What happens if my lawyer’s firm is suspended from the Lloyds Conveyancing panel ahead of completing my conveyancing in Buckden?

First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

Do I need to take out insurance to cover chancel repairs when acquiring a property in Buckden?

Unless a prior acquisition of the house took place post 12 October 2013 you could assume that lawyers delivering conveyancing in Buckden to continue to recommend a chancel search and or chancel repair liability insurance.

How does conveyancing in Buckden differ for newly converted properties?

Most buyers of new build residence in Buckden come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because builders in Buckden usually acquire 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 property lawyers 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 Buckden or who has acted in the same development.

What does commercial conveyancing in Buckden cover?

Commercial conveyancing in Buckden covers a wide range of services, supplied by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

Is it true that a Buckden conveyancing solicitor got sued by a client for failing to conduct the appropriate conveyancing investigations?

We are not aware of such a Buckden conveyancing claim but it has been reported that, a couple acquiring a home elsewhere in England successfully sued their solicitor as a consequence of development permission to construct a wind farm failing to be picked up in conveyancing searches.

Where you are buying in Buckden It is essential that your property lawyer carry out all Buckden conveyancing searches necessary to ensure you have relevant and up to date information ahead of acquiring a home in Buckden.