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

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Recently asked questions about conveyancing in Coleford

Do commercial conveyancing searches disclose proposed roadworks that may affect a commercial site in Coleford?

Its becoming the norm that commercial conveyancing solicitors in Coleford will conduct a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Coleford. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Coleford.

For every commercial conveyancing transaction in Coleford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Coleford commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Coleford.

My wife and I have a 4 bedroom Georgian property in Coleford. Conveyancing solicitor represented me and National Westminster Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?

You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Coleford and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing solicitor who conducted the purchase.

I opted to have a survey carried out on a property in Coleford in advance of instructing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks may not grant a mortgage on a flying freehold home.

It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Coleford. Conveyancing may be slightly more expensive based on your lender's requirements.

I am using a search engine for the phrase conveyancing in Coleford it reveals many conveyancersin the area. How do I determine which is the suitable solicitor for purchase transaction?

The best method of finding a suitable conveyancer is through a trusted referral, so ask colleagues and relatives who have bought a property in Coleford or a respected estate agent or financial adviser. Charges for conveyancing in Coleford vary, so it's sensible to request a minimum of three quotes from varying types of conveyancers. Make sure that you know that the fees are fixed.

I am purchasing a maisonette and cash is in place. My lawyer has been given with 2 distinct evidence of photographic ID, bank statement, multiple utility bills. Now he needs a copy from a probate lawyer stating that the funds are in order and that it has come from inheritance and not via illegitimate means.

In today’s world you will not be able to complete any Coleford conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.

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Find out more about how flying freehold can affect your the value of a property.