Willinstructing a Great Missenden conveyancing lawyer make the ownership transfer smoother?
Great Missenden is a unique place, where regional experience counts for a lot. The relaxed pace of life has an upside – just not when it comes to your house move. The conveyancers that we recommend possess specialist Great Missenden intelligence with a positive, hands-onapproach that helps the conveyancing to progress without delay. It will certainly help if they enjoy well established rapport with mortgage brokers, search providers, valuers and other Great Missenden conveyancing practices
What does my ID and proof of funds have anything to do with my conveyancing in Great Missenden? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Great Missenden. However these days you can not proceed with any conveyancing deal in the absence providing evidence of your identity. This usually takes the form of a either your passport or driving licence and a council tax bill. Remember if you are providing your driving licence as proof of ID it must be both the paper section as well as the photo card part, one is not satisfactory in the absence of the other.
Proof of your origin of money is mandated in accordance with the Money Laundering Regulations. You should not be offended when when this is requested of you as your conveyancer will need to retain this information on record. Your Great Missenden conveyancing lawyer will require evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask additional questions concerning the origin of funds.
I am downsizing from our house in Great Missenden 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 Great Missenden lawyer would know this is not the case. For the life of me I don't know why the purchasers used a factory type conveyancing outfit as opposed to a conveyancing solicitor in Great Missenden. We have lived in Great Missenden for many years we know of no issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should enquire of 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 ailment)
How does conveyancing in Great Missenden differ for new build properties?
Most buyers of new build property in Great Missenden come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Great Missenden usually acquire the real estate, 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 conveyancers 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 used to new build conveyancing in Great Missenden or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a house in Great Missenden before instructing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some banks will refuse to give a loan on this type of house.
It varies from the lender to lender. Santander has different instructions from Nationwide. Should you wish to telephone us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Great Missenden. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Great Missenden to see if the conveyancing costs will increase in light of this.
There are only Fifty years unexpired on my lease in Great Missenden. I now wish to get lease extension but my landlord is missing. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. However, you will be required to prove that you or your lawyers have used your best endeavours to find the lessor. On the whole a specialist may be helpful to carry out a search and prepare a report which can be used as proof that the landlord can not be located. It is advisable to get professional help from a conveyancer both on devolving into the landlord’s absence and the application to the County Court overseeing Great Missenden.
Great Missenden Leasehold Conveyancing - Sample of Questions you should consider before buying
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Who are the managing agents? This question is useful as a) areas can result in problems in the building as the common areas may begin to deteriorate where repairs remain unpaid b) if the leaseholders have an issue with the managing agents you will wish to have full disclosure Please inform me if there are any major works in the planning that could add a premium to the service fees?