The Buckingham conveyancing firm that I recently instructed on my house acquisition in Buckingham have without warning shut down. They were on acting for me because I had to have a firm on the Kent Reliance conveyancing panel and my family Buckingham lawyer was not. I sent them a cheque for £250 in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Kent Reliance conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
What is the difference between a licensed conveyancer and conveyancing solicitor in Buckingham
There are many registered licenced Conveyancers in Buckingham and Solicitor firms in Buckingham offering conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of the home buying process. Both can conduct associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
A friend advised me that in buying a property in Buckingham there could be a number of restrictions as to what one can do in terms of external alterations to a property. Is this right?
We are aware of a number of properties in Buckingham which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Buckingham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Aldermore have agreed my home loan in principle, my bid on a flat in Buckingham has been accepted, now what?
The property agent will wish to be informed of your solicitor's details (be sure the conveyancing practitioners are on the bank’s panel). Contact Aldermore or your financial adviser and finalise any relevant forms. Aldermore will sellect a valuer who will get in touch with the estate agent or seller to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Aldermore will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Buckingham.
My wife and I are downsizing from our home in Buckingham and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers are using a national conveyancing firm as opposed to a conveyancing solicitor in Buckingham. Having lived in Buckingham for three years we know that this is a non issue. Should we contact our local Authority to get confirmation need.
It would appear that you have a conveyancing firm already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Are there restrictive covenants that are commonly identified during conveyancing in Buckingham?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Buckingham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I opted to have a survey done on a property in Buckingham in advance of appointing solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some banks may not grant a mortgage on this type of home.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you e-mail us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Buckingham. Conveyancing may be slightly more expensive based on your lender's requirements.
My business partner and I are planning to lease a unit on a shopping parade. Can you recommend lawyers offering fixed charges for non-domestic conveyancing in Buckingham for less than 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Buckingham, including the disposal and purchase of businesses as well as simply premises. Whether you are hoping to purchase or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right solicitor. As for the costs this will depend on the structure and terms of the deal. Please provide us with your contact information or telephone us so that we may supply you with a detailed commercial conveyancing quote.