We're in Cranleigh, FTBs purchasing with a mortgage (lender is Bank of Ireland , and our lawyer is on the Bank of Ireland conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Bank of Ireland conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

Just had an offer accepted on a new build flat in Cranleigh. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Cranleigh

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. 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.

Taking into account that I will soon spend over three hundred thousand on a garden flat in Cranleigh I would like to have a conversation with the conveyancer about mytransaction ahead of instructing the firm. Is this something that you can arrange?

This is something that we encourage - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer who will be carrying out your property ownership legalities in Cranleigh.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter reference. The law firms that we put you in touch with believe that the figure you are quoted for residential conveyancing in Cranleigh should be the figure that you end up paying.

Due to sign contracts shortly on a ground floor flat in Cranleigh. Conveyancing lawyers assured me that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Cranleigh should include some of the following:

Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? You should know if the lease permits you to add or improve anything in the premises- you should know whether it relates to all alterations or limited to structural alteration, and whether permission is required You should receive a copy of the lease Responsibility to repair and maintain the building. It is essential that you know who is responsible the repair and maintenance of every part of the building What you can do if a neighbour is in violation of a provision in their lease?

Cranleigh Leasehold Conveyancing - Sample of Queries Prior to buying

Make sure you discover if the the lease contains any onerous restrictions in the lease. By way of example it is fairly common in Cranleigh leases that pets are not permitted in in a block in Cranleigh. If you love the propertyin Cranleigh but your dog can’t make the move with you then you will be presented with a difficult decision. The answer will be important as a) areas can result in problems for the building as the communal areas may begin to deteriorate if maintenance remain unpaid b) if the leasehold owners have a dispute with the running of the building you will want to have complete disclosure

Why is it not possible to complete my conveyancing in Cranleigh on Good Friday?

Because on completion the money needs to be transferred electronically between the banks of the purchaser and owner’s property lawyer and at present this can only occur on a working day. It is not possible to complete on a saturday or sunday either.