We chose a local lawyer for our conveyancing in Radstock recently. Going through the Terms it is apparent thatI am responsible for fees even if our purchase aborts. Should I go with them or use an internet conveyancing brokerage offering no-sale-no-fee conveyancing in Radstock?
It is usually ‘give and take’ in that if "No Sale No Fee" is advertised then the fee levels will generally be more expensive to neutralise those cases that abort. Please beware that such deals tend not to protect you from expenses such your Radstock conveyancing search charges.
We are about to exchange contracts for a leasehold flat in Radstock. We have hit a stumbling block. The mortgage offer with Norwich and Peterborough Building Society expires on 19/11/2025 but the vendors are suggesting a completion date of 21/11/2025. Can one prolong the mortgage offer?
The best person to deal with your issue is your solicitors who will assess if they better off negotiating with the lender, seller’s conveyancers, property agents or indeed all parties taking into account the history of your house move to date.
Should commercial conveyancing searches reveal proposed roadworks that may impact a commercial property in Radstock?
Its becoming the norm that commercial conveyancing solicitors in Radstock will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Radstock. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Radstock.
For each commercial conveyancing transaction in Radstock it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Radstock commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Radstock.
How does conveyancing in Radstock differ for new build properties?
Most buyers of new build property in Radstock contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is constructed. This is because developers in Radstock usually buy 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 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 accustomed to new build conveyancing in Radstock or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Radstock is the location of the property. Can you shed any light on this issue?
Flying freeholds in Radstock are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Radstock 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 Radstock 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 residence.