Recently contacted my conveyancing solicitor in Chipping Campden who conducted the legals two years ago and wanted a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of similar values with a loan from Leeds Building Society. I am now being charged double. Should I hunt for an alternative firm of conveyancing solicitor?
The estimate fees appear a little high. If you are happy to invest time contrasting charges you could get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, providing that you were content with the service the firm provided you couldlive to regret choosing an a cheaper conveyancer. Don't forget to ensure that the firm can act for Leeds Building Society. Do use our search tool to find a Chipping Campden conveyancing firm on the Leeds Building Society member panel, which can often include conveyancing solicitors in Chipping Campden.
In what way does my ID and proof of funds have anything to do with my conveyancing in Chipping Campden? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Chipping Campden. However these days you will not be able to proceed with any conveyancing transaction in the absence providing evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence as well as a council tax bill. Remember if you are providing your driving licence as evidence of identification it needs to be both the paper section as well as the photo card part, one is not satisfactory in the absence of the other.
Proof of the origin of funds is mandated in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancer must have this information on file. Your Chipping Campden conveyancing solicitor will require evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask additional questions regarding the origin of monies.
About to place an offer on a leasehold flat in Chipping Campden. The estate agents assure me that it is the norm for flats in Chipping Campden to have less than 75 years left on the lease. I am obtaining a loan with Accord Mortgages. Will the property be mortgageable given that the lease has 72 years to go.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 29/3/2025 the requirements read as follows :
The estate agent has sent us the confirmation of our purchase of a new build apartment in Chipping Campden. Conveyancing is a frightening process 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 conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Chipping Campden
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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? Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I was pointed in your direction by three or four local selling agents in Chipping Campden to get a quote from a solicitor using your seach tool. What’s the financial advantage for Estate Agents to offer your lawyers ahead of a competitor’s?
We refuse to offer any financial incentive for directing people to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Can you provide any top tips for leasehold conveyancing in Chipping Campden with the purpose of expediting the sale process?
- Much of the delay in leasehold conveyancing in Chipping Campden can be avoided where you appoint lawyers the minute you market your property and ask them to put together the leasehold documentation which will be required by the purchasers’ representatives. Many landlords or managing agents in Chipping Campden charge for providing management packs for a leasehold property. You or your lawyers should find out the fee that they propose to charge. The management pack can be applied for on or before finding a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Chipping Campden. In the event that you altered the property did you need the Landlord’s permission? In particular have you laid down wooden flooring? Chipping Campden leases often stipulate that internal structural changes or laying down wooden flooring calls for a licence from the Landlord approving such changes. If you fail to have the consents in place you should not communicate with the landlord without checking with your lawyer in advance. Some Chipping Campden leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, you should place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. The bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. If you have had conflict with your freeholder or managing agents it is essential that these are settled before the property is put on the market. The buyers and their solicitors will be reluctant to purchase a property where a dispute is ongoing. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to reveal the dispute as over as opposed to unresolved.
Chipping Campden Conveyancing for Leasehold Flats - A selection of Questions you should ask before buying
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What prohibitions exist in the Chipping Campden Lease? How much is the maintenance charge and ground rent on the property? Be sure to investigate if there are any onerous prohibitions in the lease. By way of example plenty of leases prohibit pets being permitted in in a block in Chipping Campden. If you like the flatin Chipping Campden yet your cat is not allowed to live with you then you will be faced hard choice.