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Recently asked questions about conveyancing in Kingsdown

I require conveyancing for a flat in a fairly new development (seven years old) in Kingsdown. 95% of the properties are already disposed of. Do I need carry out the local searches for my conveyancing in Kingsdown?

You are putting yourself at risk in refusing to carrying out Kingsdown conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that your lawyer conducts them. If timings and cost are primary concerns you should consider with your solicitor about the possibility of search insurance

What is the first thing I need to know regarding purchase conveyancing in Kingsdown?

You may not hear this from too many lawyers but conveyancing in Kingsdown and elsewhere in Bristol is an adversarial experience. Put another way, when it comes to conveyancing there exists lots of room for confrontation between you and other parties involved in the ownership transfer. For example, the seller, estate agent and even potentially the bank. Appointing a solicitor for your conveyancing in Kingsdown is a critical decision as your conveyancer is your adviser, and is the SOLE party in the transaction whose responsibility is to protect your legal interests and to protect you.

On occasion a potential adversary may try and persuade you that you should follow their advice. For instance, the estate agent may claim to be helping by claiming that your conveyancer is wrong. Or your mortgage broker may tell you to do take action that is contrary to your conveyancers recommendation. You should always trust your lawyer above all other parties in the conveyancing process.

I require fast conveyancing in Kingsdown as I am under a deadline to exchange contracts inside 2 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?

If.Given you are are a mortgage free purchaser you have the choice not to have searches conducted although no lawyer would recommend that you don't. With lots of history conveyancing in Kingsdown the following are instances of issues that can show up and adversely affect the marketability of the property: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...

How does conveyancing in Kingsdown differ for newly converted properties?

Most buyers of new build property in Kingsdown approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because developers in Kingsdown usually acquire 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 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 used to new build conveyancing in Kingsdown or who has acted in the same development.

Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a simple, chain free conveyancing. Kingsdown is where the house is located. Is there any advice you can impart?

Flying freeholds in Kingsdown are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Kingsdown you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kingsdown 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.

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