Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Woodbury is the location of the property. Is there any guidance you can give?

Flying freeholds in Woodbury are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Woodbury you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Woodbury may ascertain 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 property.

I am downsizing from my property. My past solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Woodbury if that makes things easier.

Please use our search tool to help you find a solicitor for your conveyancing in Woodbury. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

I am looking for a conveyancing practitioner in Woodbury for my purchase. Can I check a firm’s record with the legal regulator?

Anyone may search for published Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The SRA may monitor call for training reasons.

In relation to leasehold conveyancing in Woodbury what are the most frequent lease defects?

Leasehold conveyancing in Woodbury is not unique. All leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:

A duty to insure the building

A defective lease will likely cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, Skipton Building Society, and Aldermore all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, obliging the buyer to pull out.

I acquired a split level flat in Woodbury, conveyancing was carried out February 2001. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Woodbury with over 90 years remaining are worth £195,000. The ground rent is £45 invoiced every year. The lease ends on 21st October 2087

With just 62 years remaining on your lease we estimate the premium for your lease extension to be between £17,100 and £19,800 plus costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.

Do online conveyancing organisations undertake everything a local Woodbury solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Woodbury?

Where you choose an online conveyancer they will undertake all the work your Woodbury solicitor will cover.