Conveyancing in Burnham On Sea
Conveyancing refers to the legal process carried out by a property lawyer when transferring ownership of a property from the seller to the buyer. If you're looking for a conveyancing solicitor in Burnham On Sea, you're in the right place. Get a fast & proactive solicitor from a nationwide panel of conveyancing experts.
We have helped clients in Burnham On Sea and throughout Sedgemoor with buying, selling, buy-to-let, Help to Buy, Right to Buy, shared ownership, new build, leasehold, lease extensions, remortgage and transfer of equity.
Other areas covered: Bridgwater and Yeovil
Buying property in Burnham On Sea
A seaside town in Somerset, Burnham-on-Sea is known for its lighthouse on legs and its sandy beach. The Berrow Road area is particularly popular. Burnham-on-Sea is well-served by bus routes to Weston-super-Mare and Bridgwater. Burnham-on-Sea has a population of approximately 20,000.
Council Tax in Burnham On Sea (2023/24)
Burnham On Sea is in Sedgemoor District Council.
What do Burnham On Sea conveyancing solicitors do?
The conveyancer will address all the legal details of a home purchase. They will order searches, raise questions for the seller's solicitor, review contracts, and complete any post-sale actions, including HMLR registration.
In addition to standard searches, Burnham On Sea conveyancing solicitors would also undertake a flood risk assessment.
Are you taking out a mortgage?
Whether you are a first-time buyer or buying a property to rent out, your solicitor must also complete legal work for your lender. If your conveyancer isn't accepted on your chosen mortgage provider's panel, it could take weeks longer to buy your house.
Our chosen panel solicitors have established relationships with the majority of building societies, banks and lenders, such as major banks like Santander, to smaller lenders like Skipton Building Society and Landbay - so you can complete your purchase without delay.
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Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
We can assist home buyers in Burnham On Sea with conveyancing for:
When purchasing a property in a Burnham On Sea conservation area, your solicitor or licensed conveyancer will need to check for planning approval issues, which could include whether extensions are compliant or solar panel restrictions. Conservation areas in Burnham On Sea and the Sedgemoor local authority include:Buying in a conservation area
New Build
The conveyancing process for purchasing a new build home in Burnham On Sea is more complicated than buying an existing property.
A solicitor in Burnham On Sea will need to be qualified to handle things like handling reservation fees, working to builders' exchange timelines and registering ownership with warranty providers, including NHBC, Advantage HCI and CRL.
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Leasehold property
Almost all flats are leasehold. Although much less common, there are also around 1 million leasehold houses nationwide. Buying a leasehold property will usually take more time than a freehold home because leasehold transactions involve more work and the freeholder and/or managing agent are also involved.
Examples of delays might include anything from slow receipt of the managing agent information to out-of-date contact information for the freeholder.
Leasehold specialists handle hundreds of leasehold transactions a month. With specialist expertise there should be far fewer delays.
Selling a house or flat in Burnham On Sea
When selling a Burnham On Sea house or flat, your lawyer will compile key documents, like ID forms and the contract of sale. Their role involves dealing with complications like missing building regulations and responding to the buyer's solicitor's enquiries.
In order to assure a smooth transfer of ownership, the solicitor will also work with all parties, such as agents, managing agents and lenders.
Does it take longer to sell a leasehold property?
Yes, compared to freehold conveyancing. Sale conveyancing for a leasehold house or flat usually takes longer.
The solicitor acting for the buyer must review this leasehold-related paperwork, including a copy of the freehold property's buildings insurance. The time required by your lawyer to gather this paperwork is the common cause of such delays.
It can take a long time to gather this paperwork if it is difficult to contact the managing agent or landlord or they are slow to respond, so the seller's solicitor ought to start this process before a buyer has even been found.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage conveyancing
The Bank of England's current base rate is 5.25% (7 December, 2024)
You will need to verify your preferred solicitor is approved by your lender before you instruct your solicitor.
We work with solicitors who are approved members of the majority of lenders. Whether you are changing to an equity release mortgage with NatWest or taking out a variable rate mortgage from Barnsley Building Society, our experienced conveyancing team can guide you through the remortgage process.
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Find out if our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transferring Equity
If you aim to reduce or increase your ownership share of a property, whether you are inheritance tax (IHT) planning, changing the legal ownership structure or gifting a home, a transfer of equity is required.
Your solicitor will handle all the required documentation for a fixed fee.
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Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much are solicitors' conveyancing fees in Burnham On Sea?
When you are comparing quotes, it isn't always easy to be certain you are comparing like to like.
Conveyancing fees
The conveyancing quote should clearly detail the legal fees, including VAT, that you pay when the property transaction is complete. These fees are what your conveyancing solicitor charges you for the tasks they complete.
Disbursements
Disbursements are fees that your conveyancing solicitor will have to pay on your behalf for third-party services. Examples of disbursements include Stamp Duty, property searches and a bankruptcy search.
Check what's included in your conveyancing quote
Some firms set out additional charges in their terms and conditions, resulting in a higher-than-expected final bill. Beware of hidden charges not mentioned in the initial conveyancing quote, when you compare conveyancing quotes.