The Buckden conveyancing firm that I appointed last week on my purchase in Buckden have suddenly shut down. I only went with them because I needed a firm on the Santander conveyancing panel and my family Buckden lawyer was not. I paid them money on account. What are my options?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
Due to the encouragement of my in-laws I had a survey completed on a property in Buckden in advance of appointing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders may refuse to grant a loan on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Buckden. Conveyancing will be smoother if you use a solicitor in Buckden especially if they are accustomed to such properties in Buckden.
My company is planning to lease a unit on the high street. Can you recommend lawyers offering competitive fees for non-domestic conveyancing in Buckden for less than 1500k?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Buckden, including the disposal and acquisition of businesses as well as simply property. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. Regarding the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your details or telephone us so that we can provide you with comprehensive commercial conveyancing calculation.
We're first time buyers - had an offer accepted, but the agent informed us that the seller will only move forward if we use their chosen conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a local conveyancer used to conveyancing in Buckden
We suspect that the seller is not behind this demand. Should the vendor desire ‘a quick sale', turning down a serious purchaser is not the way to achieve this. Bypass the agents and go straight to the owners and explain that (a)you are motivated buyers (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)but you are going to instruct your preferred Buckden conveyancing firm - rather thanthe ones that will give the negotiator at the agency a commission or meet his conveyancing targets pre-set by corporate headquarters.
Having checked my lease I have discovered that there are only Fifty years unexpired on my lease in Buckden. I now wish to extend my lease but my freeholder is absent. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to track down the landlord. For most situations an enquiry agent would be useful to conduct investigations and to produce a report to be used as evidence that the freeholder is indeed missing. It is wise to seek advice from a conveyancer both on devolving into the landlord’s disappearance and the vesting order request to the County Court overseeing Buckden.
Buckden Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
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Is the freehold owned jointly by the leaseholders? Are any of leasehold owners in dispute over their service charge liability? Plenty Buckden leasehold flats will have a service charge for the upkeep of the block levied by the landlord. Should you purchase the flat you will have to meet this contribution, usually periodically accross the year. This may differ from several hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a rentcharge to be met yearly, normally this is not a large sum, say approximately £25-£75 but you need to check as occasionally it can be surprisingly expensive.
My mother completed her conveyancing in Buckden 7 years past. She has since got married, divorced and in recent months got remarried. She wishes to market the house in a couple of months. I think she will simply be requested to provide a copy of the marriage certificates to the solicitor however she is concerned it will frustrate the house move. Should she appoint a conveyancer to update the Land Registry details for the property?
It is not absolutely necessary to bring up to date the title for the property providing you have the proof needed to show how the change of name occurred.
Any purchaser’s conveyancing practitioner should examine the registered entries and need evidence by way of proof of the change of name for example marriage documentation.