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

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Recently asked questions about conveyancing in Sowerby Bridge

IfI were to acquire a freehold housein Sowerby Bridge for cash and have no survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Sowerby Bridge?

Any savings you would make will be limited to the Sowerby Bridge conveyancing searches. Your conveyancer is obliged to do the vast majority of work - money laundering, communicating with your sellers conveyancer, SDLT return, register the ownership etc. You might save a bit for them not having to register a mortgage but it will not be a lot.

I purchased a freehold premises in Sowerby Bridge but still invoiced for rent, why is this and what is this?

It is rare for properties in Sowerby Bridge and has limited impact for conveyancing in Sowerby Bridge but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.

Due to the guidance of my in-laws I had a survey completed on a house in Sowerby Bridge before appointing lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies may not issue a mortgage on a flying freehold house.

It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Sowerby Bridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sowerby Bridge to see if the conveyancing will be more expensive.

I am using a search engine for the phrase on line conveyancing in Sowerby Bridge it shows results of numerous solicitorsin the area. How do I determine which is the right conveyancer for the sale of my house?

The best method of choosing a suitable conveyancer is via personal testimonial, so seek the opinion of friends and those you trust who have bought a property in Sowerby Bridge or the reputable estate agent or mortgage broker. Charges for conveyancing in Sowerby Bridge vary, so it's a good idea to request a minimum of three quotes from varying types of solicitors. Make sure that you know that the costs are guaranteed not to increase.

I've found a house that appears to be perfect, at a great figure which is making it more attractive. I have since been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a leasehold house in Sowerby Bridge. Conveyancing advisers have not yet been appointed. Will they explain the issues?

The majority of houses in Sowerby Bridge are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Sowerby Bridge in which case you should be shopping around for a Sowerby Bridge conveyancing solicitor and be sure that they are used to dealing with leasehold houses. First you will need to check the number of years remaining. Being a leaseholder you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’sconsent to conduct changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the house is part of an estate. Your solicitor should report to you on the legal implications.

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