I am buying a house and the solicitor has raised the issue of Chancel Repair to which the property may be liable as it falls into the area of such a church. He has suggested insurance. Is this really appropriate for conveyancing in Winchcombe
Unless a prior purchase of the premises completed post 12 October 2013 you could take it that lawyers handling conveyancing in Winchcombe to continue to recommend a chancel search and or chancel repair liability policy.
I used Wolstenholmes several years past for my conveyancing in Winchcombe. Now, I need my documents however the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Winchcombe of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing my first flat in Winchcombe benefiting from help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not to tell my solicitor about the extras as it would jeopardize my mortgage with Aldermore. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Winchcombe is where the house is located. Is there any guidance you can give?
Flying freeholds in Winchcombe are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Winchcombe you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Winchcombe may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am 3 weeks into a residential purchase having been referred to a firm by the estate agent to execute conveyancing in Winchcombe. We are not happy. Can you help me find new conveyancers?
A lawyer would have to be really bad to suggest replacing them. Has the mortgage been sent? In the event that it has you must inform them of the new contact details and get the mortgage documents are re-sent. Your solicitor ideally needs to be on the lenders approved list to avoid added fees and delays. So that should be your starting point. Our search tool will assist you in finding a lender approved lawyer for your home move in Winchcombe
I've recently bought a leasehold house in Winchcombe. Do I have any liability for service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I inherited a 1 bedroom flat in Winchcombe, conveyancing having been completed March 1998. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Winchcombe with a long lease are worth £191,000. The average or mid-range amount of ground rent is £55 per annum. The lease expires on 21st October 2078
With just 54 years unexpired we estimate the price of your lease extension to range between £32,300 and £37,400 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.