I am obtaining a mortgage offer from Lloyds. I intend to employ the services of a Licensed Conveyancer in Ampthill. Does the Lloyds Solicitor panel allow for conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Would the conveyancing lawyers that you recommend execute conveyancing in Ampthill by way of an attended exchange?
There are a few conveyancing experts carrying out one day exchanges. You should contact us to obtain a conveyancing quote and details as to availability.
I own a freehold property in Ampthill but still pay rent, why is this and what is this?
It’s unusual for properties in Ampthill and has limited impact for conveyancing in Ampthill but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one close by in Ampthill I like with amenity areas and railway links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Ampthill in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
Is it possible to transfer to a new firm as I have to find one who is on the Clydesdale conveyancing panel. I hired a high street conveyancing solicitor in Ampthill five minutes from me but the firm is not accepted by Clydesdale
It would be our pleasure to help you select a conveyancing solicitor in Ampthill on the Clydesdale panel. Please note that the conveyancers that we on the directory do not pay us commission if you instruct them and are authorised and regulated by the SRA who regulate all conveyancing solicitors in Ampthill. Using the find a conveyancing solicitor tool on this page, you can contrast charges for conveyancing solicitors in Ampthill and beyond.
My partner has encouraged me to instruct his conveyancing solicitors in Ampthill. Do I take his advice?
No doubt the best way to find a conveyancing practitioner is to seek recommendations from friends or relatives who have previously instructed the firm that you are considering.