Have just purchased a repossessed house at auction in Buckinghamshire. Conveyancing is necessary. What happens now?
Now that you are exchanged you now have to hire the services of a conveyancing solicitor soon as you are faced with a fast approaching deadline in which to complete the property. An auction property should have a bespoke auction set of papers. This should include most,if not all of the documents that your conveyancer requires. Where you are dealing with leasehold premises the legal pack should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You must hand this to the solicitor instructed by you at the earliest opportunity. Do make sure that that you have the requisite funding organised to complete on the date specified in the contract.
I am buying a property in Buckinghamshire. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Barclays be concerned?
As your lender is Barclays your lawyer must follow the conveyancing instructions outlined in Part 2 of UK Finance Lenders’ Handbook for Barclays. The Council of Mortgage Lenders’ Handbook includes minimum provisions for solar panel roof-space leases, and conveyancers are required to report to Barclays where a lease does not meet these conditions. The requirements relate to the installation of panels on properties in England and Wales and is not isolated to Buckinghamshire.
The formalities of my remortgage has taken place for my property in Buckinghamshire. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Is it necessary to pay for insurance to cover chancel repairs when purchasing a residence in Buckinghamshire?
Unless a previous acquisition of the house completed after 12 October 2013 you can take it that lawyers delivering conveyancing in Buckinghamshire to continue to suggest a chancel search and or chancel repair liability insurance.
My wife and I own a semi-detached Victorian house in Buckinghamshire. Conveyancing lawyer represented me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for 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 Buckinghamshire and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing lawyer who carried out the work.
I'm converting the mortgage on my current home to a BTL mortgage with Yorkshire Building Society and I will use the rest of the raised equity as a deposit on further property. The neighborhood we are looking at is Buckinghamshire. Will your lawyers be able to act for both sets of banks and tie in the transactions?
Make use of our search tool on this site to check that the lawyers are on the relevant lender panels. Having checked that they are the lawyer should be able to simultaneously deal with the two deals but you should talk with you conveyancer and specify your expectations and requirements.
We are hoping to purchase a repossessed flat in Buckinghamshire and the mortgagee in possession would like to complete within a month. Can a lawyer complete in this timeframe? Would it be better to use a local Buckinghamshire firm or an online conveyancer that advertises to offer speedy conveyancing?
Attend your Buckinghamshire high street. Go in to a couple of solicitor’s offices and ask to talk to a conveyancing solicitor for an estimate. Explain your requirements and seek a commitment on time frames. Select the one that comes across as most efficient. Make sure to use a solicitor on the panel of solicitors acceptable to your bank.