Am I correct in assuming that the fact that my conveyancer in Duxford is not listed on my bank's conveyancing panel that there is a problem with the standard of his work?

That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should contact the Duxford conveyancing practice and ask them why they are no longer on the approved list for your bank.

How does conveyancing in Duxford differ for new build properties?

Most buyers of new build property in Duxford contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Duxford typically purchase the land, 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 accustomed to new build conveyancing in Duxford or who has acted in the same development.

My business partner and I are planning to lease a unit on the high street. Can you recommend solicitors offering no-sale-no costs for non-domestic conveyancing in Duxford for below 2k?

We can recommend firms who host a wealth of experience of commercial conveyancing in Duxford, including the sale and purchase of businesses as well as simply property. If you are hoping to acquire or sell a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right lawyer. Regarding the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your contact information or telephone us so that we may provide you with a detailed commercial conveyancing quote.

Am I better off to use a Duxford conveyancing practitioner based in the vicinity that I am purchasing? We have a good friend who can execute the conveyancing but they are based 300kilometers drive away.

The primary upside of using a high street Duxford conveyancing firm is that you can drop in to sign documents, hand in your ID and pester them where appropriate. They will also have local insight which is a bonus. However it's more important to get someone that will do a good and efficient job. If you know people who used your friend and they were happy that should outweigh using an unfamiliar Duxford conveyancing solicitor just because they are local.

I only have 72 years left on my flat in Duxford. I am keen to get lease extension but my freeholder is missing. What should I do?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to prove that you or your lawyers have made all reasonable attempts to find the landlord. For most situations a specialist should be useful to try and locate and to produce a report which can be used as proof that the landlord is indeed missing. It is wise to seek advice from a solicitor in relation to proving the landlord’s absence and the application to the County Court overseeing Duxford.

Duxford Leasehold Conveyancing - Sample of Queries before Purchasing

Can you tell me if there are any major works in the near future that will likely increase the service costs? How much is the ground rent and service charge? It is important to be aware whether a new roof is being installed or some other major work is due shortly to be shared by the leaseholders and could well dramatically increase the the service charges or require a one time invoice.