What is the most effective way to search for the right lawyer who will provide a high level service for my conveyancing in Axbridge?

First ask your friends and family whom they would instruct.

Option 2 is to use a comparison service on the web for conveyancing in Axbridge. Ring a couple or more firms from the list and invite them to email you their conveyancing estimate and speak to the lawyer who will oversee the conveyancing ahead ofcommitting.

Third is to use our search tool to assist you in finding the right solicitors taking into account your individual factors including the type of property,timings, complexity and who your intended lender is. Resist the temptation to opt for £100 conveyancing in Axbridge

The Axbridge conveyancing firm handling our Axbridge conveyancing has spotted a discrepancy when comparing the surveyor’s assumptions in the valuation report and what is in the legal papers for the property. My solicitor says that he is duty bound to check that the lender is happy with this discrepancy and is content to go ahead. Is my conveyancer’s course or action appropriate?

Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

A friend advised me that where I am purchasing in Axbridge I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is usually quoted for as part of the standard Axbridge conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Axbridge around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Axbridge Education with plans and statistics, Local Amenities and other useful data regarding Axbridge.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Axbridge is the location of the property. Can you shed any light on this issue?

Flying freeholds in Axbridge are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Axbridge you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Axbridge may determine 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 premises.

I am tempted by the attractive purchase price for a two apartments in Axbridge both have approximately forty five years left on the leases. Do I need to be concerned?

A lease is a right to use the property for a prescribed time frame. As a lease shortens the marketability of the lease decreases and results in it becoming more costly to acquire a lease extension. This is why it is advisable to extend the lease term. More often than not it is difficulties arise selling premises with a short lease because mortgage companies may be unwilling to lend money on properties of this type. Lease extension can be a difficult process. We advise that you get professional help from a conveyancer and surveyor with experience in this area.

Axbridge Conveyancing for Leasehold Flats - Examples of Queries before buying

It is important to be aware whether fixing the lift or some other significant cost is coming up to be shared between the leaseholders and could well materially increase the the service costs or require a one off payment. Many Axbridge leasehold apartments will incur a service charge for maintenance of the block invoiced by the management company. Where you buy the apartment you will have to pay this contribution, usually periodically during the year. This can be anything from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a rentcharge to be met annual, this is usually not a significant figure, say about £50-£100 but you should to enquire it because occasionally it could be many hundreds of pounds. How long is the Lease?