Would the conveyancing solicitors listed on your site conduct right to buy conveyancing in Bishopsworth?

We have identified a number of conveyancing solicitors who can conduct right to buy transactions You should call the conveyancers listed to get a conveyancing quote.

I have todaydiscovered that Action Conveyancing have been shut down. They carried out my conveyancing in Bishopsworth for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?

The quickest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bishopsworth conveyancing specialists.

How does conveyancing in Bishopsworth differ for newly converted properties?

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

I am looking at a couple of flats in Bishopsworth both have about 50 years remaining on the leases. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Bishopsworth. The lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease gets shorter the saleability of the lease deteriorates and it becomes more costly to acquire a lease extension. This is why it is generally wise to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage lenders may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional assistance from a solicitor and surveyor with experience in this field.

I inherited a 1 bedroom flat in Bishopsworth, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in Bishopsworth with over 90 years remaining are worth £192,000. The average or mid-range amount of ground rent is £55 charged once a year. The lease expires on 21st October 2080

With 54 years left to run we estimate the premium for your lease extension to span between £32,300 and £37,400 plus legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.

Developers have put forward a conveyancer and I've received an estimate from them. It's almost £400 cheaper than my local Bishopsworth conveyancing practitioner. What's the catch?

Housebuilders frequently have panels of lawyers who are quick and who know the builder's contract and conveyancer. Plenty of developers offer an inducement to choose their approved conveyancing practitioner for this reason, any increased charges can be avoided and a builder won't recommend a conveyancing factory and run the risk of having the transaction delayed when they need an exchange in 28 days. The argument for not agreeing to use the recommended conveyancer is that they may prove unwilling to 'push' your interests for fear of upsetting the housebuilder. If you worry that this may be the case you should remain with your high street Bishopsworth solicitor.