Can your site be used to recommend a Conveyancing solicitor in Watchet even where I’m not buying or disposing of a house, for instance if I want to buy a shop in Watchet with a loan from The Royal Bank of Scotland?

Our comparison service is mainly utilised to find residential conveyancing solicitors in Watchet but we have set out at the bottom of this page a few Watchet commercial conveyancing firms. You should make contact with the firm directly to see if they are also authorised to represent The Royal Bank of Scotland

About to purchase a new build apartment in Watchet. 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.

Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Watchet

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are surveyor prepared.

I am looking for a flat up to £245,000 and identified one close by in Watchet I like with amenity areas and station nearby, however it only has 49 years unexpired on the lease. I can't really find anything else in Watchet for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a mortgage that many years will be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.

I need to retain a conveyancing solicitor for sale conveyancing in Watchet. I happened to discover a site which looks to be the ideal solution If it is possible to get all the legals done via phone that would be ideal. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Can you provide any advice for leasehold conveyancing in Watchet from the point of view of speeding up the sale process?

• Much of the delay in leasehold conveyancing in Watchet can be reduced if you get in touch lawyers as soon as you market your property and request that they start to collate the leasehold information needed by the purchasers’ solicitors.
If you are supposed to have a share in the freehold, you should make sure that you are holding the original share document. Arranging a new share certificate can be a time consuming process and slows down many a Watchet home move. Where a reissued share is necessary, you should approach the company director and secretary or managing agents (if applicable) for this as soon as possible. In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Watchet leases often stipulate that internal structural alterations or addition of wooden flooring calls for a licence from the Landlord consenting to such works. Should you fail to have the approvals to hand do not communicate with the landlord without contacting your lawyer in advance. Many landlords or Management Companies in Watchet charge for supplying management packs for a leasehold premises. You or your lawyers should enquire as to the fee that they propose to charge. The management pack sought as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual reason for delay in leasehold conveyancing in Watchet.

I invested in buying a basement flat in Watchet, conveyancing formalities finalised March 2011. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Watchet with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease finishes on 21st October 2083

With just 58 years remaining on your lease we estimate the price of your lease extension to span between £22,800 and £26,400 plus legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.