We are a couple about to sign contracts for a leasehold flat in Buckden. We have hit a snag. Our loan offer with Godiva Mortgages Ltd runs out on 3/3/2026 but the vendors are insisting on a completion date of 5/3/2026. Is it possible to extend the loan offer?
The person best placed to deal with your concern is your lawyer who should assess if he or she is better off negotiating with the lender, seller’s conveyancers, selling agents or possibly all parties given the history of your house move to date.
Just acquired a detached house in Buckden , how long will it take for the Land Registry to record my ownership? My Buckden conveyancing solicitor has been very slow, so I want to be certain that my name is recorded.
As far as conveyancing in Buckden is concerned, registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timeframes can differ according to the party submitting the application, whether it is in order and whether the Land registry must send notices to any 3rd persons or bodies. As of today in the region of three quarters of submission are completed within 12 days but occasionally there can be protracted hold-ups. Registration is effected once the purchaser is living at the property so 'speed' is not usually primary concern but where it is urgent that the the registration takes place urgently then you or your lawyers can speak with the land registry and explain the circumstances.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Buckden. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Buckden
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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? There must be mutual enforceability of lessee’s covenants.
I have been on the look out for a ground for flat up to £305k and identified one close by in Buckden I like with a park and railway links nearby, however it's only got 49 remaining years left on the lease. There is not much else in Buckden suitable, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage that many years will likely be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
I am looking to sell my property. My former lawyers have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Buckden if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Buckden. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
What advice can you give us when it comes to choosing a Buckden conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for lease extension works (regardless if they are a Buckden conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Buckden conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:
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If they are not ALEP accredited then what is the reason?
Buckden Conveyancing for Leasehold Flats - Sample of Queries before buying
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Generally speaking the cost for major works are not included within service charges, although a few managing agents in Buckden require leasehold owners to contribute towards a sinking fund created for the specific intention of building a fund for major repairs or maintenance. What restrictions are there in the Buckden Lease? Does the lease have in excess of 80 years remaining?