I am in a contract race with another buyer for a property in Great Missenden. What can be done to speed up the conveyancing process?
In a situation where the seller is applying pressure to complete it is highly recommended that your conveyancer is familiar with the area as they will make use of local contacts and insight. It is even conceivable that they would have transacted previousproperties in the same street. You would be best advised to use a Great Missenden conveyancing lawyer. Second, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that nearly one in five of Great Missenden conveyancing deals are delayed or jeopardised after discovering a buyer’s conveyancer was not on their mortgage lender’s list of approved solicitors. This can often result in the transaction being delayed by almost 21 days. It is understood that this issue affects in the region of 100,000 home sales annually. Almost all Great Missenden conveyancing firms can not act for certain lenders so do check as early as possible.
My grandfather passed away 10 months ago and as sole heir and executor I was left the property in Great Missenden. The house had a small mortgage remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to UBS, pay off the mortgage. Is this possible?
Where you intend to refinance then UBS will require that you use a conveyancer on the UBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your UBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the UBS mortgage is registered as a charge at the Land Registry.
Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial site in Great Missenden?
Many commercial conveyancing solicitors in Great Missenden will carry out a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Great Missenden. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Great Missenden.
For every commercial conveyancing transaction in Great Missenden it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Great Missenden commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Great Missenden.
I have justfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Great Missenden for a purchase of a leasehold flat 18 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The easiest way 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 Great Missenden conveyancing specialists.
I am looking for a conveyancing lawyer in Great Missenden for my house move. Is there any facility to check a firm’s complaints history with the legal regulator?
You may read published Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The SRA sometimes recorded call for training requirements.
Can you offer any advice when it comes to choosing a Great Missenden conveyancing firm to deal with our lease extension?
If you are instructing a property lawyer for lease extension works (regardless if they are a Great Missenden conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with several firms including non Great Missenden conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
Can they put you in touch with clients in Great Missenden who can give a testimonial?
I own a 1 bedroom flat in Great Missenden, conveyancing was carried out September 2002. How much will my lease extension cost? Similar flats in Great Missenden with a long lease are worth £190,000. The ground rent is £45 per annum. The lease runs out on 21st October 2083
With 62 years unexpired we estimate the price of your lease extension to span between £17,100 and £19,800 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.