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Conveyancing in Buckingham Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/04/18

Some helpful Buckingham transport and services facts and figures ;

Buckingham's nearest airport is Turweston Aerodrome Airport. Kidlington Airport is 18 miles away. Buckingham's closest train station is Milton Keynes Central.

Buckingham hospital is relatively close to Buckingham.

Q.

Although there are lots of £99 fixed quotes online, how do we find a reputable one? We need a low cost conveyancing quote.

A.

The lack of clarity surrounding this topic catches out many buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted, and many firms advertise supposedly cheap conveyancing quotes. Unfortunately extra fees may be added into the solicitor's terms of engagement. Your conveyancing quote ought to list any disbursements. Any extra costs ought to be reasonable. They be applicable if the conveyancer must perform additional tasks in your interest, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

Are there many areas of conservation in Buckingham?

A.

These areas characterise neighbourhoods designated as being of special architectural or historic interest. Living in a conservation area can mean confidence that property will retain its value, but the restrictions create additional maintenance and repair responsibilities. A lawyer will address the consequences of purchasing property in a conservation area.

Q.

Is a retention fee a disbursement or a fee?

A.

Fees and disbursements ought to be stated on a conveyancing quote. This cost is a fee not a disbursement. It should be included in a conveyancing quote.

Q.

Our lender is Alliance and Leicester, what will I need to consider?

A.

Buyers should consider that, recently, a number of lenders have reduced their 'solicitor panel'. For purchasers, this can result in significantly increased conveyancing costs. Homeward Legal can act for all major lenders, ensuring that an additional solicitor will not be required to act for your lender.

Q.

How do I protect against gazumping?

A.

Gazumping takes place when a seller acknowledges the first buyer's offer, only to later dismiss it in favour of a greater offer. Though being gazumped is uncommon when property prices are falling, there is still a risk. Consider instructing a conveyancing solicitor as soon as you can to reduce the chance of your offer being gazumped.

Q.

What makes conveyancing for a Buckingham property purchase to have so many delays?

A.

The conveyancing process can suffer all manner of setbacks, Homeward Legal, however, strive to lessen the effect of these delays where feasible to do so by driving the transaction forward.

Q.

If Buckingham land is found to be contaminated, can we have the soil inexpensively remediated?

A.

Remediation may be possible, but it can be costly, but this is generally the responsibility of local authorities to arrange. Speak to a local provider such as Callow R J, Copper Horse Farm/Bushey La, Preston Bissett, Buckingham, MK18 4ND for more information.

Q.

How does the Buckingham property solicitor investigate the risk and history of a flood to properties in Buckingham for a buy to let house we are intending to purchase?

A.

The solicitor conducts standard formal property conveyancing searches that should include Buckingham historical flood risk data. As an additional measure means that your conveyancing solicitor in Buckingham may possibly advise a significantly more involved local flood search.