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Find a Aston on Trent Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Aston on Trent

I am aiming to move house in May. Should my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you suggest a removal company in Aston on Trent. Conveyancing solicitor was organised prior to coming across your website.

On the day of completion you can collect the keys from the estate agent however this can only be done when the vendors lawyers confirm to the agent that the monies to complete are in and the keys can be released. After that you will need to advise the removal company that they can start moving you in. As a matter of policy we do not suggest a specific removal organisation but can help you locate a residential property solicitor in Aston on Trent or a lawyer that specialises in conveyancing in Aston on Trent.

Two weeks ago we had a mortgage agreed in principle with RBS. Aston on Trent conveyancing practitioners have been chosen. How long does it take for RBS to send the offer to the lawyer?

Some lenders take longer than others. Have RBS conducted the valuation? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

Aldermore have agreed my mortgage in principle, my offer on a flat in Aston on Trent has been accepted, now what?

Your property agent will wish to know who your solicitors are (make sure the conveyancing practitioners are on the lender’s panel). Contact Aldermore or your broker and finish off any outstanding documentation. Aldermore will instruct a valuer who will get in contact with the estate agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes on average ten days to receive the mortgage offer. Aldermore will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Aston on Trent.

My wife and I own a renovated Edwardian house in Aston on Trent. Conveyancing practitioner represented me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?

You need to assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Aston on Trent and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing lawyer who completed the work.

I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Aston on Trent is the location of the property. Can you offer any guidance?

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

Hoping to buy a property located in Aston on Trent and I am already nervous. I couldn't find anything specific about Aston on Trent. Conveyancing will be needed in due course but do you know about the Aston on Trent area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Aston on Trent. In the meantime here are some basic statistics that we found

I work for a reputable estate agency in Aston on Trent where we see a few flat sales derailed as a result of leases having less than 80 years remaining. I have received contradictory information from local Aston on Trent conveyancing solicitors. Please can you shed some light as to whether the vendor of a flat can initiate the lease extension process 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 commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 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 simultaneously with 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.

Leasehold Conveyancing in Aston on Trent - Sample of Questions you should consider before Purchasing

    Does this lease have in excess of 90 years unexpired? You should want to find out as much as you can concerning the managing agents as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you are frequently in the clutches of the managing agents from a financial perspective and when it comes to day to day matters such as the upkeep of the communal areas. Don't be shy to ask prospective neighbours what they think of them. On a final note, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and precisely what you get for your money. Generally speaking the outlay for major works are not included within maintenance charges, albeit that some managing agents in Aston on Trent require tenants to pay into a reserve fund created for the specific intention of establishing a fund for major repairs or maintenance.

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