I used Arc property Solicitors several years ago for my conveyancing in Winchcombe. I now require my papers however the law firm is no longer operating. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Winchcombe of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Winchcombe differ for newly converted properties?
Most buyers of new build property in Winchcombe approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is constructed. This is because builders in Winchcombe usually buy 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 property lawyers 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 Winchcombe 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 Winchcombe in advance of appointing solicitors. I have been told that there is a flying freehold element to the property. The surveyor advised that some lenders will not give a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. Should you wish to telephone us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Winchcombe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Winchcombe to see if the conveyancing costs will increase in light of this.
What does commercial conveyancing in Winchcombe cover?
Commercial conveyancing in Winchcombe covers a wide array of guidance, given by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
What advice can you give us when it comes to choosing a Winchcombe conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a Winchcombe conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Winchcombe conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be helpful:
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If they are not ALEP accredited then why not? Can they put you in touch with clients in Winchcombe who can give a testimonial?
Winchcombe Conveyancing for Leasehold Flats - Examples of Questions you should consider before Purchasing
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The majority of Winchcombe leasehold properties will have a service bill for maintenance of the block set on behalf of the management company. Should you purchase the apartment you will have to pay this liability, normally quarterly accross the year. This could vary from two or three hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all probability there will be a ground rent for you to pay annual, ordinarily this is not a large amount, say approximately £50-£100 but you should to enquire as on occasion it could be many hundreds of pounds. Does the lease include onerous restrictions?