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Ready to buy a new home in Littleport? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Littleport conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Littleport

After reviewing moneysavingexpert.com for an online solicitor in Littleport, many comment that I should instruct a CQS accredited lawyer. Can you explain what CQS is?

Littleport Conveyancing Quality Scheme law firms have obtained certification under the Law Society's Scheme (CQS) The Law Society created CQS to establish evidence of quality standards in the in the legal transfer of properties. CQS enables buyers and sellers to recognise solicitor firms that provide a quality residential conveyancing. Littleport is one of the many areas in England and Wales in which CQS are located. The scheme requires solicitors to undergo a strict assessment, compulsory training, self-reporting, random audits and annual reviews in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Building Societies Association.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Littleport. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Littleport

    Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Littleport is the location of the property. Is there any advice you can impart?

Flying freeholds in Littleport are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Littleport you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Littleport may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

What does commercial conveyancing in Littleport cover?

Littleport conveyancing for business premises covers a broad array of advice, given by qualified solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

My husband and I are four weeks into a leasehold purchase having been directed to conveyancers by the local agent to handle our conveyancing in Littleport. I am not happy. Can you you assist me in finding new solicitors?

They would need to be really bad to suggest replacing them. Has the mortgage offer been generated? If so you need to inform them of the new contact details and have the mortgage documents are re-sent. Your solicitor ideally should be on the banks approved list to avoid supplemental fees and complications. So that should be your first question of the new solicitors. Our search tool can assist you in finding a bank approved conveyancer for your conveyancing in Littleport

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Neighbouring Locations

Downham Market

Find out more about how flying freehold can affect your the value of a property.