As someone unfamiliar with conveyancing in East Coker what is your top tip you can impart concerning the legal transfer of property in East Coker

Not many law firms or advisers will tell you this but conveyancing in East Coker and elsewhere in Somerset is an adversarial process. In other words, when it comes to conveyancing there exists an abundance of opportunity for confrontation between you and other parties involved in the transaction. For instance, the seller, property agent and on occasion the lender. Appointing a law firm for your conveyancing in East Coker an important selection as your conveyancer is your adviser, and is the SOLE person in the transaction whose responsibility is to act in your legal interests and to keep you safe.

Every so often a potential adversary may try and convince you that you should follow their advice. For instance, the selling agent may claim to be helping by suggesting your conveyancer is wrong. Or your financial adviser may advise you to do take action that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties in the conveyancing process.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. East Coker is where the house is located. Is there any advice you can impart?

Flying freeholds in East Coker are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in East Coker you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Coker may ascertain 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 property.

How can the Landlord & Tenant Act 1954 impact my business premises in East Coker and how can you help?

The particular law that you refer to affords a safeguard to commercial lessees, granting the a statutory right to make a request to court for a renewal lease and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in East Coker

I have been sourcing a conveyancing practitioner in East Coker for my sale. Can I review a firm’s record with the profession’s regulator?

You may read documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find information Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA may recorded telephone calls for training reasons.

I am a negotiator for a long established estate agency in East Coker where we have experienced a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have received conflicting advice from local East Coker conveyancing firms. Could you shed some light as to whether the vendor of a flat can initiate the lease extension formalities for the buyer?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having 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.

An alternative approach is 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.

East Coker Conveyancing for Leasehold Flats - A selection of Queries before buying

On the whole the outlay for major works are not included within maintenance charges, albeit that a few managing agents in East Coker ask tenants to contribute towards a sinking fund created for the specific purpose of building a fund for larger repairs or maintenance. What is the name of the managing agents? Is the freehold owned collectively by the tenants?