Would the conveyancing solicitors identified via your search tool carry out auction conveyancing in Buckden?
There are a few auction lawyers we can connect you with those conducting auction conveyancing. Buckden is one of hundreds of areas of in which our lawyers have a presence.
I know that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a house in Buckden? or I am told that there is a law dating back centuries that means some homeowners residing in a parish church boundary will be compelled to pay for repairs towards the chancel within the church. Is this applicable for conveyancing in Buckden?
Unless a previous acquisition of the property took place after 12 October 2013 you may take it that solicitors delivering conveyancing in Buckden to continue to suggest a chancel search and or chancel repair liability policy.
It has been 4 months following my purchase conveyancing in Buckden took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Buckden differ for newly converted properties?
Most buyers of new build residence in Buckden come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is built. This is because builders in Buckden typically acquire 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 property lawyers 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 accustomed to new build conveyancing in Buckden or who has acted in the same development.
Back In 2004, I bought a leasehold flat in Buckden. Conveyancing and Halifax mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Buckden who previously acted has now retired. Do I pay?
First contact the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Buckden conveyancing firm to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Buckden - Examples of Questions you should consider before buying
Can you tell me if there are any major works anticipated that will add a premium to the service costs? This question is important as a) areas can result in problems for the building as the common areas may start to deteriorate where maintenance are not paid for b) if the tenants have a dispute with the managing agents you will want to know about it Who manages the building?
My nephew is just in the process of moving house, the home loan was agreed last week in principle. One the seller agreed the offer on the flat we called the mortgage institution to move forward with his. I was disappointed to hear that mortgage lenders do not accept all conveyancing practitioner, they must be on their panel, is this correct?
Lenders normally restrict either the type or the number of conveyancing solicitors on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Buckden property lawyer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Presumably not.