I know that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when acquiring a property in Glastonbury? or Apparently there is a law dating back centuries that could mean that house owners living in a parish church boundary will be compelled to contribute towards repairs to the chancel within the church. Is this a legitimate concern for conveyancing in Glastonbury?
Unless a previous acquisition of the house took place after 12 October 2013 you can expect lawyers conducting conveyancing in Glastonbury to remain recommending a chancel search and or insurance against a claim.
How does conveyancing in Glastonbury differ for newly converted properties?
Most buyers of new build property in Glastonbury approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is finished. This is because new home sellers in Glastonbury usually buy the real estate, 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 used to new build conveyancing in Glastonbury or who has acted in the same development.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, chain free conveyancing. Glastonbury is the location of the property. Is there any guidance you can give?
Flying freeholds in Glastonbury are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Glastonbury you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Glastonbury may ascertain 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 residence.
In my capacity as executor for the estate of my father I am disposing of a residence in Neath but live in Glastonbury. My lawyer (who is 300 kilometers from mehas requested that I sign a stat dec ahead of completion. Could you suggest a conveyancing solicitor in Glastonbury to witness this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are located in Glastonbury
I have just appointed agents to market my garden apartment in Glastonbury. Conveyancing is yet to be initiated, however I have recently received a quarterly maintenance charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as usual as all ground rent and maintenance payments should be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I inherited a ground floor flat in Glastonbury, conveyancing formalities finalised in 2002. How much will my lease extension cost? Comparable properties in Glastonbury with over 90 years remaining are worth £197,000. The ground rent is £55 per annum. The lease ends on 21st October 2080
With 55 years unexpired we estimate the premium for your lease extension to be between £31,400 and £36,200 as well as costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.
I have been searching for Glastonbury conveyancing quotes online. Can I be confident that all the Glastonbury practices that are identified on your site are on the mortgage company conveyancing panel?
The law firms on our directory have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a lender or a member of the public that the data about a specific Glastonbury firm being on the lender conveyancing panel is incorrect.