Having been told to check out your site we were about to appoint conveyancing solicitor in Gloucester recommended using your search tool but stumbled across alternative costs illustrations on the internet appear less pricey – why is this?
You can find numerous conveyancers offering theoretically looks to be cut price. We would urge you to think long and hard as to how important this transaction is to you that want to take 'cheap' risks in relation to the standard of the conveyancing. Many of them accentuate a low fee to grab your attention but hide additional charges in the small print..
I am hoping to complete my purchase in Gloucester next Tuesday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the lender. What risks does the bank expect the insurance to cover?
Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These obligations are not specific to conveyancing in Gloucester.
2 months have elapsed following my purchase conveyancing in Gloucester took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying a new build apartment in Gloucester. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Gloucester
-
Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are architect prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I decided to have a survey completed on a property in Gloucester ahead of instructing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies tend not grant a loan on this type of property.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you contact us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Gloucester. Conveyancing may be slightly more expensive based on your lender's requirements.
I am purchasing a property and require a conveyancing solicitor in Gloucester who is on the mortgage company conveyancing panel. Could you point me in the right direction as regards a Gloucester 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 lender who conduct conveyancing in Gloucester. We dont recommend any particular conveyancing practice.