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Aylesbury Conveyancing Statistics*

  • 1 Average time from start to moving day was 56 days for conveyancing in Aylesbury
  • 2 Median Service Charge Retention of £250.00
  • 3 115 is the median number of years remaining on leases in Aylesbury
  • 4 The most common indemnity insurance policies for Aylesbury conveyancing is Restrictive Covenant
  • 5 75% freehold and 25% leasehold conveyancing in Aylesbury for this year to date

Examples of recent conveyancing in Aylesbury since June 2022*

Disposal

of flat Exchange Street HP20 1UR, at purchase consideration of £180,000. Leasehold conveyancing included: drafting the sale agreement and Transfer, taking formal instructions from and updating the seller client, setting up the completion formalities

Purchase

of flat Great Western Street HP20 2PL, at a price of £158,000. Leasehold conveyancing legalities included: drafting the sale agreement and Transfer, preparing statement detailing charges, setting up the completion formalities

Purchase

of flat Cambridge Street HP20 1FN, at a price of £247,950. Leasehold conveyancing work included: sending the transfer to the vendor for signature in preparation for completion, agreeing completion date with parties, setting up the completion formalities

Sale

of apartment Cambridge Street HP20 1FN, at the agreed consideration of £254,950. Leasehold conveyancing included: sending conveyancing papers to buyers representatives, agreeing completion date with parties, preparing statement detailing charges

Recently asked questions about conveyancing in Aylesbury

My mortgage broker requires my Aylesbury lawyer’ panel member for the Santander conveyancing panel. What is the best way to discover this. I have e-mailed my local Aylesbury branch but they cant find it on their system.

You are best placed to get this information from your Aylesbury conveyancer . They keep a central record lender panel numbers.

Will conveyancers ask for money on account for my conveyancing in Aylesbury?

If you are buying a property in Aylesbury your solicitor will ask you place them with funds to cover the search fees. Normally this is asked for to cover the fees of the conveyancing searches. When the down payment is payable against the sale price then this should be asked for shortly ahead of contracts are exchanged. Any further balance that is due should be transferred shortly before completion.

How does conveyancing in Aylesbury differ for new build properties?

Most buyers of new build or newly converted property in Aylesbury come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Aylesbury typically buy the land, 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 Aylesbury or who has acted in the same development.

Due to the input of my in-laws I had a survey completed on a property in Aylesbury in advance of retaining solicitors. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some banks will not give a loan on such a home.

It depends who your proposed lender is. HSBC has different instructions from Birmingham Midshires. If you contact us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Aylesbury. Conveyancing will be smoother if you use a solicitor in Aylesbury especially if they are familiar with such properties in Aylesbury.

I need to appoint a conveyancing solicitor for some conveyancing in Aylesbury. I have land on a web site which looks to be the ideal answer If it is possible to get all the legals completed via email that would be ideal. Should I be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

There are only Fifty years left on my lease in Aylesbury. I am keen to extend my lease but my freeholder is can not be found. What options are available to me?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to track down the landlord. On the whole an enquiry agent may be useful to try and locate and to produce an expert document which can be used as evidence that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer in relation to proving the landlord’s absence and the vesting order request to the County Court covering Aylesbury.

I own a basement flat in Aylesbury, conveyancing was carried out 5 years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in Aylesbury with a long lease are worth £191,000. The ground rent is £55 invoiced every year. The lease ends on 21st October 2075

With just 53 years remaining on your lease we estimate the price of your lease extension to be between £27,600 and £31,800 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.

Last updated

Residential Landlord and Tenant Conveyancing solicitors in Aylesbury

The firms listed below are a non-comprehensive list of solicitors in Aylesbury practicing in landlord and tenant law and on the regulations governing different types of tenancies. This will likely include advice on service charge disputes and the right to manage

  • Parrott & Coales Llp, 14-16 Bourbon Street, Aylesbury, Buckinghamshire, HP20 2RS
  • Horwood & James Llp, 7 Temple Square, Aylesbury, Buckinghamshire, HP20 2QB
  • Justice Law Limited, 1st Floor, Barclays House, Aylesbury, Buckinghamshire, HP19 8DB
  • Stuart Fantham & Company, 12 High Street, Wendover, Aylesbury, Buckinghamshire, HP22 6EA

Commercial Conveyancing solicitors in Aylesbury regulated by the SRA

The firms listed below are a non-comprehensive list of solicitors in Aylesbury practicing in commercial conveyancing in Aylesbury. This will likely include advice on granting a lease to a commercial tenant
  • Parrott & Coales Llp, 14-16 Bourbon Street, Aylesbury, Buckinghamshire, HP20 2RS
  • Paul Lucas Solicitors, 12 Temple Street, Aylesbury, Buckinghamshire, HP20 2RQ
  • Horwood & James Llp, 7 Temple Square, Aylesbury, Buckinghamshire, HP20 2QB
  • Stuart Fantham & Company, 12 High Street, Wendover, Aylesbury, Buckinghamshire, HP22 6EA

What to expect from a Licensed Conveyancer for conveyancing in Aylesbury?

Licensed Conveyancers specialise in the legalities surrounding buying and selling property and cover conveyancing countrywide not just Aylesbury. If appointed a Licensed Conveyancer regulated by the CLC, you are entitled to:
  • Receive an honest and lawful conveyancing.
  • Have a high standard of legal services.
  • Receive your transaction dealt with using care, skill and diligence.
  • Receive a high standard of service due to your lawyer’s arrangements, resources, procedures, skills and commitment.
  • Have a service which is accessible and responsive to your individual needs.
  • Not feel discriminated against, victimised or harassed.
  • Not receive a service which is below the level you could expect, however, if you do your lawyer accepts responsibility for this and provides you with any appropriate redress.
  • Ensure your individual needs taken into account should a complaint be necessary.
  • Receive a speedy, impartial and comprehensive service when if a complaint is made about your conveyancing in Aylesbury.

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.