My home in Great Linford is up for sale and I have a buyer. Does the have to be required to be on the conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
We are close to exchanging contracts on the sale of our house in Great Linford 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 buyers instructed a national conveyancing practice as opposed to a conveyancing solicitor in Great Linford. We have lived in Great Linford for 5 years we know of no issue. Do we 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 currently acting for you. Are they able to advise? You need to enquire of 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 ailment)
How does conveyancing in Great Linford differ for newly converted properties?
Most buyers of new build premises in Great Linford approach us having been asked by the seller to sign contracts and commit to the purchase even before the residence is finished. This is because builders in Great Linford tend to buy 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 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 Great Linford or who has acted in the same development.
I decided to have a survey done on a property in Great Linford ahead of instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some lenders tend refuse to issue a loan on such a premises.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Great Linford. Conveyancing will be smoother if you use a solicitor in Great Linford especially if they are acquainted with such properties in Great Linford.
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in Great Linford and how can your lawyers assist?
The 1954 Act provides protection to business lessees, granting the right to make a request to court for a new tenancy and continue in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Great Linford