In what way does my ID and proof of funds have anything to do with my conveyancing in Aston Clinton? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identity of the person or body they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you need to sign should stipulate this. Your lender will also require certain documents to be viewed. Where you refuse to hand over identification documents, your conveyancer would not be able to act for you.
Me and my partner are purchasing a apartment in Aston Clinton. It might be a silly question but how we can trust a conveyancer? At some point we will need to deposit funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am helping my niece sell her house in Aston Clinton. Does the conveyancer order the energy performance certificate or should I organise this?
Following the abolition of Home Packs, EPC’s was retained a required part of moving house. An energy assessment needs to be commissioned in advance of the property being advertised. It is not a task that lawyers ordinarily arrange. Where you are instructing a Aston Clinton conveyancing lawyer they may be willing to arrange EPC’s given their relationships with reputable local providers
We are buying a detached bungalow in Aston Clinton. The intention is to carry out an extension to the side at the house.Will legal conveyancing on the property include investigations to see if these works are permitted?
Your property lawyer should check the deeds as conveyancing in Aston Clinton can on occasion identify restrictions in the title deeds which restrict certain alterations or need the consent of another owner. Many extensions call for local authority planning consent and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
How does conveyancing in Aston Clinton differ for newly converted properties?
Most buyers of new build property in Aston Clinton come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Aston Clinton usually acquire 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 conveyancers 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 decided to have a survey carried out on a house in Aston Clinton prior to retaining lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some lenders may not grant a mortgage on such a house.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. Should you wish to telephone us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Aston Clinton. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm converting the mortgage on my primary house to a BTL mortgage with The Royal Bank of Scotland and I will use the rest of the raised equity as a down payment on a second property. The area we are interested in is Aston Clinton. Will your conveyancers be able to act for the two mortgage companies and link together the two deals?
Do use our comparison tool on this page to be sure that the lawyers are on the relevant lender panels. On the basis that they are your solicitor should be able to simultaneously deal with the two transactions but you should talk with you solicitor and make apparent your expectations and needs.
I am tempted by the attractive purchase price for a couple of flats in Aston Clinton both have approximately 50 years unexpired on the leases. Should I regard a short lease as a deal breaker?
A lease is a right to use the property for a prescribed time frame. As a lease gets shorter the saleability of the lease deteriorates and it becomes more expensive to extend the lease. This is why it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease as mortgage companies may be reluctant to lend money on properties of this type. Lease extension can be a difficult process. We recommend you get professional assistance from a conveyancer and surveyor with experience in this field.
Aston Clinton Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to buying
Where a Aston Clinton lease has less than 80 years it will have adverse implications on the salability of the flat. Check with your bank that they are willing to to proceed given the lease term. A short lease means that you will almost definitely have to extend the lease at some point and it is worth finding out what this would cost. For most Aston Clintonlease extensions you would be be obliged to have owned the residence for 24 months before you are legally able to exercise a lease extension. The answer will be helpful as a) areas can result in problems for the building as the communal areas may start to deteriorate where services remain unpaid b) if the leasehold owners have a dispute with the running of the building you will need to have full disclosure For most Aston Clinton leaseholds the cost for major works tend not to be included within maintenance charges, albeit that a few managing agents in Aston Clinton ask leasehold owners to pay into a reserve fund created for the specific intention of building a fund for major works.