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Conveyancing in South Brent : Keep it Local

South Brent Conveyancing Statistics*

  • 1 Average Stamp Duty Payable for this year to date was £15,888
  • 2 Percentage of leasehold conveyancing cases in South Brent with service charge retention of 8%
  • 3 Average time from start to moving day was 65 days for conveyancing in South Brent
  • 4 Average time frame of 100 days for registration of title in South Brent
  • 5 Percentage of leasehold conveyancing purchases in South Brent is 25% where there is a share in the management company or freehold company

Examples of recent conveyancing in South Brent since March 2022*

Recently asked questions about conveyancing in South Brent

There is lots of here about conveyancing in South Brent but can you isolate your top tip for selecting the right conveyancer in South Brent

We would encourage you not to base your choice on the cheapest South Brent conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.

My lawyer has informed me that defective lease insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in South Brent?

The right level of defective lease indemnity insurance depends on who your lender is. It would differ for example between HSBC Bank and Virgin Money. Conveyancing practitioners as opposed to borrowers take out such policies.

Our sealed bid on a semi in South Brent has been accepted, but there is a chain. The sellers have offered on a flat, however it’s not been accepted yet, and are looking at other apartments booked. I have instructed a local conveyancing solicitor in South Brent. What do I do now? At what point do I apply for the mortgage with Kent Reliance?

It is usual to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, South Brent conveyancing search fees, etc). First, you should ensure that your solicitor is on the Kent Reliance conveyancing panel. Regarding the subsequent stages this very much dictated by the uniqueness of your transaction, desire for the property and on the state of the market. In a buoyant market many home buyers would apply for a home loan with Kent Reliance and arrange for the valuation and only if it comes back ok would they pay their property lawyer to move forward with the conveyancing in South Brent.

I am close to exchanging contracts on the sale of our home in South Brent and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know this is not the case. It does beg the question why the buyers instructed an online conveyancing practice as opposed to a conveyancing solicitor in South Brent. Having lived in South Brent for 5 years we know of no issue. Should we get in touch with our local Authority to get confirmation that the buyers are looking for.

It would appear that you have a conveyancing firm already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)

How does conveyancing in South Brent differ for newly converted properties?

Most buyers of new build or newly converted property in South Brent approach us having been asked by the developer to exchange contracts and commit to the purchase even before the house is finished. This is because builders in South Brent 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 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 accustomed to new build conveyancing in South Brent or who has acted in the same development.

I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. South Brent is where the house is located. Can you offer any assistance?

Flying freeholds in South Brent are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in South Brent you would need to get your solicitor to go 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 South Brent 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 premises.

How does the Landlord & Tenant Act 1954 impact my commercial premises in South Brent and how can your lawyers assist?

The particular law that you refer to affords protection to commercial lessees, granting the legal entitlement to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in South Brent

I am hoping to put an offer on a small detached house that appears to be perfect, at a great price which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in South Brent. Conveyancing advisers have are about to be appointed. Will they explain the issues?

Most houses in South Brent are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. it is apparent that you are buying in South Brent so you should seriously consider looking for a South Brent conveyancing practitioner and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’spermission to carry out alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the house is part of an estate. Your conveyancer should advise you fully on all the issues.

I inherited a 2 bed flat in South Brent, conveyancing was carried out 5 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in South Brent with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ends on 21st October 2090

With only 68 years unexpired we estimate the premium for your lease extension to be between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.

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Sample of conveyancing solicitors in South Brent regulated by the SRA

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

  • Kings - Solicitors, 24 Fore Street, Ivybridge, Devon, PL21 9AB

Residential Landlord and Tenant Conveyancing solicitors in South Brent

The firms listed below are a small selection of solicitors in South Brent practicing in landlord and tenant law and on the regulations governing different types of tenancies. This will likely include advice on Service charge disputes

  • Kings - Solicitors, 24 Fore Street, Ivybridge, Devon, PL21 9AB

Transfer of Equity conveyancing in South Brent ordinarily entails the following:

  • Taking instructions from parties involved
  • Collating the documents evidencing the title to the property
  • Representing mortgage company (where applicable)
  • Negotiating the terms of the transaction
  • Drawing up Transfer or approving the Transfer deed
  • Negotiating amendments to the the Transfer deed
  • Communicating with parties concerning the Transfer
  • Agreeing and preparing for completion
  • Receiving and transferring funds to the appropriate parties
  • Preparing and submitting to HM Revenue and Customs the correct SDLT forms and payment
  • Registering the new ownership and the mortgage (where relevant) at the HMLR.

*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.