I can't travel far from Newport Pagnell. Please explain the reason why all Newport Pagnell lawyers are not on all bank panels?

Lenders highlight the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The elimination of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. This resulted in lenders purging less reputable firms off their panel of approved solicitors .

We were just about to exchange contracts for a leasehold flat in Newport Pagnell. We have hit a problem. Our loan offer with The Mortgage Works runs out on 12/12/2025 but the owners are suggesting a completion date of 16/12/2025. Is it possible to prolong the loan expiry date?

The best person to deal with your concern is your conveyancer who is in a position to assess whether he or she is corresponding with the mortgage company, vendor’s lawyers, selling agents or conceivably all three taking into account what has happend in your house move as of today.

I note that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when buying a property in Newport Pagnell? or I am told that there is a law dating back centuries that could mean that homeowners residing in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in Newport Pagnell?

Unless a previous acquisition of the premises completed post 12 October 2013 you could expect lawyers delivering conveyancing in Newport Pagnell to continue to recommend a chancel search and or chancel repair liability policy.

My brother has recommend that I instruct his conveyancing solicitors in Newport Pagnell. Do I take his advice?

There are no two ways about it it’s preferable to find a conveyancing practitioner is to seek guidance from friends or relatives who have actually previously instructed the conveyancer that you are are thinking of instructing.

There are only 68 years remaining on my flat in Newport Pagnell. I now wish to extend my lease but my freeholder is can not be found. What should I do?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. You will be obliged to prove that you or your lawyers have made all reasonable attempts to find the lessor. On the whole a specialist would be helpful to conduct investigations and to produce a report to be used as proof that the freeholder can not be located. It is wise to seek advice from a property lawyer in relation to devolving into the landlord’s disappearance and the application to the County Court overseeing Newport Pagnell.

Newport Pagnell Leasehold Conveyancing - A selection of Queries before buying

What is the the remaining lease term? Plenty Newport Pagnell leasehold properties will incur a service charge for the upkeep of the building levied by the management company. Should you buy the property you will have to pay this contribution, usually in instalments during the year. This could be anything from a few hundred pounds to thousands of pounds for blocks with lifts and large common areas. There will also be a ground rent for you to pay annual, this is usually not a large sum, say approximately £50-£100 but you need to enquire as on occasion it can be prohibitively expensive.