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Recently asked questions about conveyancing in Quedgeley

Would the conveyancing lawyers via your comparison service carry out conveyancing in Quedgeley by way of an attended exchange?

We do have a number of conveyancing experts who can conduct 24hr exchanges. Please contact us to obtain a costs illustration and details as to availability.

I am buying a new build apartment in Quedgeley. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Quedgeley

    Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I am looking for a flat up to £235,500 and identified one round the corner in Quedgeley I like with open areas and station nearby, the downside is that it's only got 52 years on the lease. There is not much else in Quedgeley suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

If you require a home loan the remaining unexpired lease term may be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.

My company is hoping to take over a lease of a shop on the high street. Can you recommend conveyancers offering competitive costs for commercial conveyancing in Quedgeley for under 1500k?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Quedgeley, including the disposal and purchase of businesses as well as simply property. Whether you are looking to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right firm. As for the costs these will vary based on the structure and complexity of the deal. Please provide us with your contact information or phone so as to enable us to furnish you with comprehensive commercial conveyancing quote.

I work for a long established estate agency in Quedgeley where we see a number of flat sales derailed as a result of short leases. I have received conflicting advice from local Quedgeley conveyancing firms. Please can you confirm whether the seller of a flat can start the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Quedgeley Leasehold Conveyancing - Examples of Queries before buying

    Generally speaking the cost for major works tend not to be included within maintenance charges, albeit that a few managing agents in Quedgeley obliged leaseholders to pay into a sinking fund created for the specific intention of establishing a fund for major repairs or maintenance. How many years remain on the lease? Are there any major works anticipated that will increase the maintenance fees?

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