We instructed a local lawyer for my conveyancing in Chipping Sodbury recently. Reviewing the Terms it is apparent thatwe are on the hook for fees even where the conveyance does not complete. Should I go with them or use an internet conveyancing company promising no move no charge conveyancing in Chipping Sodbury?

It is usually ‘give and take’ in that if "No Sale No Fee" is offered then the conveyancing charges will generally be higher to counteract those cases that do not go ahead. Also remember that such arrangements rarely cover disbursements for instance Chipping Sodbury conveyancing search expenses.

Do I need to attend the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Chipping Sodbury so that I can attend their offices if necessary.

These days approved lawyers for banks undertake their work through the post, e-mail or over the phone. This enables them to undertake the conveyancing transaction regardless of where you live in the country. That being said you should check if you have the option of attending the offices of your conveyancing lawyer if you prefer.

Will my conveyancer be raising questions regarding flooding as part of the conveyancing in Chipping Sodbury.

The risk of flooding is if increasing concern for conveyancers dealing with homes in Chipping Sodbury. Some people will buy a house in Chipping Sodbury, completely expectant that at some time, it may be flooded. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable insurance cover, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the buyer.

Conveyancers are not qualified to impart advice on flood risk, but there are a number of searches that may be undertaken by the buyer or by their lawyers which should figure out the risks in Chipping Sodbury. The standard information supplied to a buyer’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the seller to find out whether the premises has historically flooded. If the premises has been flooded in past which is not disclosed by the seller, then a purchaser could bring a claim for damages resulting from an incorrect reply. The purchaser’s solicitors should also commission an enviro report. This will disclose if there is any known flood risk. If so, additional investigations will need to be made.

I'm refinancing my existing home to a buy to let mortgage with The Royal Bank of Scotland and I will use the rest of the raised equity as a deposit on another property. The area we are interested in is Chipping Sodbury. Will your solicitors be able to act for the two lenders and link together the two deals?

Do use our comparison tool on this site to check that the solicitors are approved by both banks. On the basis that they are the solicitor should be able to tie up the two conveyancing matters but you should have a chat with you solicitor and make clear your expectations and requirements.

I am a negotiator for a reputable estate agent office in Chipping Sodbury where we see a few flat sales derailed due to short leases. I have been given conflicting advice from local Chipping Sodbury conveyancing solicitors. Please can you clarify whether the owner of a flat can instigate the lease extension formalities for the buyer?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Chipping Sodbury Leasehold Conveyancing - Sample of Queries before buying

How many of the leaseholders are in arrears for their maintenance charge payments? What is the length of the lease? Most Chipping Sodbury leasehold properties will have a service bill for the upkeep of the building set on behalf of the freeholder. If you buy the apartment you will have to pay this charge, normally quarterly throughout the year. This can vary from two or three hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all probability there will be a rentcharge for you to pay yearly, normally this is not a significant sum, say around £50-£100 but you need to check it because occasionally it could be prohibitively expensive.