Find a Lender-Approved Local Conveyancer in Leighton Buzzard

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Leighton Buzzard Conveyancing Statistics*

  • 1 Percentage of cases in Leighton Buzzard that are buy to let is 5%
  • 2 Average Land Registry Fee for this year to date was £270
  • 3 The most common indemnity insurance policies for Leighton Buzzard conveyancing is Restrictive Covenant
  • 4 Average Stamp Duty Payable for this year to date was £6,914
  • 5 108 is the median number of years remaining on leases in Leighton Buzzard

Examples of recent conveyancing in Leighton Buzzard since July 2021*

Disposal

of house property, Pennivale Close, LU7 3ES completing on 19/08/2021 at a price of £280,000. The legal transfer of property incorporates some of the following tasks: drafting the sale agreement and Transfer, sending the transfer to the vendor for execution in preparation for completion, setting up the completion formalities

Disposal

of terraced premises, George Street, LU7 3JX completing on 20/08/2021 at a price of £260,000. The legal transfer of property included amongst the various tasks: sending conveyancing papers to buyers representatives, sending the transfer to the vendor for signature in readiness for completion, sending title deeds and signed transfer to purchaser’s solicitor

Disposal

of terraced premises, Duncombe Drive, LU7 1SB completing on 28/07/2021 at a price of £231,500. The conveyancing process included amongst the various tasks: sending conveyancing papers to buyers representatives, sending the transfer to the seller for execution in preparation for completion, taking formal instructions from and updating the seller client

Disposal

of terraced premises, Hornbeam Close, LU7 3FE completing on 09/08/2021 at a price of £238,000. The conveyancing process incorporates some of the following tasks: sending the transfer to the seller for signature in preparation for completion, preparing statement detailing charges, sending title deeds and executed transfer to purchaser’s conveyancer

Recently asked questions about conveyancing in Leighton Buzzard

I am under pressure from the executor of a property in Leighton Buzzard to sign contracts within four weeks. What can I do to expedite matters?

Where the seller is applying time constraints for your conveyancing we would recommend that your conveyancer is familiar with the location as they will make use of local relationships and know-how. It is possible that they could have conducted otherhouses in the same neighbourhood. You would be best advised to use a Leighton Buzzard conveyancing lawyer. Second, check that the conveyancing firm is on the lender panel. It is said that just under twenty per cent of Leighton Buzzard conveyancing deals are held up or derailed after discovering a buyer’s conveyancer was not on their mortgage lender’s member panel. In many cases this discovery resulted in the legal process being delayed by almost 21 days. It is understood that this issue impacts in the region of one hundred thousand home sales every year. Most Leighton Buzzard conveyancing firms can not act for certain lenders so do check at the outset.

Why is leasehold purchase conveyancing in Leighton Buzzard is more expensive?

In short, leasehold conveyancing in Leighton Buzzard and elsewhere usually requires more due diligence compared to freehold transactions. This includes reviewing the lease, liaising with the landlord concerning serving appropriate notices, procuring up-to-date service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Leighton Buzzard?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Leighton Buzzard. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am purchasing my first flat in Leighton Buzzard benefiting from help to buy. The sellers refused to budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not reveal to my lawyer about the extras as it would put at risk my mortgage with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

My step-father has encouraged me to appoint his conveyancing solicitors in Leighton Buzzard. Should I choose my own property lawyer?

Much as we are happy to recommend a Leighton Buzzard conveyancing lawyer the best way to find a conveyancing lawyer is to get feedback from friends or family who have actually used the firm that you are contemplating using.

At last I have had an offer on an flat in Leighton Buzzard accepted, but there is a chain. The vendors have put an offer on on an apartment, although it’s not been accepted yet, and has viewings of other flats in the pipeline. I have instructed a nearby conveyancing solicitor in Leighton Buzzard. What should be my next step? At what stage should I apply for the mortgage with Lloyds?

It is usual to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of one thousand pounds, then survey, Leighton Buzzard conveyancing search costs, etc). The first thing to do is check that your lawyer is on the Lloyds approved list. As to the next stages this very much dictated by the circumstances of your case, desire for the property and on the state of the market. During a buoyant market some buyers would apply for a home loan with Lloyds and pay for the survey and only if it was satisfactory would they request their lawyer to move forward with searches.

Last updated

Residential Landlord and Tenant Conveyancing solicitors in Leighton Buzzard

The list below is a non-comprehensive list of solicitors in Leighton Buzzard specialising in landlord and tenant law and on the regulations governing different types of tenancies. This should include advice on Terms and conditions of tenancy agreements

  • Austin & Carnley, Albion Chambers, High Street, Leighton Buzzard, Bedfordshire, LU7 1DP
  • Gc&a Limited, Bridge House, Bridge Street, Leighton Buzzard, Bedfordshire, LU7 1EB
  • Ray Nixon Brown, 4-6 Church Square, Leighton Buzzard, Bedfordshire, LU7 1AE
  • Franklins Law, Church House, 11 Church Square, Leighton Buzzard, Bedfordshire, LU7 1AE
  • Beesons, 196 Queensway, Bletchley, Milton Keynes, Buckinghamshire, MK2 2ST

Commercial Conveyancing solicitors in Leighton Buzzard regulated by the SRA

The list below is a non-comprehensive list of solicitors in Leighton Buzzard practicing in commercial conveyancing in Leighton Buzzard. This should include advice on re-mortgaging commercial property
  • Osborne Morris & Morgan, Danbury House, West Street, Leighton Buzzard, Bedfordshire, LU7 1EP
  • Austin & Carnley, Albion Chambers, High Street, Leighton Buzzard, Bedfordshire, LU7 1DP
  • Gc&a Limited, Bridge House, Bridge Street, Leighton Buzzard, Bedfordshire, LU7 1EB
  • Ray Nixon Brown, 4-6 Church Square, Leighton Buzzard, Bedfordshire, LU7 1AE
  • Franklins Law, Church House, 11 Church Square, Leighton Buzzard, Bedfordshire, LU7 1AE

Residential conveyancing in Leighton Buzzard ordinarily entails the following:

  • Obtaining instructions from parties involved
  • Investigating the title to the property
  • Drafting contract and related documents
  • Submitting draft papers to the lawyer representing the purchaser
  • Finalising the wording for contracts and replying to supplemental questions from the buyer’s lawyer
  • Agreeing the transfer deed
  • Replying to requisitions submitted by the buyer’s lawyer
  • Proceeding to exchange of contracts and then completion formalities
  • Accepting the sale proceeds and sending funds to the owner, the estate agent and other relevant parties (if relevant)

Neighboring Locations

Fenny Stratford
Linslade
Leighton Buzzard
Eaton Bray

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.