How up to date is your database of Timsbury solicitors on the Lloyds conveyancing panel? Do Lloyds send you an updated list?
Timsbury conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
My wife and I have a semi-detached Victorian house in Timsbury. Conveyancing practitioner acted for me and Godiva Mortgages Ltd. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. Is it worth asking Godiva Mortgages Ltd to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Timsbury and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing practitioner who conducted the conveyancing.
How does conveyancing in Timsbury differ for new build properties?
Most buyers of new build or newly converted property in Timsbury approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is constructed. This is because developers in Timsbury tend to buy 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 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 Timsbury or who has acted in the same development.
How do I search for a Timsbury solicitor on the Britannia conveyancing panel? I have a car and am happy to travel upto 20kilometers to meet the lawyer.
You can use the facility on this website. Please choose the mortgage company and your location and you will see a number of Timsbury conveyancing lawyers based on proximity. We have detailed some Timsbury conveyancing firms towards the end of this page and you can call them to see whether they are on the Britannia member panel
I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a reasonable price which is making it more attractive. I have just discovered that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns buying a leasehold house in Timsbury. Conveyancing advisers have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Timsbury ?
The majority of houses in Timsbury are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are buying in Timsbury so you should seriously consider shopping around for a Timsbury conveyancing practitioner and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example obtaining the freeholder’spermission to carry out changes to the property. You may also be required to pay a maintenance charge towards the upkeep of the communal areas where the house is located on an estate. Your solicitor should advise you fully on all the issues.
Timsbury Leasehold Conveyancing - A selection of Questions you should ask Prior to Purchasing
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This information is important as a) areas may result in problems for the block as the communal areas may begin to deteriorate where repairs are not paid for b) if the leaseholders have a dispute with the managing agents you will need to have all the details Who are the managing agents? Most Timsbury leasehold flats will have a service bill for maintenance of the block invoiced by the landlord. Where you purchase the apartment you will have to pay this charge, normally periodically accross the year. This could differ from a few hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge to be met annual, ordinarily this is not a exorbitant sum, say about £25-£75 but you need to enquire as on occasion it could be prohibitively expensive.
I am purchasing a house and need a conveyancing solicitor in Timsbury who is on the bank approved panel. Could you point me in the right direction as regards a Timsbury 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 the mortgage company who conduct conveyancing in Timsbury. We dont recommend any particular solicitor.