Conveyancing in Lydney
Conveyancing is the process of preparing legal documents for a property sale, remortgage or lease extension, and transferring legal ownership if the property is being sold. If you need a solicitor for conveyancing in Lydney, we can help you with fast & proactive conveyancing from a national panel of conveyancing specialists.
We have helped clients in Lydney and throughout Forest of Dean 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: Cheltenham, Filton, Gloucester and Stroud
Buying property in Lydney
Situated in Gloucestershire on the west bank of the River Severn, Lydney, with its stunning harbour and Lydney Park gardens, offers an ideal spot for nature enthusiasts. The Dean Forest Railway enhances its historical charm, making it a captivating rural retreat.
Council Tax in Lydney (2023/24)
Lydney is in Forest of Dean District Council.
| Band | Amount |
|---|---|
| A | £1,410.95 |
| B | £1,646.11 |
| C | £1,881.27 |
| D | £2,116.43 |
| E | £2,586.75 |
| F | £3,057.06 |
| G | £3,527.38 |
| H | £4,232.86 |
What do conveyancing solicitors do?
A conveyancing solicitor guides the buyer through the legal aspects of a home purchase. They will raise enquires of the seller's solicitor, order searches, review the lease (if applicable), and handle post-completion tasks, such as paying SDLT and HMLR registration.
Further to the standard checks and searches, Lydney conveyancing solicitors may undertake flood risk checks due to Severn and Avon rivers, issues related to the Cotswolds AONB and radon gas.
Are you buying a home with a mortgage?
Whether you are buying a listed building or buying a property to rent out, your solicitor must also complete legal work for the bank. If your property lawyer is not on your mortgage provider's panel, your purchase could take significantly longer to complete.
More than 100 mortgage lenders have approved our chosen panel lawyers. We can help you complete your Lydney transaction without delay.
Read more:
Conveyancing for buying a property
Find out if our panel solicitors can act for your mortgage lender
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We can also help Lydney home buyers with the conveyancing for:
When you buy a home in a conservation area, your solicitor will check for restrictions on how you can use the home, e.g. area consents or parking issues. Conservation areas in Lydney and the Forest of Dean local authority include:Conservation area
Roughly half a million listed buildings exist across the country, 1,574 of which are in Forest of Dean District Council. Listed buildings and properties in and near to Lydney include: Buying and owning a listed building is not for the faint-hearted. Examples of the duties faced by listed property owners include a duty to maintain the exterior appearance, consent for additions like solar panels and an obligation to maintain the property's surroundings in a manner consistent with its historic character. Our specialist panel of property solicitors will help you understand what commitments you are making as a listed building owner. Read more:Buying a listed building
Leasehold property
The vast majority of flats are leasehold. Leasehold houses are less common, but there are still an estimated 1 million such properties across the country. The legal work for leasehold property can take weeks more to complete than a freehold property because there is more to prepare.
Delays in leasehold transactions could include anything from an absent freeholder to slow delivery of managing agents' documents.
Leasehold specialists complete the legal work for 100's of leasehold purchases each month, and our proactive approach can mean faster conveyancing.
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When we factored in eveything that was included - this was the best quote we could find
Selling a property in Lydney
When selling a property in Lydney, the solicitor will prepare vital paperwork, including the sale contract and ID forms, and will help you answer these forms. The conveyancer will advise on enquiries sent by the buyer's conveyancer, address potential issues and redeem the existing mortgage. Your lawyer will also communicate effectively with the other parties, including estate agents and banks or building societies, so the sale completes quickly.
Does it take longer to sell a leasehold property?
Yes, compared to freehold conveyancing. Sale conveyancing for leasehold houses or flats usually takes longer.
The buyer's conveyancer must review several leasehold-related documents. These could include a current statement of service charges and a copy of the freehold property's buildings insurance. Delays are usually caused by the time needed by the solicitor to get these documents together.
The solicitor ought to start this process at the earliest opportunity, as the managing agent's information can take weeks to collect if the managing agent is slow or difficult to contact.
Read more:
Selling a leasehold flat? What to do before going on the market
Conveyancing for selling a property
Remortgage conveyancing in Lydney
The official base rate is 5.25% (7 December, 2024)
You should check the remortgage solicitor you have picked is an approved member of your lender's panel before you instruct your solicitor.
Our remortgage panel solicitors are on all major mortgage lenders' panels. Whether you are changing to a fixed rate mortgage with Nationwide or moving to a guarantor mortgage with Investec Bank, we can help you.
Read more:
Check our panel solicitors can act for your lender
Get a remortgage conveyancing quote
Transfer of equity
Whether you are taking over the share of another owner, estate planning or transferring the ownership of your property to a child, a transfer of equity is required. Your lawyer will complete the legal work for a fixed fee.
Read more:
Transfer of equity Stamp Duty calculator
Get a transfer of equity conveyancing quote
How much does conveyancing cost in Lydney?
Some of the fees included in conveyancing quotes can be unfamiliar, especially for first time buyers.
Legal fees
Your conveyancing solicitor's quote will set out the legal fees (inc. VAT) that you'll pay when your transaction completes. These fees are what your conveyancing solicitor charges you for the legal work that they complete during your property transaction.
Conveyancing disbursements
Disbursements are third-party expenses incurred during the purchase, sale or other conveyancing transaction. Third-party disbursements include Stamp Duty and property searches.
Check for additional fees
Watch out for additional charges, if you are comparing quotes. Some firms include extra costs in their terms and conditions, leading to a higher final bill.
