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

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Recently asked questions about conveyancing in Fairford

I am assisting my niece sell her house in Fairford. Will the conveyancing solicitor order an EPC or it is for the owner to coordinate?

Following the demise of HIPs, energy performance certificates was left as a required part of selling a house. An energy performance certificate must be to hand in advance of the property being placed on the market. It is not something that solicitors normally arrange. Where you are using a Fairford conveyancing lawyer they might be willing to arrange EPC’s due to their contacts with long established Fairford accredited person

A relative advised me that in buying a property in Fairford there could be a number of restrictions preventing external alterations to a property. Is this right?

We are aware of a number of properties in Fairford which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Fairford should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I am aiming to move house in October. Should my conveyancing solicitor communicate with the removal company on the day of completion. On a separate note, can you suggest a removal company in Fairford. Conveyancing solicitor was organised before I stumbled across your website.

On the day of completion you can pick up the house keys from your selling agent however this can only occur once the sellers solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. After that you should inform the removal men that they can start moving you in. As a matter of policy we do not suggest a particular removal company but can assist you in choosing a residential property solicitor in Fairford or a firm that specialises in conveyancing in Fairford.

How does conveyancing in Fairford differ for new build properties?

Most buyers of new build residence in Fairford come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because builders in Fairford typically acquire 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 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 accustomed to new build conveyancing in Fairford 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 last month in what was supposed to be a quick, no chain conveyancing. Fairford is where the house is located. Can you offer any assistance?

Flying freeholds in Fairford are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Fairford you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fairford may decide 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 property.

My business partner and I are hoping to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in Fairford for under 2k?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Fairford, including the sale and acquisition of businesses as well as simply premises. If you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. Regarding the charges these will vary based on the structure and complexity of the deal. Let us have your details or telephone us so that we may supply you with a detailed commercial conveyancing quote.

I today plan to offer on a house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have just found out that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Fairford. Conveyancing advisers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Fairford ?

Most houses in Fairford are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Fairford in which case you should be looking for a Fairford conveyancing practitioner and check that they are used to transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example requiring the landlord’spermission to conduct alterations. You may also be required to pay a contribution towards the upkeep of the estate where the property is part of an estate. Your conveyancer should advise you fully on all the issues.

Fairford Leasehold Conveyancing - Examples of Questions you should consider before buying

    Does the lease include onerous restrictions? The prefered form of lease structure is a share of the freehold. In this scenario the leaseholders enjoy being in charge if their destiny and although a managing agent is often employed where the building is bigger than a house conversion, the managing agent employed by the leaseholders.

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