I am under pressure from the mortgagee in possession of a property in Buckingham to complete within four weeks. What can I do to expedite matters?

First, If you are under a tight deadline to exchange we would recommend that your conveyancer is familiar with the area as they will benefit local connections and intelligence. It is even conceivable that they could have transacted otherproperties in the same neighbourhood. You would be best advised to use a Buckingham conveyancing solicitor. In addition, be sure that the lawyer is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Buckingham conveyancing transactions are delayed or derailed after discovering a purchaser’s solicitor was not on their banks member panel. In many cases this discovery resulted in the home move being delayed by an average of 21 days. It is understood that this issue impacts in the region of one hundred thousand home moves every year. Most Buckingham conveyancing firms can not represent certain lenders so do check at the outset.

Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Buckingham?

There are two types of lawyers who can do conveyancing in Buckingham namely licenced conveyancers or solicitors. Both professionals provide conveyancing services that you need to complete the disposal or purchase of property. Both are duty bound to handle Buckingham conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally carried out and that the necessary steps should be appropriately followed.

I am helping my mother sell her property in Buckingham. Does the conveyancing solicitor arrange an EPC or it is for the owner to coordinate?

After the abolition of Home Packs, energy assessments was maintained a compulsory component of selling a house. An EPC must be to hand prior to the property being marketed. It is not a task that law firms normally organise. If you are instructing a Buckingham conveyancing practitioner they might be willing to arrange energy performance certificates given their relationships with long established Buckingham assessors

Virgin Money have agreed my home loan in principle, my offer on a property in Buckingham has been agreed to, what happens next?

The property agent will want to be informed of your conveyancer's details (ensure that the lawyers are on the bank’s panel). Contact Virgin Money or your financial adviser and finalise any outstanding forms. Virgin Money will appoint a valuer who will get in contact with the estate agent or owners to schedule an appointment. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. Virgin Money will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Buckingham.

Do commercial conveyancing searches reveal planned roadworks that may impact a commercial land in Buckingham?

Its becoming the norm that commercial conveyancing solicitors in Buckingham will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Buckingham. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Buckingham.

For each commercial conveyancing transaction in Buckingham it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Buckingham commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Buckingham.

How does conveyancing in Buckingham differ for newly converted properties?

Most buyers of new build residence in Buckingham contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Buckingham usually buy the site, 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 Buckingham or who has acted in the same development.

I require the services of a mortgage company panel solicitor in Buckingham. Can you assist?

Unfortunately it’s not apparent why you need a Buckingham panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Buckingham are on their panel . If you do find such a firm in Buckingham not listed please direct them to our site to list. After all the cost is only one £1 a month