Do lawyers request money on account for conveyancing in Buckinghamshire?
Where you are retaining lawyers for conveyancing in Buckinghamshire your solicitor will ask you place them with funds to cover the the cost of the conveyancing searches. Generally this is asked for to cover the fees of the Local Authority Search. When the deposit is payable against the sale price then this should be required immediately ahead of contracts are exchanged. Any further balance that is needed should be transferred shortly before completion.
I have been told that property searches are the number one reason for obstruction in Buckinghamshire conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any delay in conveyancing in Buckinghamshire.
I opted to have a survey done on a house in Buckinghamshire before retaining lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders tend not issue a mortgage on such a premises.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Buckinghamshire. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Buckinghamshire to see if the conveyancing will be more expensive.
My husband and I are first time buyers - had an offer accepted, but the selling agent informed us that the seller will only proceed if we appoint their preferred conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer who is familiar with conveyancing in Buckinghamshire
It is highly unlikely the vendors are driving this. If they desire ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Try to communicate with the sellers directly and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you intend to appoint your own,trusted Buckinghamshire conveyancing firm - as opposed tothose that will give the negotiator at the agency a commission or achieve conveyancing thresholds demanded by corporate headquarters.
I happen to be an executor of my recently deceased aunt’s Will, with a property in Buckinghamshire which is to be marketed. The house has never been registered at HMLR and I'm told that many buyers solicitors will insist that it is in place before they will proceed. What's the procedure for this?
In the situation you refer to it seems advisable to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.