We see that you have a post code search directory identifying solicitors on the Virgin Money conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Axbridge?

We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Axbridge.

Do commercial conveyancing searches reveal impending roadworks that may impact a commercial site in Axbridge?

Its becoming the norm that commercial conveyancing solicitors in Axbridge will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Axbridge. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Axbridge.

For every commercial conveyancing transaction in Axbridge it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Axbridge commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Axbridge.

How does conveyancing in Axbridge differ for newly converted properties?

Most buyers of new build residence in Axbridge contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is finished. This is because builders in Axbridge typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Axbridge or who has acted in the same development.

I have been sourcing a conveyancing solicitor in Axbridge for my home move. Can I review a solicitor's record with the legal regulator?

You can search for documented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes recorded call for training purposes.

What makes a Axbridge lease unacceptable for security purposes?

There is nothing unique about leasehold conveyancing in Axbridge. Most leases are drafted differently and drafting errors can sometimes mean that certain clauses are missing. For example, if your lease is missing any of the following, it could be defective:

Clauses dealing with recovering service charges for expenditure on the building or common parts. Repairing obligations to or maintain parts of the building

A defective lease will likely cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Barclays , The Mortgage Works, and Godiva Mortgages Ltd all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the purchaser to withdraw.

Leasehold Conveyancing in Axbridge - Sample of Questions you should consider Prior to buying

The majority of Axbridge leasehold properties will have a service bill for the upkeep of the block invoiced by the landlord. Where you acquire the apartment you will have to meet this liability, usually periodically accross the year. This can be anything from several hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a rentcharge for you to pay annual, this is usually not a large sum, say about £50-£100 but you need to enquire it because on occasion it could be surprisingly expensive. What prohibitions are contained in the Axbridge Lease? For many Axbridge leaseholds the outlay for major works tend not to be incorporated into the service charges, although some managing agents in Axbridge require leaseholders to pay into a sinking fund created for the specific purpose of building a fund for larger repairs or maintenance.