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Find a Geddington Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Geddington? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Geddington transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Geddington

About to purchase a new build flat in Geddington. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Geddington

    The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Geddington is the location of the property. Can you offer any advice?

Flying freeholds in Geddington are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Geddington you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Geddington may ascertain 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.

I'm converting the mortgage on my primary property to a buy to let loan with Platform Home Loans Ltd and intend to use the remaining equity as a down payment on another property. The area we are interested in is Geddington. Will your lawyers be able to act for the two mortgage companies and tie in the transactions?

Do use our comparison tool on this page to ensure that the solicitors are on the appropriate lender panels. Assuming that they are the lawyer will be able to tie up the two transactions but you should have a chat with you lawyer and make clear your expectations and requirements.

I need to instruct a conveyancing solicitor in Geddington for my house move. Is it possible to check a solicitor's record with the legal regulator?

Members of the public can see published Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The SRA may monitor call for training requirements.

I’m about to sell my 2 bed apartment in Geddington. Conveyancing has not commenced, however I have recently had a quarterly maintenance charge demand – should I leave it to the buyer to sort out?

The sensible thing to do is discharge the maintenance contribution as usual as all rents and service charges should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I purchased a split level flat in Geddington, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Geddington with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease runs out on 21st October 2084

With 60 years remaining on your lease the likely cost is going to span between £20,000 and £23,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.