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Recently asked questions about conveyancing in Burwell

My son is purchasing a house that has just been built in Burwell with a mortgage from Kent Reliance. His conveyancer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?

The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Kent Reliance conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Kent Reliance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

Having sold my house in Burwell last November yet the purchaser is whats apping every few hours to say her solicitor is waiting to hear from mysolicitor. What are the post completion sale formalities following completion?

After completion of your house sale your solicitor is obliged to deliver the transfer documentation and all of the paperwork to the purchaser's lawyers. If applicable, your lawyer must also send confirmation that the mortgage has been paid off to the purchasers conveyancers. There are no post completion procedures peculiar conveyancing in Burwell.

I am buying a new build apartment in Burwell. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Burwell

    Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

Over the last few months I have been searching for a leasehold apartment up to £305k and found one round the corner in Burwell I like with open areas and station in the vicinity, however it only has 61 remaining years left on the lease. I can't really find anything else in Burwell suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a home loan the shortness of the lease will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.

Back In 2009, I bought a leasehold flat in Burwell. Conveyancing and Santander mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1997. The conveyancing practitioner in Burwell who acted for me is not around. Any advice?

First contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Burwell conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Burwell Leasehold Conveyancing - Examples of Questions you should ask Prior to Purchasing

    Is the freehold reversion owned jointly by the leaseholders? Does the lease include onerous restrictions? The answer will be helpful as a) areas can result in problems in the block as the common areas may start to deteriorate if repairs are not paid for b) if the leasehold owners have a dispute with the managing agents you will need to know about it

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