My father advised me that in buying a property in Buckden there could be various restrictions prohibiting external changes to a property. Is this right?
There are a number of properties in Buckden which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Buckden should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I happen to be the only beneficiary of my late father’s estate and I have everything in my name alone, including the my former home in Buckden. The Buckden property was put into my name in January. I plan to dispose of the house. I understand that there is a CML 6 month 'rule', which means that my property ownership may be treated the same way as though I had purchased the house in January. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this provision chiefly exists to identify subsales or the flipping of properties.
I can not work out if my mortgage offer requires a lease extension. I have called into my local Buckden building society branch on numerous occasions and was told it does not affect the mortgage offer and they will lend. My Buckden conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The lawyer must follow the CML Handbook section two provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
My partner and I are close to exchanging contracts on the sale of our property in Buckden and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Buckden lawyer would know this is not the case. It does beg the question why the buyers are using a national conveyancing practice rather than a conveyancing solicitor in Buckden. We have lived in Buckden for three years we know of no issue. Do we get in touch with our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You need to 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 life insurance to cover that same illness)
I have todayfound out that Action Conveyancing have closed. They conducted my conveyancing in Buckden for a purchase of a leasehold apartment 9 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The quickest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Buckden conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Buckden. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Buckden
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Should I appoint a Buckden conveyancing practitioner who is local to the property I am purchasing? I have an old university friend who can conduct the conveyancing however his firm is located 200miles away.
The primary upside of using a high street Buckden conveyancing firm is that you can attend the office to execute paperwork, deliver your identification documents and pester them where appropriate. Having local Buckden know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and in the main were happy that should trump using an unfamiliar Buckden conveyancing lawyer solely due to them being Buckden based.
What could I expect to pay for conveyancing in Buckden?
The total sum levied for Buckden conveyancing fees can differ significantly from company to company. Given these variations it is particularly important that you have a full breakdown of charges before you choose a conveyancer. One should always seek a few fee estimate.