The Baldock conveyancing firm handling our Baldock conveyancing has discovered an inconsistency between the surveyor’s assumptions in the valuation survey and what is revealed within the conveyancing documents. My lawyer says that he must ensure that the lender is happy with this discrepancy and is content to go ahead. Is my solicitor’s stance appropriate?

Your property lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

At what point can the exchange of contracts happen for sale conveyancing in Baldock and am I required to attend the lawyers office?

Where you are local to our conveyancing solicitors in Baldock you are welcome to attend to sign contracts. That being said, the lender approved solicitors we recommend provide a national conveyancing service and give just as comprehensive and professional a job for you when dealing with you electronically. The signing of the contract is not the point of no return. Signing on the dotted line is just a prerequisite for the solicitor to exchange contracts at the suitable time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Baldock)to be in the office available at the end of the phone to exchange contracts.

How does conveyancing in Baldock differ for newly converted properties?

Most buyers of new build property in Baldock approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Baldock 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 Baldock or who has acted in the same development.

I need to instruct a conveyancing practitioner in Baldock for my purchase. Can I review a firm’s complaints history with the legal regulator?

Members of the public may review published Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's 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 only have 72 years left on my lease in Baldock. I now want to get lease extension but my freeholder is can not be found. What options are available to me?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you have done all that could be expected to find the lessor. In some cases a specialist would be useful to carry out a search and prepare an expert document to be used as proof that the landlord is indeed missing. It is wise to seek advice from a conveyancer both on investigating the landlord’s absence and the vesting order request to the County Court overseeing Baldock.

Baldock Leasehold Conveyancing - Sample of Queries Prior to Purchasing

Its a good idea to discover as much as you can about the managing agents as they can either make living at the property much simpler or uncomfortable. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to every day matters like the upkeep of the common parts. Enquire of other tenants if they are happy with them. In conclusion, be sure you know the dates that you are obliged pay the service charge to the relevant party and precisely what you get for your money. Generally speaking the cost for major works tend not to be incorporated into the service charges, albeit that a few managing agents in Baldock ask leaseholders to contribute towards a sinking fund and this is used to offset against major repairs or maintenance. This question is helpful as a) areas could result in problems in the block as the common areas may start to deteriorate if repairs remain unpaid b) if the leasehold owners have an issue with the managing agents you will want to have all the details