Find a Ouston Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Ouston

We are planning to acquire a house and need a conveyancing solicitor in Ouston who is on the Kent Reliance solicitor panel. Can you recommend a local solicitor?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Ouston.

How does conveyancing in Ouston differ for new build properties?

Most buyers of new build residence in Ouston approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because developers in Ouston usually 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 Ouston or who has acted in the same development.

Due to the encouragement of my in-laws I had a survey completed on a house in Ouston prior to instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some lenders will refuse to grant a loan on a flying freehold premises.

It varies from the lender to lender. Lloyds has different instructions from Nationwide. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Ouston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ouston to see if the conveyancing costs will increase in light of this.

My company is planning to lease a unit on a shopping parade. Can you recommend conveyancers offering no-sale-no fees for commercial conveyancing in Ouston for under 2k?

We can recommend firms who host a wealth of experience of commercial conveyancing in Ouston, including the sale and purchase of businesses as well as simply premises. Whether you are intending to buy or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right solicitor. As for the charges this will depend on the structure and nuances of the deal. Please provide us with your details or call us so that we may supply you with a detailed commercial conveyancing calculation.

I own a leasehold flat in Ouston. Conveyancing was completed in last year. I have heard that I mustn’t let the lease length fall too short. Is this right?

Ouston leasehold properties are for a set term - often ninety nine years when they are first granted. However many flats in Ouston were built or converted 30 or more years ago and so such leases now have less than eighty years remaining. That may seem like a long time however Banks, Building Societies and other mortgage institutions tend to need leases to have a minimum of seventy five years remaining to adequate security. This means that when you come to sell the property you will need a lease extension if you are approaching eighty years. To optimize your property value you should be thinking about whether or not to extend your lease well in advance of selling the property. You should note that there are strong financial reasons to taking action before the lease hits eighty years as when the lease is less than 80 years the premium to be paid to extend starts to escalate.

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