Can I use your services to recommend a Conveyancing solicitor in Bubwith even where I’m not buying or disposing of a house, for example if I want to buy a shop in Bubwith with a loan from National Westminster Bank?

Our comparison service is primarily there to locate domestic conveyancing solicitors in Bubwith but we have listed at the bottom of this page some Bubwith commercial conveyancing firms. You should speak with the firm directly to check if they are also authorised to represent National Westminster Bank

I am considering applying for a Kent Reliance mortgage for purchase of a new build (under development) in Bubwith with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Kent Reliance ?

In theory, you could use a solicitor that is not on the Kent Reliance conveyancing panel, but Kent Reliance would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.

How does conveyancing in Bubwith differ for newly converted properties?

Most buyers of new build or newly converted property in Bubwith come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Bubwith tend to purchase 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 conveyancing solicitors 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 used to new build conveyancing in Bubwith or who has acted in the same development.

Due to the input of my in-laws I had a survey completed on a property in Bubwith prior to retaining conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies will not give a mortgage on a flying freehold home.

It varies from the lender to lender. Lloyds has different requirements from Nationwide. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bubwith. Conveyancing will be smoother if you use a solicitor in Bubwith especially if they are accustomed to such properties in Bubwith.

I today plan to offer on a house that appears to meet my requirements, at a reasonable figure which is making it more attractive. I have just been informed that it's a leasehold rather than freehold. I am assuming that there are particular concerns buying a house with a leasehold title in Bubwith. Conveyancing lawyers have not yet been instructed. Will they explain the issues?

The majority of houses in Bubwith are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Bubwith so you should seriously consider looking for a Bubwith conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the freeholder’sconsent to carry out changes to the property. It may be necessary to pay a contribution towards the upkeep of the communal areas where the property is located on an estate. Your solicitor will appraise you on the various issues.

Bubwith Leasehold Conveyancing - A selection of Queries Prior to Purchasing

Is the freehold owned collectively by the leaseholders? Best to be warned if a new roof is being installed or some other significant cost is due shortly that will be shared between the leaseholders and may well materially increase the the service costs or result in a one time invoice. It would be sensible to find out as much as you can about the company managing the building as they can either make living at the property much simpler or uncomfortable. As the owner of a leasehold property you will be at the mercy of the managing agents both financially and when it comes to daily issues such as the tidiness of the common parts. Ask other people if they are happy with their management. On a final note, find out the dates that you are obliged pay the service charge to the relevant party and precisely how they are spending that money.