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

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Recently asked questions about conveyancing in Wooburn Green

I purchased a semi-detached Edwardian house in Wooburn Green. Conveyancing solicitor represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?

You should review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Wooburn Green 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 question the situation with your conveyancing solicitor who conducted the work.

How does conveyancing in Wooburn Green differ for new build properties?

Most buyers of new build residence in Wooburn Green contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Wooburn Green tend to acquire 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 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 accustomed to new build conveyancing in Wooburn Green or who has acted in the same development.

I have been on the look out for a ground for flat up to £195,000 and identified one close by in Wooburn Green I like with amenity areas and railway links in the vicinity, however it's only got 51 remaining years left on the lease. I can't really find anything else in Wooburn Green suitable, so just wondered if I would be making a grave error purchasing a short lease?

If you need a mortgage that many years may be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

I am looking into buying my first house which is in Wooburn Green and I am already nervous. I couldn't find anything specific about Wooburn Green. Conveyancing will be needed in due course but do you know about the Wooburn Green area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Wooburn Green. In the meantime here are some basic statistics that we found

Our sealed bid on detached house in Wooburn Green was agreed to, but there is a chain. The vendors have offered on on an apartment, but it’s not been accepted yet, and are looking at other flats in the pipeline. I have chosen a local conveyancing lawyer in Wooburn Green. What do I do now? At what stage should I apply for the mortgage with HSBC?

It is usual to have apprehensions where there is a chain given your reluctance to incur expenses prematurely (mortgage application is in the region of £1k, then survey, Wooburn Green conveyancing search costs, etc). The first course of action is to ensure that your conveyancing practitioner is on the HSBC approved list. Concerning the subsequent stages this very much depends on the circumstances of your case, desire for the property and on the state of the market. During a rising market the majority of purchasers would apply for a home loan with HSBC and arrange for the survey and only if it comes back ok would they pay their lawyer to proceed with searches.

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