Can I use your services to find a Conveyancing solicitor in Chiseldon even where I’m not buying or selling a house, for instance where I wish to buy an office in Chiseldon with a loan from Lloyds TSB Bank?
The service is predominantly used to help choose domestic conveyancing solicitors in Chiseldon but we have set out at the bottom of this page some Chiseldon commercial conveyancing firms. You will need to make contact with the company directly to see if they can also act for Lloyds TSB Bank
Have just purchased a probate house at auction in Chiseldon. Conveyancing is required. What happens now?
Having legally committed yourself to purchase you now have to choose a conveyancing lawyer as a matter of priority as you now have a fast approaching deadline in which to complete the conveyancing. Every auction property should have a corresponding auction set of papers. This should include evidence of title and search results. Where you are dealing with leasehold property the legal pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to leasehold premises. You need to hand this to the conveyancer working for you as soon as possible. Do make sure that you have funds organised to complete the transaction on the set completion date.
I am the sole beneficiary of my late father’s estate and I have everything in my name now, including the my former home in Chiseldon. The Chiseldon property was put into my name in November. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship could be considered the same way as though I had purchased the property in November. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. many mortgage companies would take a pragmatic view as this obligation chiefly exists to pick up on the purchase and immediately sell or the flipping of property.
I have decided to exercise my right to buy my property in Chiseldon off the council. I have a mortgage agreed with Bank of Ireland. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Bank of Ireland, you will need to appoint a solicitor on the Bank of Ireland conveyancing panel.
How does conveyancing in Chiseldon differ for newly converted properties?
Most buyers of new build residence in Chiseldon come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Chiseldon tend to buy the site, 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 conveyancing solicitors 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 Chiseldon or who has acted in the same development.
I decided to have a survey done on a property in Chiseldon ahead of appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend not grant a mortgage on this type of house.
It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chiseldon. Conveyancing will be smoother if you use a solicitor in Chiseldon especially if they are acquainted with such properties in Chiseldon.
We're novice buyers - agreed a price, but the property agent advised that the owners will only go ahead if we use the agent's chosen conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Chiseldon
We suspect that the owner is unaware of this request. Should the seller want ‘a quick sale', taking such a hostile approach to a genuine buyer is counter productive. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to progress, with finances in place © you are unencumbered (d) you intend to proceed fast (e)however you are going to use your preferred Chiseldon conveyancing firm - rather thanthe ones that will give their estate agent a referral fee or achieve conveyancing thresholds set by head office.
What advice can you give us when it comes to choosing a Chiseldon conveyancing practice to deal with our lease extension?
If you are instructing a solicitor for lease extension works (regardless if they are a Chiseldon conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with two or three firms including non Chiseldon conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
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How experienced is the firm with lease extension legislation? Can they put you in touch with clients in Chiseldon who can give a testimonial?
Chiseldon Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to buying
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You should be aware that where the lease has no more than eighty years it will affect the marketability of the property. It is worth checking with your bank that they are content with remaining years on the lease. A short lease means that you will almost definitely need a lease extension at some point and you need to have some idea of how much this would cost. Remember, in most cases you will need to own the residence for two years before you are entitled to extend the lease. What prohibitions exist in the Chiseldon Lease?