My fiance and I are buying an apartment in Aston Clinton. My Conveyancer is not on the bank conveyancing list. Am I still permitted to continue with my Aston Clinton conveyancing solicitor notwithstanding that they are excluded from the bank panel of approved conveyancing solicitors?
Your options include
- Proceed with your existing Aston Clinton conveyancing practitioner but your lender will need to retain a conveyancing practitioner on their conveyancing panel. The net result is additional charges together with probable interruption.
- Choose a fresh property lawyer to conduct the conveyancing, ensuring that they are on the mortgage company conveyancing panel.
- Convince your conveyancing practitioner to seek to join the bank panel
We see that you have a search directory identifying law firms on the Nationwide conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Aston Clinton?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Aston Clinton.
4 months have elapsed since my purchase conveyancing in Aston Clinton concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Aston Clinton differ for new build properties?
Most buyers of new build premises in Aston Clinton come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Aston Clinton usually buy the real estate, 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 conveyancing solicitors 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 Aston Clinton or who has acted in the same development.
I'm refinancing my existing home to a buy to let mortgage with Platform Home Loans Ltd and I will use the rest of the raised equity towards another property. The neighborhood we are looking at is Aston Clinton. Will your solicitors be able to act for the two lenders and tie in the transactions?
Do use our comparison tool on this page to be sure that the solicitors are approved by both lenders. On the basis that they are the solicitor will be able to simultaneously deal with the two transactions but you should talk with you conveyancer and make apparent your expectations and requirements.
Having had my offer accepted I require leasehold conveyancing in Aston Clinton. Before diving in I require certainty as to the unexpired term of the lease.
If the lease is recorded at the land registry - and most are in Aston Clinton - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a 2 bed flat in Aston Clinton, conveyancing formalities finalised 7 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Aston Clinton with an extended lease are worth £179,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease runs out on 21st October 2081
You have 57 years left to run we estimate the premium for your lease extension to range between £26,600 and £30,800 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.