We are buying a flat and require a conveyancing solicitor in Radstock who is on the Santander solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Santander . We don't recommend any particular firms conducting conveyancing in Radstock.
I have an AIP. The bank mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would much rather instruct a Radstock based conveyancing firm?
You should check but the the likelihood is that allocate you one of their panel solicitors should you want the "fee-free" deal. Contact the mortgage company and determine if they allow a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Radstock.
Do I need to take out insurance to address the risk of chancel repairs when acquiring a property in Radstock?
Unless a prior acquisition of the property took place after 12 October 2013 you can assume that solicitors conducting conveyancing in Radstock to remain encouraging a chancel search and or chancel repair liability policy.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Radstock is the location of the property. Can you shed any light on this issue?
Flying freeholds in Radstock are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Radstock you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Radstock 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 using a search engine for the words cheap conveyancing in Radstock it reveals many solicitorsin the vicinity. With so much choice what is the best way to find the suitable solicitor for the sale of my house?
The preferential way of seeking the right conveyancer is through a trusted recommendation, so ask friends and relatives who have purchased a property in Radstock or the respected estate agent or financial adviser. Fees for conveyancing in Radstock vary, so it's advisable to obtain a minimum of three quotes from different companies. Make sure that you know that the fees are fixed.
I've found a house that seems to meet my requirements, at a great price which is making it more attractive. I have subsequently been informed that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a leasehold house in Radstock. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Radstock ?
Most houses in Radstock are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Radstock in which case you should be looking for a Radstock conveyancing solicitor and be sure that they are used to transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as obtaining the freeholder’spermission to carry out alterations. You may also be required to pay a service charge towards the upkeep of the estate where the property is located on an estate. Your lawyer will appraise you on the various issues.
I am the registered owner of a 2 bed flat in Radstock, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Radstock with a long lease are worth £211,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease ceases on 21st October 2091
You have 67 years remaining on your lease the likely cost is going to range between £10,500 and £12,000 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.