Is there a reason to use a Lydney conveyancing solicitors firm when internet based conveyancers are more affordable?

Its a good idea to shop around for conveyancing costs in Lydney and you should seek a reasonable estimate but don’t become consumed with sourcing the cheapest Lydney conveyancer. Locating the right conveyancer can mark the distinction between a smooth and a distressing house move. It is important that you ensure that you have expert guidance from a trusted conveyancer. An e-mail can never be as helpful as a telephone call and are no substitute for a one to one appointment. The firms that we work with will appoint you a qualified and top rated conveyancing solicitor who can deal with your conveyancing from start to finish, giving the sort of personalised service that you rarely receive from an internet conveyancer. Our lawyers will contact you regularly to update you on any developments and keep you informed. Should you need to call the office you will be sure who you need to speak to and they will endeavour to make sure that you are in the know.

I am hoping to complete my purchase in Lydney next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What risks does the lender expect the insurance to cover?

Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 conditions. These obligations are not specific to conveyancing in Lydney.

I purchased a freehold house in Lydney yet pay rent, why is this and what is this?

It’s unusual for properties in Lydney and has limited impact for conveyancing in Lydney but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.

I opted to have a survey completed on a property in Lydney prior to retaining lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some banks will not grant a mortgage on such a property.

It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. If you call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Lydney. Conveyancing may be slightly more expensive based on your lender's requirements.

In surfing the world wide web for the term cheap conveyancing in Lydney it shows results of many conveyancersin the vicinity. How do I determine which is the right solicitor for purchase transaction?

The ideal way of seeking the right conveyancer is via trusted testimonial, so seek the opinion of friends and those you trust who have acquired a property in Lydney or the local estate agent or financial adviser. Fees for conveyancing in Lydney vary, so it's advisable to secure a minimum of four estimates from different law firms. Make sure that you know that the fees are fixed.