A relative informed me that in purchasing a property in Buckden there may be a number of restrictions affecting the ability to carry out external alterations to the property. Is this right?
We are aware of anumerous of properties in Buckden which have some sort of restriction or requirement of consent to perform external variations. 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'm the single beneficiary of my late father’s estate with all property in now in my sole name, including the house in Buckden. The Buckden property was put into my name in January. I want to move. I understand that there is a CML 6 month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the property in January. Do I have to wait half a year to sell?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. How sensible a view lenders take of it, depend on the mortgage company as this clause is primarily there to identify subsales or the flipping of property.
I can not fathom if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Buckden bank branch on numerous occasions and was told it wasn't a problem and they would lend. My Buckden conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
The property lawyer must comply with the Council of Mortgage Lenders’ Handbook section two conditions for your bank. 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 remaining.
My partner and I are intent on selling our home in Buckden and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any high street Buckden conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed a factory type conveyancing practice as opposed to a conveyancing solicitor in Buckden. We have lived in Buckden for 5 years we know of no issue. Do we get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing firm already. 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 recentlyfound out that Arc property Solicitors have closed. They conducted my conveyancing in Buckden for a purchase of a leasehold flat 12 months ago. How can I check that my home is in my name in the name of the previous owner?
The easiest 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.
I am buying a new build flat in Buckden. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Buckden
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Is it best to use a Buckden conveyancing solicitor based in the vicinity that I am buying? I have an old university friend who can conduct the legal formalities however his firm is located 300kilometers away.
The primary upside of using a high street Buckden conveyancing firm is that you can pop in to sign documents, hand in your identification documents and pester them if necessary. Having local Buckden know how is a plus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and in the main were happy that should outweigh using an unknown Buckden conveyancing lawyer just because they are based in the area.
What should I expect to pay for conveyancing in Buckden?
Almost all Buckden conveyancing practices will charge a set fee. In the event that further work arise during the transaction your conveyancing practitioner is obliged advise you in writing of any extra costs for such work as soon as it becomes obvious. Some firms will agree not to charge a fee if a transaction does not go ahead, others will charge a fraction of the set fee, calculated based on the stage at which the deal does not proceed.
It may be helpful for you to seek various firms to supply you a quotation.