Can I use your services to recommend a Conveyancing solicitor in Nailsworth even where I’m not buying or disposing of a house, for instance where I wish to buy a shop in Nailsworth with a loan from Nationwide Building Society?

Our comparison service is predominantly used to locate domestic conveyancing solicitors in Nailsworth but we have set out at the end of this page a few Nailsworth commercial conveyancing firms. You should make contact with the firm directly to see if they are also authorised to represent Nationwide Building Society

I used Wolstenholmes several years ago for my conveyancing in Nailsworth. I now require my papers but the law firm has closed. What do I do?

Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Nailsworth of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I am purchasing my first flat in Nailsworth with a loan from Leeds Building Society. The developers refused to budge the price so I negotiated five thousand pounds worth of extras instead. The sale representative advised me not to tell my lawyer about the side-deal as it may jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Nailsworth is where the house is located. Can you offer any opinion?

Flying freeholds in Nailsworth are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Nailsworth you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Nailsworth may determine 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.

I am looking at a couple of apartments in Nailsworth which have in the region of fifty years remaining on the leases. should I be concerned?

There are no two ways about it. A leasehold apartment in Nailsworth is a wasting asset as a result of the shortening lease. The closer the lease gets to zero years unexpired, the more it reduces the salability of the premises. The majority of purchasers and lenders, leases with less than eighty years become less and less attractive. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Nailsworth conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Nailsworth Leasehold Conveyancing - Sample of Queries Prior to Purchasing

The answer will be useful as a) areas could result in problems in the block as the common areas may start to deteriorate where repairs are not paid for b) if the leasehold owners have a dispute with the managing agents you will wish to have all the details It would be sensible to discover if there is anything that is prohibited in the lease. For example it is fairly common in Nailsworth leases that pets are not allowed in in a block in Nailsworth. If you love the flatin Nailsworth yet your cat can’t live with you then you will be presented with a hard choice.