Find a Bridport Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Bridport? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Bridport transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Bridport conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Bridport

We were about to choose a conveyancing solicitor in Bridport recommended on your site but have come across some other quotes on the internet look cheaper – why is this?

There are hundreds of conveyancers offering theoretically looks to be very low prices. We suggest that you give due consideration as to how much you respect your own move to want to take 'cheap' risks in relation to the quality of the conveyancing. Some hide fees deep into the terms of business. The conveyancers that we list for conveyancing in Bridport neverdo this.

The property market in Bridport is hotting up. What can be done to hasten the buying process?

In a situation where the seller is applying pressure for your conveyancing it is advisable to make sure that your lawyer is familiar with the location as they will have local contacts and insight. It is possible that they may have transacted previoushouses in the same road. Therefore consider using a Bridport conveyancing lawyer. Second, double check that the lawyer is on the on the approved list for your mortgage company. It is believed that just under twenty per cent of Bridport conveyancing deals are held up or derailed after discovering a buyer’s lawyer was not on their banks member panel. This can often result in the conveyancing being delayed by almost 21 days. It is said that this issue affects approximately one hundred thousand home sales every year. Most Bridport conveyancing practices can not act for certain mortgage companies so do check at the outset.

What will a local search tell me concerning the property I am purchasing in Bridport?

Bridport conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations for example Searches UK The local search is essential in every Bridport conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.

Are there restrictive covenants that are commonly identified during conveyancing in Bridport?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Bridport. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

All being well we will complete our sale of a £300,000 garden flat in Bridport next Thursday. The managing agents has quoted £360 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Bridport?

For the majority of leasehold sales in Bridport conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Completing pre-contract enquiries Where consent is required before sale in Bridport Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Bridport leasehold property is £350. For Bridport conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply answers.

I am the registered owner of a leasehold flat in Bridport, conveyancing formalities finalised in 2012. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Bridport with an extended lease are worth £181,000. The ground rent is £55 charged once a year. The lease ceases on 21st October 2071

With only 50 years remaining on your lease we estimate the premium for your lease extension to be between £31,400 and £36,200 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.

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