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Find a Long Buckby Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Long Buckby

As someone not used to conveyancing in Long Buckby what is the number one tip you can impart for the home moving process in Long Buckby

You may not hear this from too many lawyers but conveyancing in Long Buckby and elsewhere in England and Wales is an adversarial process. In other words, when it comes to conveyancing there is plenty of opportunity for confrontation between you and others involved in the home moving process. For instance, the vendor, selling agent and sometimes your lender. Choosing a lawyer for your conveyancing in Long Buckby should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the transaction whose interest is to act in your best interests and to protect you.

There is a worrying creep in the "blame" culture- someone must be at fault for the process being so protracted. You must always trust your conveyancer ahead of the other parties in the home moving process.

I have been told that property searches are a common reason for delay in Long Buckby conveyancing transactions. Is this right?

The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any delay in conveyancing in Long Buckby.

Due to the input of my in-laws I had a survey completed on a house in Long Buckby ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some lenders tend not grant a loan on a flying freehold premises.

It depends who your proposed lender is. Santander has different requirements for example to Nationwide. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Long Buckby. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Long Buckby to see if the conveyancing costs will increase in light of this.

I need to instruct a conveyancing practitioner in Long Buckby for my purchase. Is it possible to check a firm’s record with the legal regulator?

Anyone may search for published Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.

I am employed by a long established estate agent office in Long Buckby where we have witnessed a few flat sales derailed due to short leases. I have been given conflicting advice from local Long Buckby conveyancing solicitors. Can you confirm whether the seller of a flat can commence the lease extension process for the purchaser on completion of the sale?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Long Buckby Conveyancing for Leasehold Flats - Examples of Questions you should consider Prior to Purchasing

    Be sure to enquire if the the lease contains any adverse restrictions in the lease. By way of example it is fairly common in Long Buckby leases that pets are not allowed in in a block in Long Buckby. If you like the propertyin Long Buckby however your dog is not allowed to make the move with you then you have a very difficult choice. Please note that where the lease has less than 80 years it will have adverse implications on the salability of the flat. Check with your lender that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will probably require a lease extension sooner rather than later and it is worth discovering what this will be. For most Long Buckbylease extensions you will be be obliged to have owned the property for a couple of years in order to be entitled to extend the lease. On the whole the outlay for major works tend not to be included within service charges, although some managing agents in Long Buckby ask tenants to pay into a sinking fund and this is used to offset against major works.

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Neighbouring Locations

Lutterworth
Crick
West Haddon
Long Buckby
Daventry
Duston
East Hunsbury
Towcester

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