Can you suggest a Aldermore approved Leighton Buzzard conveyancing firm who can have us moved in within 10 days? Would it be better to use a local Leighton Buzzard firm or a national comparison site?
We can recommend some very good Leighton Buzzard conveyancing firms. Another option is to visit the high street in Leighton Buzzard. Visit some well established firms and request to see a conveyancing solicitor for a quote. Explain your time frames together with your reasons and ask for a commitment on speed. Select the lawyer that appears most efficient.
I am the registered owner of a freehold property in Leighton Buzzard but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Leighton Buzzard and has limited impact for conveyancing in Leighton Buzzard but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
I had intended to instruct a conveyancing solicitor in Leighton Buzzard for our home move. Our financial adviser informed us that our mortgage lenders Chelsea Building Society won't deal with them. Why is this not regarded as unduly restrictive?
Lenders tend to restrict either the type or the amount of conveyancing firms on their panel. Typical examples of such criteria being that a firm must have two or more partners. As well as restricting the type of firm, a few lenders have reduced the number of firms they use to act for them. Be aware that Chelsea Building Society have no responsibility for the quality of advice provided by any member of Chelsea Building Society Conveyancer Panel. Mortgage fraud was a primary driver in the reduction of conveyancing panels since 2008 even though there are mixed views about the extent of solicitor engagement in some of that fraud. Data from the Land Registry reveal that thousands of law firms, including some in or near Leighton Buzzard only perform very few conveyances a year.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Leighton Buzzard is the location of the property. Can you offer any advice?
Flying freeholds in Leighton Buzzard are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Leighton Buzzard you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leighton Buzzard 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 premises.
Given that I will soon part with £400,000 on a two bedroom apartment in Leighton Buzzard I would like to have a conversation with the solicitor regarding thehouse move before giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your property ownership legalities in Leighton Buzzard.There is no ‘factory style conveyancing’ - each client is an important person, not a matter reference. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Leighton Buzzard should be the figure that you are charged.
My conveyancer in Leighton Buzzard is asking me for proof of ID documents stating that this is part of his legal duty as a solicitor on the mortgage company Solicitor panel. Am I being spun a yarn?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not unique to conveyancing in Leighton Buzzard