We are planning to acquire a flat and need a conveyancing solicitor in Milton Keynes who is on the Aldermore conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Milton Keynes.
Me and my brother have a terraced Victorian house in Milton Keynes. Conveyancing practitioner represented me and Skipton Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Milton Keynes and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing solicitor who conducted the purchase.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Milton Keynes is where the house is located. Can you offer any advice?
Flying freeholds in Milton Keynes are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Milton Keynes you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Milton Keynes may decide 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.
Should I be suspicious by brokers that I am dealing with are encouraging me to use an internet conveyancing firm rather than a local Milton Keynes conveyancing company?
As with lots of service providers, often input from relatives can be worth their weight in gold. Nevertheless there are numerous people with a vested interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies might all recommend lawyers to retain. On occasion these lawyers might be known to one of the organisations as being good in their field, but sometimes there is an underlying commercial relationship behind the endorsement. You are free to appoint your own lawyer. Don't forget that many banks specify a panel list of solicitors you must use for the lender aspect of your conveyancing.
Are there common defects that you witness in leases for Milton Keynes properties?
There is nothing unique about leasehold conveyancing in Milton Keynes. Most leases are drafted differently and drafting errors can result in certain sections are wrong. The following missing provisions could result in a defective lease:
Repairing obligations to or maintain elements of the property
A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Chelsea Building Society, and Clydesdale all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to provide security, forcing the purchaser to pull out.
Leasehold Conveyancing in Milton Keynes - Sample of Queries Prior to Purchasing
Who are the managing agents? It is important to be aware if fixing the lift or some other significant cost is due in the foreseeable future that will be shared amongst the leasehold owners and will materially impact the level of the maintenance fees or require a specific invoice.