Find a Lender-Approved Local Conveyancer in Potton

Ready to buy a new home? Find a law firm approved by your lender.

Cheap conveyancing in Potton does not necessarily mean low quality - but the odds are stacked against you

Logical reasons to use our service to assist you choose a local conveyancing solicitor in Potton

  • 1 Potton solicitors have a crucial advantage when it comes to Potton conveyancing as they have valuable local knowledge of local authority requirements, planning policies and other matters that can affect your home move
  • 2 Potton lawyers work in conjunction with Potton estate agents, developers, surveyors, banks and other professionals to ensure that a quality service is provided to buyers and sellers every step of the way, helping make the process as straightforward as possible
  • 3 You can rest easier when select the very best, most recommended conveyancing solicitors. Potton has a number to choose from, but for a truly professional and dependable service many local people have been use the recommendation of this site.
  • 4 Firms accustomed to conveyancing in Potton regularly deal withlocal issues specific to Potton and therefore you may benefit from better advice and faster conveyancing.
  • 5 Over the years Potton lawyer have established very good links with Potton local estate agents, banks, building societies, landlords and property developers enabling them to liaise at speed with all concerned in the process of dealing with your house sale or purchase in Potton.

Examples of recent conveyancing in Potton since December 2022*

Recently asked questions about conveyancing in Potton

My wife and I are refinancing our flat in Potton with Leeds Building Society. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the property is repossessed. I have two concerns (1) Is this document specific to the Leeds Building Society conveyancing panel as he never had to sign this form when we purchased 3 years ago (2) Does our son by signing this compromise his rights to inherit the property?

On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Leeds Building Society. This is solely used to protect Leeds Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Leeds Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

My wife and I are close to exchanging contracts on the sale of our house in Potton and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Potton conveyancer would know this is not the case. It does beg the question why the purchasers are using an internet conveyancing outfit rather than a conveyancing solicitor in Potton. Having lived in Potton for six years we know of no issue. Should we get in touch with our local Authority to get confirmation that there is no issue.

It would appear that you have a conveyancing solicitor 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)

Have purchased a a detached house in Potton , how long will it take for the Land Registry to register the transfer to my name? My Potton conveyancing solicitor works at snail pace, so I want to be sure the registration is concluded.

As far as conveyancing in Potton is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can vary according to the party submitting the application, whether there are errors and whether the Land registry communicate with any 3rd parties. Currently approximately 80% of submission are fully addressed within two weeks but some can be subject to extensive delays. Historically registration takes place after the buyer has moved in to the property so post completion formalities is not typically primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers can contact the land registry and explain the circumstances.

I am purchasing my first flat in Potton with a mortgage from Chelsea Building Society. The builders refused to reduce the price so I negotiated 6k of additionals instead. The estate agent suggested that I not disclose to my conveyancer about the deal as it would affect my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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.

Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Potton is where the house is located. Can you shed any light on this issue?

Flying freeholds in Potton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Potton you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Potton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

We expect to complete the disposal of our £325,000 apartment in Potton next week. The freeholder has quoted £384 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Potton?

Potton conveyancing on leasehold apartments usually involves the purchaser’s conveyancer submitting questions for the landlord to address. Although the landlord is under no legal obligation to address such questions most will be willing to do so. They are at liberty to charge a reasonable charge for responding to questions or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee invoiced by the landlord must be accompanied by a summary of rights and obligations in relation to administration fees, otherwise the invoice is not strictly payable. Reality however dictates that one has little choice but to pay whatever is demanded should you wish to sell the property.

I purchased a leasehold flat in Potton, conveyancing having been completed 6 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Potton with over 90 years remaining are worth £186,000. The ground rent is £55 invoiced every year. The lease finishes on 21st October 2076

With only 53 years remaining on your lease we estimate the premium for your lease extension to range between £27,600 and £31,800 as well as costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

Last updated

Residential Landlord and Tenant Conveyancing solicitors in Potton

The firms listed below are a non-comprehensive list of solicitors in Potton practicing in landlord and tenant law and on the regulations governing different types of tenancies. This could include advice on Claims for damages for illegal

  • Motley & Hope, The Manor House, 11 Shortmead Street, Biggleswade, Bedfordshire, SG18 0AT

Commercial Conveyancing solicitors in Potton regulated by the SRA

The list below is a small selection of solicitors in Potton specialising in commercial conveyancing in Potton. This could include advice on granting a lease to a commercial tenant
  • Motley & Hope, The Manor House, 11 Shortmead Street, Biggleswade, Bedfordshire, SG18 0AT
  • Woodwards, 3 High Street, Biggleswade, Bedfordshire, SG18 0JE

Transfer of Equity conveyancing in Potton is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process:

  • Obtaining instructions from parties involved
  • Collating the documents evidencing the title to the property
  • Acting on behalf of the lender (if applicable)
  • Agreeing the terms of the transaction
  • Preparing the Transfer or approving draft Transfer
  • Negotiating adjustments to the the Transfer deed
  • Corresponding with parties concerning the Transfer
  • Agreeing and preparing for completion
  • Receiving and transferring funds to relevant parties
  • Preparing and submitting to HMRC the correct stamp duty forms and payment
  • Dealing with the registration formalities for the buyer and the home loan (if applicable) at the HMLR.

*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.