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Find a Woburn Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Woburn

Having been suggested to visit your organisation we were about to use a conveyancing solicitor in Woburn listed by you but stumbled across some other costs illustrations via the web look less pricey – why is this?

There are a variety of solicitors marketing theoretically looks to be cut price. You should give due consideration about how much you respect your own move to you are willing to take 'cheap' risks over the quality of the conveyancing. Many of them accentuate a cheap quote as a headline but hide additional fees in the small print..

The deeds to my property are lost. The solicitors who conducted the conveyancing in Woburn 5 years ago are no longer around. What are my next steps?

These day there are duplicates made of almost everything, and your conveyancer will be aware precisely where to find all the suitable documentation so you may buy or sell your house without a hitch. If copies are not available, your solicitor may be able to arrange cover in the form of insurance or indemnities protecting you against possible claims on your premises.

Due to the guidance of my in-laws I had a survey completed on a property in Woburn prior to instructing solicitors. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some lenders tend refuse to give a mortgage on this type of house.

It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Woburn. Conveyancing may be slightly more expensive based on your lender's requirements.

How can the Landlord & Tenant Act 1954 impact my commercial property in Woburn and how can your lawyers assist?

The particular law that you refer to gives a safeguard to commercial leaseholders, granting the a statutory right to apply to court for a continuation of occupancy when the lease comes to an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and help with commercial conveyancing in Woburn

What advice can you give us when it comes to finding a Woburn conveyancing firm to deal with our lease extension?

When appointing a solicitor for your lease extension (regardless if they are a Woburn conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Woburn conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:

    If the firm is not ALEP accredited then what is the reason? Can they put you in touch with clients in Woburn who can give a testimonial?

Leasehold Conveyancing in Woburn - Sample of Queries before Purchasing

    How long is the Lease? On the whole the outlay for major works tend not to be included within service charges, although some managing agents in Woburn require leasehold owners to pay into a reserve fund created for the specific intention of building a fund for major repairs or maintenance. You should be aware if it is fewer than 80 years it will have adverse implications on the salability of the property. It is worth checking with your bank that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will most likely require a lease extension sooner rather than later and you need to have some idea of what this will be. Remember, in most cases you will need to own the property for a couple of years in order to be legally able to extend the lease.

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