Can the conveyancing lawyers that you recommend handle auction conveyancing in Bowthorpe?

We know of a few niche practitioners we can connect you with those specialising in auction conveyancing. Bowthorpe is just one of the many locations in which our lawyers have a presence.

I am buying a new build flat in Bowthorpe. Conveyancing is a frightening process 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 legal work.

Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Bowthorpe

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

I am looking for a leasehold apartment up to £195,000 and found one near me in Bowthorpe I like with open areas and transport links nearby, the downside is that it's only got 51 remaining years left on the lease. I can't really find anything else in Bowthorpe for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a home loan the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.

As co-executor for the will of my grandfather I am disposing of a residence in Newport but live in Bowthorpe. My lawyer (who is 260 kilometers from merequires that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Bowthorpe who can attest this legal document for me?

Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Bowthorpe based

I have selected a Bowthorpe conveyancing solicitor for our house purchase (FTB’s) and have picked up in the terms and conditions that they are not covered by the Financial Conduct Authority. Should I be concerned or is that usually the case with conveyancing practitioner?

We can't see why they should be. Most conveyancer don't lend money. You should check that they are regulated by the SRA, who dictate stringent laws in relation to monies held on client account.