As someone not used to conveyancing in Templecombe what is your top tip you can impart concerning the ownership transfer in Templecombe

You may not hear this from too many lawyers but conveyancing in Templecombe and elsewhere in England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there is plenty of room for friction between you and others involved in the transaction. For example, the seller, estate agent and even potentially your lender. Selecting a lawyer for your conveyancing in Templecombe should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the transaction whose responsibility is to act in your best interests and to keep you safe.

On occasion a potential adversary will try and convince you that it is in your interests to do things their way. For example, the estate agent may claim to be helping by suggesting your lawyer is slow. Or your mortgage broker may try to convince you to do take action that is against your conveyancers recommendation. You should always trust your lawyer above all other parties in the conveyancing process.

Are there restrictive covenants that are commonly picked up during conveyancing in Templecombe?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Templecombe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I need to appoint a conveyancing solicitor for my conveyancing in Templecombe. I've discover a site which seems to have the perfect solution If it is possible to get all this stuff done via web that would be preferable. Should I be wary? What should out be looking out for?

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?

I've recently bought a leasehold flat in Templecombe. Do I have any liability for service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Templecombe - A selection of Queries before buying

You should be aware if it is less than 80 years it will impact the value of the property. Check with your bank that they are happy with remaining years on the lease. A short lease means that you will probably have to extend the lease sooner rather than later and it is worth discovering what this would cost. For most Templecombelease extensions you would need to own the property for a couple of years in order to be eligible to extend the lease. Is there a share of the freehold? Who is in charge of the block?

We are hoping to purchase a repossessed house in Templecombe and the vendor would like to complete inside a week. Can a lawyer complete in this timeframe? Would it be better to instruct a high street Templecombe firm or an online conveyancer that professes to complete quickly?

Attend your Templecombe shopping parade. Pop in to 3 companies and request to see a conveyancing solicitor for a quote. Set out your requirements and seek assurances on deadlines. Choose the one that comes across as most genuine. You need to select a lawyer on the panel of conveyancers approved by your bank.