I am looking for value for money property lawyer. Should I go for for an online conveyancer or a family Northamptonshire conveyancing solicitor?
Existing third party relationships is an important consideration when choosing conveyancing solicitors. Northamptonshire law firms benefit from connections with financial advisers and estate, local authorities, surveyors and other conveyancing firms meaning you will move in shortest possible time. Hosting vast intelligence of the local area is an advantage.
We are a couple about to sign contracts for a freehold house in Northamptonshire. We encountered a snag. The mortgage offer with The Mortgage Works expires on 23/4/2025 but the vendors are putting forward a completion date of 25/4/2025. Is it possible to prolong the mortgage expiry date?
The person best placed to deal with your issue is your solicitors who will determine if he or she is corresponding with the mortgage company, vendor’s solicitors, property agents or indeed all three taking into account the circumstances your house move to date.
I am considering applying for a Santander mortgage for purchase of a newly converted (under development) in Northamptonshire with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Santander ?
In theory, you could use a solicitor that is not on the Santander conveyancing panel, but Santander would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
How does conveyancing in Northamptonshire differ for newly converted properties?
Most buyers of new build or newly converted property in Northamptonshire come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is finished. This is because developers in Northamptonshire usually buy 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 Northamptonshire or who has acted in the same development.
I am downsizing from my house. My former lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Northamptonshire if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Northamptonshire. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
I work for a busy estate agent office in Northamptonshire where we see a few leasehold sales derailed due to leases having less than 80 years remaining. I have received contradictory information from local Northamptonshire conveyancing firms. Please can you shed some light as to whether the vendor of a flat can commence the lease extension formalities for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Northamptonshire Leasehold Conveyancing - Examples of Questions you should consider before buying
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The answer will be useful as a) areas could cause problems for the block as the communal areas may start to deteriorate where services are not paid for b) if the tenants have an issue with the managing agents you will need to have complete disclosure How much is the yearly maintenance fee and ground rent? Most Northamptonshire leasehold flats will be liable to pay a service bill for maintenance of the building levied on behalf of the landlord. Should you acquire the flat you will have to meet this charge, normally periodically during the year. This could vary from two or three hundred pounds to thousands of pounds for buildings with lifts and large common grounds. There will also be a ground rent to be met yearly, ordinarily this is not a large amount, say about £25-£75 but you need to enquire as sometimes it could be many hundreds of pounds.