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

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Recently asked questions about conveyancing in Buckingham

I am purchasing a house and the lawyer has raised the issue of Chancel Repair for which the house could be obligated to pay given it’s proximity to the area of such a church. He has suggested insurance. Is this really required for conveyancing in Buckingham

Unless a prior purchase of the property completed after 12 October 2013 you may assume that conveyancing practitioners conducting conveyancing in Buckingham to remain recommending a chancel search and or chancel repair liability policy.

How does conveyancing in Buckingham differ for new build properties?

Most buyers of new build residence in Buckingham come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is constructed. This is because new home sellers in Buckingham typically purchase the real estate, 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 Buckingham or who has acted in the same development.

I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Buckingham is the location of the property. Is there any guidance you can give?

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

I am a sole trader hoping to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering fixed charges for commercial conveyancing in Buckingham for under £2000?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Buckingham, including the sale and acquisition of businesses as well as simply property. If you are looking to buy or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. Regarding the fees this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or telephone so as to enable us to supply you with comprehensive commercial conveyancing quote.

Finally our conveyancing in Buckingham is set to complete on Friday, yet the vendors I am buying from wants to vacate on the Saturday at 2pm. Should I agree to such a idea?

Where you need a mortgage then your conveyancing practitioner will require that you have vacant possession on Friday - the bank will require it.

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Neighbouring Locations

Brackley
Towcester
Stony Stratford
Deanshanger
Roade
Buckingham
Bicester
Winslow

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