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Milton Keynes Conveyancing Statistics*

  • 1 Percentage of cases in Milton Keynes that are buy to let is 15%
  • 2 Average time frame of 49 days for registration of title in Milton Keynes
  • 3 75% freehold and 25% leasehold conveyancing in Milton Keynes for this year to date
  • 4 Average Land Registry Fee for this year to date was £270
  • 5 Median Service Charge Retention of £250.00

Examples of recent conveyancing in Milton Keynes since November 2023*

Acquisition

of apartment Germander Place MK14 7DP, sold for £168,000. Leasehold conveyancing investigations included: sending the transfer to the seller for signature in preparation for completion, taking formal instructions from and updating the seller client, preparing statement detailing charges

Transfer

of semi-detached premises, Worth Court, MK10 9LU completing on 22/11/2023 at a price of £290,000. The legal transfer of property incorporates some of the following tasks: drafting the sale agreement and Transfer, sending the transfer to the vendor for signature in preparation for completion, preparing statement detailing charges

Transfer

of house property, Little Linford Lane, MK16 8DG completing on 20/11/2023 at a price of £710,000. The conveyancing process included amongst the various tasks: sending conveyancing papers to buyers representatives, dealing with appropriate requisitions and enquiries, preparing statement detailing charges

Recently asked questions about conveyancing in Milton Keynes

At long last a loan agreement from Santander for the remortgage of my 4 room maisonette is due within the next few days. Are you able to propose a low cost conveyancing lawyer in Milton Keynes?

You have come to the wrong site to search for cut-price fees for conveyancing solicitors in Milton Keynes. Our goal is to offer cost effective conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint brokers teasing you with £100 conveyancing in Milton Keynes. Optimistically, in being led by low cost conveyancing, you will end up with what you pay for and at worst it will result in you invoiced for additional fees and still not end up with the service you were looking for.

IfI were to purchase a simple residential housein Milton Keynes for cash and dispense with a survey and no local authority searches how much would I expect to have to pay for conveyancing in Milton Keynes?

The sole saving you would achieve is the Milton Keynes conveyancing searches. The lawyer is obliged to do the vast majority of work - money laundering, correspond with the vendors solicitor, stamp duty return, register the property etc. You might save a bit for them not needing to register a mortgage but it won't be meaningful.

Having sold my house in Milton Keynes last April yet the purchaser is texting me to moan that his solicitor needs to hear from mine. What are the post completion sale formalities following completion?

After completion of your disposal your conveyancer should deliver the transfer documentation and all supplemental paperwork to the purchaser's lawyers. If applicable, your solicitor must also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers solicitors. There is unlikely to be post completion formalities unique to conveyancing in Milton Keynes.

I have todayfound out that Stirling Law have been shut down. They conducted my conveyancing in Milton Keynes for a purchase of a leasehold apartment 10 months ago. How can I establish that the property is in my name in the name of the former proprietor?

The quickest way to check if the premises is in your name, you can make 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 Milton Keynes conveyancing specialists.

Last August I purchased a leasehold property in Milton Keynes. Do I have any liability for service charges for periods before my ownership?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Milton Keynes - Sample of Queries Prior to Purchasing

    Is the freehold reversion owned collectively by the tenants? Who manages the block? What is the the remaining lease term?

When it comes to my conveyancing in Milton Keynes should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee

(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Milton Keynes conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancing practitioner's time in submitting the funds this way.

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Residential Landlord and Tenant Conveyancing solicitors in Milton Keynes

The list below is a non-comprehensive list of solicitors in Milton Keynes with expertise in landlord and tenant law and on the regulations governing different types of tenancies. This could include advice on service charge disputes and the right to manage

  • Dass Legal Solutions (mk) Law Ltd, Norfolk House East, 499 Silbury Boulevard, Milton Keynes, Buckinghamshire, MK9 2AH
  • Heald Solicitors Llp, Ashton House, 471 Silbury Boulevard, Milton Keynes, Buckinghamshire, MK9 2AH
  • Shoosmiths Llp, Witan Gate House, 500-600 Witan Gate West, Milton Keynes, Buckinghamshire, MK9 1SH
  • Emw Law Llp, Seebeck House, 1 Seebeck Place, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8FR
  • Altion Law Limited, First Floor, 9 Shirwell Crescent, Furzton, Milton Keynes, Buckinghamshire, MK4 1GA

Commercial Conveyancing solicitors in Milton Keynes regulated by the SRA

The firms listed below are a small selection of solicitors in Milton Keynes with expertise in commercial conveyancing in Milton Keynes. This should include advice on re-mortgaging commercial property
  • Dass Legal Solutions (mk) Law Ltd, Norfolk House East, 499 Silbury Boulevard, Milton Keynes, Buckinghamshire, MK9 2AH
  • Heald Solicitors Llp, Ashton House, 471 Silbury Boulevard, Milton Keynes, Buckinghamshire, MK9 2AH
  • Shoosmiths Llp, Witan Gate House, 500-600 Witan Gate West, Milton Keynes, Buckinghamshire, MK9 1SH
  • Geoffrey Leaver Solicitors Llp, 251 Upper Third Street, Milton Keynes, Buckinghamshire, MK9 1DR
  • Emw Law Llp, Seebeck House, 1 Seebeck Place, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8FR

Planning law solicitors in Milton Keynes regulated by the Solicitors Regulation Authority

The firms listed below are a small selection of solicitors in Milton Keynes specialising in planning law. This may include advice on compulsory purchases in Milton Keynes
  • Shoosmiths Llp, Witan Gate House, 500-600 Witan Gate West, Milton Keynes, Buckinghamshire, MK9 1SH
  • Emw Law Llp, Seebeck House, 1 Seebeck Place, Knowlhill, Milton Keynes, Buckinghamshire, MK5 8FR

*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.