I require conveyancing for an apartment in a fairly new development (seven years built) in Limbury. Almost all the appartments have already been sold. Do I need carry out the neighbourhood searches as part of conveyancing in Limbury?
Conveyancing Searches are a critical link in the Limbury conveyancing process. There are a large number of search providers delivering Limbury conveyancing searches, as well direct from the local authority. These are generally termed personal search providers and they produce, not surprisingly, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their data from the local authoritative source.
I have 70 years unexpired on my lease and need a lease extension for my apartment in Limbury. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 30/5/2025 the requirements read as follows :
I need some fast conveyancing in Limbury as I am under pressure to exchange contracts within one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
As you are not getting a mortgage you are at free not to have searches carried out although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Limbury the following are examples of what can be revealed and therefore impact future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Railway Schemes,...
How does conveyancing in Limbury differ for newly converted properties?
Most buyers of new build property in Limbury contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because new home sellers in Limbury tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Limbury or who has acted in the same development.
As co-executor for the will of my grandfather I am selling a property in Neath but I am based in Limbury. My solicitor (based 250 miles from meneeds me to execute a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Limbury who can witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are Limbury based
Can you provide any advice for leasehold conveyancing in Limbury with the purpose of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Limbury can be bypassed where you instruct lawyers the minute your agents start advertising the property and ask them to collate the leasehold information needed by the purchasers’ solicitors. In the event that you altered the property did you need the Landlord’s permission? In particular have you laid down wooden flooring? Most leases in Limbury state that internal structural changes or addition of wooden flooring calls for a licence from the Landlord approving such changes. Should you fail to have the consents to hand you should not communicate with the landlord without contacting your conveyancer in the first instance. If you have had any disputes with your freeholder or managing agents it is essential that these are resolved before the property is put on the market. The buyers and their solicitors will be nervous about purchasing a property where there is a current dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to present the dispute as over rather than ongoing. A minority of Limbury leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the yearly 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 service charge figures so that they can pass this information on to the buyers or their lawyers.
Limbury Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
-
The best form of lease arrangement is a share of the freehold. In this situation the tenants benefit from being in charge if their destiny and even though a managing agent is often employed where it is bigger than a house conversion, the managing agent employed by the leaseholders. Many Limbury leasehold properties will be liable to pay a service bill for the upkeep of the building levied on behalf of the freeholder. Where you buy the property you will have to meet this liability, normally periodically during the year. This may be anything from a couple of hundred pounds to thousands of pounds for buildings with lifts and large communal areas. In all probability there will be a rentcharge for you to pay yearly, this is usually not a large sum, say around £25-£75 but you need to check it because occasionally it can be many hundreds of pounds. For many Limbury leaseholds the outlay for major works tend not to be built into the maintenance charges, although there some managing agents in Limbury require leasehold owners to contribute towards a reserve fund and this is used to offset against major repairs or maintenance.