We hope to to purchase with Earl Shilton BS. I went into a couple of high street solicitors but cant to find a Milton Keynes conveyancing firm on the Earl Shilton BS panel. Please you assist?
Please do make use of the find a conveyancing panel solicitor tool on this web page. Please choose the lender and type Milton Keynes or your location and you will be presented with numerous solicitors offices in Milton Keynes or by proximity to you.
I am purchasing a end of terrace house in Milton Keynes. We would like to carry out a loft conversion at the property.Will the conveyancing process include investigations to determine if these works are permitted?
Your property lawyer will review the registered title as conveyancing in Milton Keynes can sometimes reveal restrictions in the title documents which prohibit categories of changes or need the permission of a 3rd party. Many extensions call for local authority planning consent and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these things with a surveyor ahead of any purchase.
I am the sole recipient of my late father’s will with all property in now in my sole name, including the my former home in Milton Keynes. Conveyancing formalities meant that the Land Registry date was in March. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship will be treated the same way as if I'd bought the property in March. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. Most lenders would take a sensible view as this obligation principally exists to identify the purchase and immediately sell or the wholesaling and assigning of properties.
I was told four weeks ago that my mortgage has been agreed to by UBS. Is it usual for UBS to only issue the offer once my solicitor in Milton Keynes is approved on their conveyancing panel? UBS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
My wife and I purchased a renovated Georgian property in Milton Keynes. Conveyancing lawyer acted for me and Clydesdale. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching address. Is it worth asking Clydesdale to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Milton Keynes and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with the conveyancing solicitor who conducted the purchase.
How does conveyancing in Milton Keynes differ for new build properties?
Most buyers of new build premises in Milton Keynes approach us having been asked by the seller to exchange contracts and commit to the purchase even before the house is built. This is because new home sellers in Milton Keynes tend to buy 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 conveyancing solicitors 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 Milton Keynes or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Milton Keynes is where the house is located. Can you shed any light on this issue?
Flying freeholds in Milton Keynes are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Milton Keynes you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Milton Keynes may determine 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 property.