I was advised yesterday by my IFA that my Great Linford lawyer is not on the lender Conveyancing panel. What can I do to be certain whether this is indeed the case?
You need to contact your Great Linford conveyancer. You lawyer should notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
I have been told that property searches are the primary cause of hinderance in Great Linford conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays during the legal transfer of property. Searches are not likely to feature in any slowing down conveyancing in Great Linford.
Due to the input of my in-laws I had a survey completed on a house in Great Linford in advance of instructing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor has said that some lenders tend refuse to give a mortgage on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Great Linford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Great Linford to see if the conveyancing costs will increase in light of this.
Given that I will soon spend hundreds of thousands of pounds on a garden flat in Great Linford I wish to have a conversation with the conveyancer regarding thehome move in advance of giving the go ahead to the firm. Can this be arranged?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you first talking to the conveyancer who will be conducting your conveyancing in Great Linford.There is no ‘factory style conveyancing’ - every client is an important individual, not a file reference. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Great Linford should be the amount on the final invoice that you end up paying.
If all goes to plan we aim to complete the sale of our £475,000 maisonette in Great Linford in just under a week. The landlords agents has quoted £336 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Great Linford?
For most leasehold sales in Great Linford conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-exchange questions
Where consent is required before sale in Great Linford
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a ground floor flat in Great Linford, conveyancing was carried out May 1997. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Great Linford with over 90 years remaining are worth £202,000. The ground rent is £60 yearly. The lease runs out on 21st October 2082
With just 57 years remaining on your lease the likely cost is going to be between £28,500 and £33,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
I am in the process of purchasing my 1st property in Great Linford. Conveyancing solicitor has been instructed. The broker advised that a survey is not needed as the house was only built 16 yrs ago.
You would be best advised to undertake a Home Buyer's Report. Given the residence was built over a decade ago the property will not benefit from a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report could be sufficient. The report should highlight any apparent problems and recommend additional investigation where relevant. If there are any signs of material issues seek a comprehensive Building Survey from the beginning.