We just had an offer accepted to purchase with Norwich and Peterborough Building Society. I went into a couple of local firms but am struggling to find a Aston Clinton conveyancing firm on the Norwich and Peterborough Building Society panel. Please you help?
Please do make the most of the find a lender approved solicitor tool on this site. Pick the lender and type Aston Clinton or your preferred area and you will be presented with numerous solicitors based in Aston Clinton or near you.
My wife and I own a 4 bedroom Georgian house in Aston Clinton. Conveyancing lawyer represented me and Chelsea Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching property. Is it worth asking Chelsea Building Society to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Aston Clinton and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing solicitor who conducted the purchase.
How does conveyancing in Aston Clinton differ for newly converted properties?
Most buyers of new build residence in Aston Clinton approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because builders in Aston Clinton typically purchase the land, 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 accustomed to new build conveyancing in Aston Clinton or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in Aston Clinton I like with amenity areas and railway links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in Aston Clinton in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
To what extent are Aston Clinton conveyancing solicitors under an obligation to the Law Society to issue clear conveyancing figures?
Contained within the Solicitors Code of Conduct are prescriptive rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be interpreted as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, constitute the Law Society’s perspective of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Aston Clinton or or elsewhere in the country.