It may have been a long time coming a loan offer from HSBC for the refinancing of my 3 bedroom flat is to be issued within the next few days. Are you able to recommend a low cost conveyancing lawyer in Caversham?

You are on the wrong site if you are seeking a cheap conveyancing in Caversham. Our aim is to provide value for money conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing companies enticing you with £99 conveyancing in Caversham. In your best case scenario, in choosing a lawyer for cheap conveyancing, you will get your money’s worth and at worst it will result in you with a surprising uplift in extras and still not end up with the service required.

Should conveyancers ask for money up-front when it comes to conveyancing in Caversham?

If you are buying a property in Caversham your lawyer will ask you place them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any deposit is as part of the purchase price then this will be asked for shortly before exchange of contracts. The final balance that is needed should be transferred a couple of days ahead of the day of completion.

Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when buying a residence in Caversham?

Unless a prior purchase of the premises took place post 12 October 2013 you may take it that conveyancing practitioners carrying out conveyancing in Caversham to remain encouraging a chancel search and or chancel repair liability insurance.

I'm refinancing my existing home to a buy to let loan with Lloyds TSB Bank and intend to use the remaining equity as a down payment on further property. The area we are interested in is Caversham. Will your lawyers be able to act for both sets of banks and tie in the conveyances?

Make use of our search tool on this site to check that the solicitors are approved by both lenders. Assuming that they are your conveyancer will be able to tie up the two deals but you should have a chat with you conveyancer and make clear your desired outcome and requirements.

I am looking at a two apartments in Caversham which have about fifty years remaining on the lease term. Will this present a problem?

There are plenty of short leases in Caversham. The lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease shortens the saleability of the lease decreases and results in it becoming more costly to extend the lease. This is why it is often a good idea to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional help from a solicitor and surveyor with experience in this arena.

Leasehold Conveyancing in Caversham - A selection of Queries Prior to buying

Make sure you find out if the the lease contains any onerous restrictions in the lease. By way of example it is fairly common in Caversham leases that pets are not allowed in in a block in Caversham. If you like the apartmentin Caversham yet your dog is not allowed to move with you then you will be faced difficult determination. Who is in charge of the block? Is the freehold owned jointly by the leaseholders?