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Conveyancing in Gurnard : Keep it Local

Reasons to use our Gurnard conveyancing solicitors

  • 1 The Gurnard conveyancing firms that are identified are dedicated to providing value for money, efficient and accessible conveyancing service to home buyers, sellers and remortgagors in Gurnard
  • 2 The mark of a good conveyancing solicitor in Gurnard is quality not quantity. The level of service offered by conveyancing "factories" (sometimes 'recommended' by large estate agency chains) often falls short of the high standards of professionalism you would hope for.
  • 3 Over the years Gurnard conveyancer have developed very good working relationships with Gurnard local estate agents, banks, building societies, landlords and property developers enabling them to liaise at speed with all concerned in the process of dealing with your conveyancing in Gurnard.
  • 4 Gurnard solicitors have a significant edge when it comes to Gurnard conveyancing as they have valuable local knowledge of local authority requirements, planning policies and other issues that can affect your conveyancing
  • 5 Low cost packages from online conveyancers might be tempting. However, these firms are often based hundreds of miles away with little appreciation of the factors that impact property transactions in Gurnard

Examples of recent conveyancing in Gurnard since October 2022*

Recently asked questions about conveyancing in Gurnard

I am under pressure from the mortgagee in possession of a property in Gurnard to complete within four weeks. What can I do to expedite matters?

In the event that you are under time constraints to complete we would recommend that your solicitor is familiar with the area as they will benefit local contacts and intelligence. It is possible that they could have transacted previousproperties in the same neighbourhood. You would be best advised to use a Gurnard conveyancing lawyer. Second, check that the lawyer is on the member panel. It is understood that nearly one in five of Gurnard conveyancing deals are suspended or derailed after discovering a buyer’s conveyancer was not on their banks panel. This can often result in the legal process being held up by as much as three weeks. It is believed that this issue affects in the region of one hundred thousand home sales annually. Most Gurnard conveyancing firms can not represent certain mortgage companies so do check as early as possible.

Can you explain why leasehold purchase conveyancing in Gurnard is more expensive?

Gurnard leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

I have been told that property searches are the main cause of stalling in Gurnard conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays in the conveyancing process. Local searches are not likely to be the root cause of delay in conveyancing in Gurnard.

I am purchasing my first flat in Gurnard benefiting from help to buy. The developers would not reduce the price so I negotiated £7000 of additionals instead. The estate agent told me not to tell my conveyancer about this side-deal as it will jeopardize my loan with the lender. Should I keep quiet?.

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.

My brother has encouraged me to instruct his conveyancers in Gurnard. Should I use them?

No doubt the best way to select a conveyancing solicitor is to have feedback from friends or relatives who have actually previously instructed the solicitor you're contemplating using.

I am a negotiator for a busy estate agency in Gurnard where we have experienced a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have received contradictory information from local Gurnard conveyancing firms. Please can you clarify whether the seller of a flat can commence the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I am the registered owner of a leasehold flat in Gurnard, conveyancing was carried out in 1997. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Gurnard with over 90 years remaining are worth £170,000. The ground rent is £50 invoiced annually. The lease ends on 21st October 2101

You have 78 years unexpired we estimate the price of your lease extension to be between £7,600 and £8,800 plus costs.

The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.

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Sample of conveyancing solicitors in Gurnard regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Gurnard but also conveyancing throughout England and Wales.

  • Diana Deacon Limited, 36 Castle Road, Cowes, Isle of Wight, PO31 7QZ
  • Glanvilles Llp, The Courtyard, St Cross Business Park, Monks Brook, Newport, Isle of Wight, PO30 5BF
  • Roach Pittis, 60-66 Lugley Street, Newport, Isle of Wight, PO30 5EU
  • Jerome & Co Solicitors Limited, 98 High Street, Newport, Isle of Wight, PO30 1BD
  • Wheelers Solicitors Limited, 69a High Street, Newport, Isle of Wight, PO30 1BA

Residential Landlord and Tenant Conveyancing solicitors in Gurnard

The firms listed below are a small selection of solicitors in Gurnard specialising in landlord and tenant law and on the regulations governing different types of tenancies. This will likely include advice on Court proceedings for possession

  • Diana Deacon Limited, 36 Castle Road, Cowes, Isle of Wight, PO31 7QZ
  • Glanvilles Llp, The Courtyard, St Cross Business Park, Monks Brook, Newport, Isle of Wight, PO30 5BF
  • Roach Pittis, 60-66 Lugley Street, Newport, Isle of Wight, PO30 5EU
  • Jerome & Co Solicitors Limited, 98 High Street, Newport, Isle of Wight, PO30 1BD
  • Eldridges, 36 St James' Street, Newport, Isle of Wight, PO30 1LF

Residential Licensed Conveyancers in Gurnard regulated by the Council of Licensed Conveyancers

Please note that the listed conveyancers do not limit their work for conveyancing in Gurnard but also conveyancing throughout England and Wales.
  • Solent Property Lawyers Limited, First Floor 118-120 High Street, PO13 9DB

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.