I am in a contract race with another buyer for a property in Limbury. What can I do to expedite matters?

In the event that you are under time constraints to complete we would recommend that your conveyancer is familiar with the area as they will make use of local contacts and know-how. It is possible that they could have handled previoushouses in the same neighbourhood. You would be best advised to use a Limbury conveyancing firm. In addition, double check that the conveyancing firm is on the on the approved list for your mortgage company. It is said that just under twenty per cent of Limbury conveyancing transactions are held up or jeopardised after discovering a purchaser’s solicitor was not on their banks panel. This can often result in the home move being held up by as much as 21 days. It is understood that this issue impacts in the region of one hundred thousand home sales annually. Almost all Limbury conveyancing firms can not represent certain banks so do check as early as possible.

We are planning to buy with Earl Shilton BS. I popped in a couple of local companies but am unable to find a Limbury conveyancing firm on the Earl Shilton BS approved list. Could you assist?

Feel free to take advantage of the search tool on this page. Please choose the mortgage company and type Limbury or your location and you will be presented with numerous solicitors located in Limbury or by proximity to you.

My bid for a property was accepted at auction in Limbury. Conveyancing is needed. What happens now?

Now that you have legally committed yourself to purchase you will need to retain a conveyancing solicitor soon as you now have a fast approaching a fixed date to complete the transaction. Every auction property should have a corresponding legal pack. This will likely include evidence of title and search results. In the case of leasehold premises the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You should hand this to your appointed conveyancing solicitor ASAP. You also need to ensure that your finances are in order to complete the transaction on the set completion date.

When it comes to mortgage companies such as Nottingham, do Limbury conveyancing practitioners have to pay a yearly amount to be on the list of approved solicitors?

We are not aware of any bank fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.

After months of negotiation I have agreed a price on a house in Limbury. My mortgage broker recommended their conveyancers. I paid an upfront payment of £200. A couple of days later, the lawyer contacted me embarrassingly acknowledging that they were not on the Barclays conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Barclays panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

In my capacity as executor for the estate of my aunt I am disposing of a residence in Cardiff but I am based in Limbury. My conveyancer (who is 200 miles awayrequires that I execute a statutory declaration ahead of completion. Could you suggest a conveyancing practitioner in Limbury who can witness and place their company stamp on the document?

Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are Limbury based

I own a leasehold house in Limbury. Conveyancing and Barnsley Building Society mortgage are in place. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Limbury who previously acted has long since retired. Any advice?

The first thing you should do is contact the Land Registry to make sure that this person is indeed the new freeholder. You do not need to instruct a Limbury conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Limbury Conveyancing for Leasehold Flats - A selection of Queries before buying

The prefered form of lease structure is where the freehold title is in the ownership of the leaseholders. In this arrangement the leaseholders enjoy control and notwithstanding that a managing agent is usually retained if the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. What is the maintenance charge and ground rent on the property? Its a good idea to find out as much as you can regarding the managing agents as they will either make your living at the property much easier or uncomfortable. As the proprietor of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to day to day matters like the upkeep of the common parts. Ask other people if they are happy with them. Finally, find out the dates that you are obliged pay the service charge to the appropriate party and precisely what it includes.