the property,timings, complications and who the proposed mortgage company is. Resist the temptation to opt for £99 conveyancing in Shipston on Stour
About to place an offer on a leasehold apartment in Shipston on Stour. The selling agents say that it is normal for flats in Shipston on Stour to have less than 75 years remaining. I am expecting a loan with Tesco Bank. Is this going to be a problem if the lease has 72 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 9/9/2025 the requirements read as follows :
Should our lawyer be raising enquiries regarding flooding as part of the conveyancing in Shipston on Stour.
The risk of flooding is if increasing concern for lawyers conducting conveyancing in Shipston on Stour. There are those who acquire a house in Shipston on Stour, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or dispose of the property. Steps can be carried out during the course of a property purchase to forewarn the buyer.
Lawyers are not qualified to offer advice on flood risk, however there are a number of checks that can be carried out by the buyer or on a buyer’s behalf which should give them a better understanding of the risks in Shipston on Stour. The conventional set of property information forms supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a usual inquiry of the owner to determine if the premises has suffered from flooding. If the residence has been flooded in past and is not revealed by the owner, then a purchaser may commence a legal claim for losses stemming from an inaccurate answer. The purchaser’s solicitors may also conduct an enviro search. This should higlight whether there is a recorded flood risk. If so, further inquiries will need to be initiated.
How does conveyancing in Shipston on Stour differ for newly converted properties?
Most buyers of new build residence in Shipston on Stour come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because house builders in Shipston on Stour typically purchase the land, 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 property lawyers 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 Shipston on Stour or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Shipston on Stour I like with a park and station nearby, however it's only got 52 years on the lease. There is not much else in Shipston on Stour in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the shortness of the lease will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
I am downsizing from my home. My past solicitors has retired. I am in need of a recommendation of a conveyancing firm. Im based in Shipston on Stour if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Shipston on Stour. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.