The Sharnbrook conveyancing firm handling our Sharnbrook conveyancing has identified a difference between the information in the valuation survey and what is revealed within the legal papers for the property. My solicitor says that he is duty bound to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action right?

Your conveyancer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

It is 10 years ago since I bought my property in Sharnbrook. Conveyancing solicitors have recently been appointed on the sale but I can't find my title documents. Is this a problem?

You need not be too concerned. Firstly the deeds may be with your mortgage company or they may be in the possession of the lawyers who oversaw your purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring up to date copy of the land registers. Most conveyancing in Sharnbrook involves registered property but in the rare situation where your home is unregistered it is more tricky but is resolvable.

How does conveyancing in Sharnbrook differ for new build properties?

Most buyers of new build property in Sharnbrook contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is completed. This is because new home sellers in Sharnbrook usually purchase the real estate, 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 conveyancers 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 used to new build conveyancing in Sharnbrook or who has acted in the same development.

My step-father has encouraged me to use his conveyancers in Sharnbrook. Should I choose my own conveyancer?

There are no two ways about it it’s preferable to choose a conveyancing lawyer is to have recommendations from friends or relatives who have actually used the solicitor that you are are thinking of instructing.

I am on look out for some leasehold conveyancing in Sharnbrook. Before I set the wheels in motion I would like to find out the unexpired term of the lease.

If the lease is registered - and 99.9% are in Sharnbrook - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in Sharnbrook - A selection of Queries Prior to Purchasing

Who takes charge for maintaining and repairing the building? What is the length of the lease? How much is the ground rent and service charge?