My Bucklesham conveyancer has uncovered a discrepancy between the surveyor’s assumptions in the home valuation report and what is in the title deeds. My solicitor says that he needs to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action legitimate?

Your conveyancing practitioner 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 both parties.

Finally the sale completed on my house in Bucklesham last September yet the purchaser is calling me complaining that their lawyer needs to hear from mine. What should have happened now that I have sold?

After completion of your sale your conveyancer is duty bound to send the transfer deeds and all of the paperwork to the purchaser's conveyancer. Depending on the transaction, your lawyer must also confirm that the home loan has been discharged to the buyers solicitors. There are no post completion steps specific conveyancing in Bucklesham.

My partner and I are downsizing from our home in Bucklesham and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed an online conveyancing firm as opposed to a conveyancing solicitor in Bucklesham. We have lived in Bucklesham for many years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get clarification that the buyers are looking for.

It would appear that you have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)

How does conveyancing in Bucklesham differ for new build properties?

Most buyers of new build property in Bucklesham come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Bucklesham typically purchase 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 property lawyers 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 Bucklesham or who has acted in the same development.

I am looking at a couple of apartments in Bucklesham which have approximately forty five years left on the leases. should I be concerned?

A lease is a right to use the property for a period of time. As a lease shortens the value of the lease deteriorates and it becomes more costly to extend the lease. For this reason it is generally wise to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease as mortgage lenders may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a conveyancer and surveyor with experience in this area.

Bucklesham Leasehold Conveyancing - Sample of Queries before Purchasing

Make sure you enquire if there are any onerous restrictions in the lease. For instance some leases prohibit pets being allowed in in a block in Bucklesham. If you love the propertyin Bucklesham however your cat is not allowed to live with you then you will be presented with a difficult choice. For many Bucklesham leaseholds the cost for major works tend not to be built into the maintenance charges, although some managing agents in Bucklesham require leaseholders to pay into a sinking fund created for the specific purpose of establishing a fund for larger repairs or maintenance. The majority of Bucklesham leasehold apartments will be liable to pay a service charge for maintenance of the block invoiced by the freeholder. Where you purchase the property you will have to pay this contribution, usually periodically throughout the year. This can differ from several hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. There will also be a rentcharge to be met yearly, ordinarily this is not a exorbitant figure, say approximately £50-£100 but you need to check it because occasionally it can be prohibitively expensive.