Our mortgage company has recommended a law firm on their panel based in Limbury but I would rather use a conveyancing lawyer in Limbury or nearer to where I live. Can you assist?

It is by no means the case that all Limbury conveyancing practitioners are approved and listed on all banks conveyancing panel. Use the above find an approved solicitor tool to locate a Limbury conveyancing firm on the on the lender panel.

Do I find a Licenced Conveyancer or Solicitor for conveyancing in Limbury?

There are many recorded licenced Conveyancers in Limbury and Solicitor practices in Limbury offering conveyancing It is important to make clear that both are regulated professionals specialising in the legal work in the home buying process. They may both also deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

My lawyer has informed me that absentee landlord insurance is necessary on my purchase. What is the level of cover for Limbury conveyancing?

The appropriate level of absentee landlord indemnity insurance should be dictated by who your lender. It would differ for example between Lloyds TSB Bank and Leeds Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.

is it true that all Limbury solicitor firms on the Virgin Money conveyancing panel are overseen by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Virgin Money conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.

I have been on the look out for a leasehold apartment up to £235,500 and found one close by in Limbury I like with open areas and railway links nearby, however it only has 61 years unexpired on the lease. There is not much else in Limbury suitable, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan that many years may be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.

In what way does the Landlord & Tenant Act 1954 affect my business property in Limbury and how can your lawyers assist?

The particular law that you refer to affords security of tenure to business leaseholders, granting the right to make a request to court for a new tenancy and continue in occupation at the end of an expired lease. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Limbury

Are all Limbury property lawyers on every lender conveyancing panel?

The Lexsure search tool on this page may be of use or you can go into your high street lender branch in Limbury. the probability is that they will know some good conveyancing solicitors in Limbury