What happens if my lawyer’s firm is removed from the Nottingham Solicitor panel ahead of completing my conveyancing in Ampthill?

The first thing to point out is that, this is a very rare occurrence. 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.

I decided to have a survey carried out on a house in Ampthill prior to appointing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some lenders will not issue a loan on a flying freehold home.

It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you e-mail us we can check via 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 Ampthill. Conveyancing will be smoother if you use a solicitor in Ampthill especially if they are accustomed to such properties in Ampthill.

What does commercial conveyancing in Ampthill cover?

Non domestic conveyancing in Ampthill covers a broad array of guidance, provided by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, 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 loans and the termination of leases.

My husband and I are 3 weeks into a freehold purchase having been referred to conveyancers by the high street agent to handle our conveyancing in Ampthill. I am am starting to be dissatisfied with the level of service. Can you help me find new conveyancers?

They would have to be very bad to suggest diss instructing them. Has the mortgage offer been issued? If so you need to inform them of the new conveyancer and have the offer are re-issued. Your conveyancer needs to be on the banks approved list to avoid supplemental expenses and complications. That should be your first question of the new conveyancers. The find a solicitor tool will assist you in finding a bank approved solicitor for your conveyancing in Ampthill

Completion is due on the disposal of our £400,000 apartment in Ampthill in 5 days. The management company has quoted £384 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Ampthill?

For most leasehold sales in Ampthill conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

Addressing conveyancing due diligence enquiries Where consent is required before sale in Ampthill Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Ampthill leasehold property is £350. For Ampthill conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply answers.

Ampthill Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

Is the freehold reversion owned jointly by the tenants? Can you tell me if there are any major works in the planning that could increase the maintenance fees? Its a good idea to find out as much as you can concerning the company managing the block as they will affect your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to day to day issues like the upkeep of the communal areas. Don't be afraid to ask prospective neighbours whether they are happy with them. On a final note, investigate as to the dates that the maintenance fees are due to the managing agents and precisely what you get for your money.