Is it realistic for conveyancing in Luton to be concluded inside 10 days?
First, If you are under a tight deadline to complete it is highly recommended that your solicitor is familiar with the area as they will benefit local connections and know-how. It is possible that they may have handled otherproperties in the same street. You would be best advised to use a Luton conveyancing lawyer. In addition, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that nearly one in five of Luton conveyancing deals are suspended or derailed after discovering a buyer’s solicitor was not on their mortgage lender’s member panel. In many cases this discovery resulted in the transaction being delayed by as much as three weeks. It is understood that this issue affects in the region of one hundred thousand home sales every year. Many Luton conveyancing firms can not represent certain lenders so do check at the outset.
Do all mortgage companies provide you with an approved list of Luton conveyancing solicitors? How do you know who is on the Skipton conveyancing panel?
Luton conveyancing firms themselves provide us confirmation that they are on the Skipton conveyancing panel as opposed to being supplied with a list from Skipton directly.
I am selling our property in Luton and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local lawyer would know that there is no such problem. It does beg the question why the purchasers are using a nationwide conveyancing firm as opposed to a conveyancing solicitor in Luton. Having lived in Luton for many years we know that this is a non issue. Do we get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? 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 health insurance to cover that same ailment)
The estate agent has sent us the confirmation of our purchase of a new build flat in Luton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Luton
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Due to the encouragement of my in-laws I had a survey completed on a house in Luton before appointing lawyers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some banks may not issue a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Luton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Luton to see if the conveyancing costs will increase in light of this.
I am looking into buying my first house which is in Luton and I am already nervous. I couldn't find anything specific about Luton. Conveyancing will be needed in due course but do you know about the Luton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Luton. In the meantime here are some basic statistics that we found