Can you explain why leasehold purchase conveyancing in Yeovil is more expensive?

Yeovil leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

I have todaybecome aware that Arc property Solicitors have closed. They conducted my conveyancing in Yeovil for a purchase of a leasehold flat 9 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?

The quickest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Yeovil conveyancing specialists.

Just had an offer accepted on a new build apartment in Yeovil. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

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

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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.

Due to the guidance of my in-laws I had a survey completed on a property in Yeovil in advance of retaining lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor has said that some banks will not give a loan on this type of house.

It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. If you contact us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Yeovil. Conveyancing may be slightly more expensive based on your lender's requirements.

I'm refinancing my primary property to a BTL mortgage with Santander and intend to use the remaining equity towards further property. The location we are looking at is Yeovil. Will your solicitors be able to act for both sets of lenders and tie in the two deals?

Make use of our search tool on this page to check that the lawyers are on the relevant lender panels. Having checked that they are your lawyer will be able to connect the two conveyancing matters but you should talk with you lawyer and communicate your desired outcome and requirements.