Are there restrictive covenants that are commonly picked up during conveyancing in Friday Hill?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Friday Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Friday Hill differ for newly converted properties?

Most buyers of new build residence in Friday Hill come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is built. This is because house builders in Friday Hill tend to buy the land, 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 conveyancing solicitors 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 Friday Hill or who has acted in the same development.

Is there anything unique about your site and alternative internet conveyancing brokers for conveyancing in Friday Hill?

At this site secure a conveyancing quote from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Friday Hill. As opposed to estate agents and brokerage sites we do not have kick-back arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors paying the highest per referral, not the best value conveyancing in Friday Hill

Do you have any top tips for leasehold conveyancing in Friday Hill from the perspective of speeding up the sale process?

• A significant proportion of the delay in leasehold conveyancing in Friday Hill can be avoided where you get in touch lawyers the minute you market your property and ask them to put together the leasehold documentation which will be required by the buyers’ lawyers.
You may think that you are aware of the number of years remaining on your lease but it would be wise to double-check by asking your lawyers. A purchaser's lawyer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is below 75 years. It is therefore essential at an early stage that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. If there is a history of any disputes with your freeholder or managing agents it is essential that these are resolved prior to the flat being put on the market. The purchasers and their solicitors will be reluctant to purchase a flat where there is a current dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is clearly preferable to present the dispute as over rather than unresolved. Some Friday Hill leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. The bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their lawyers.

Leasehold Conveyancing in Friday Hill - Sample of Queries before buying

Who are the managing agents? This question is helpful as a) areas could cause problems for the block as the communal areas may begin to deteriorate where repairs remain unpaid b) if the tenants have an issue with the running of the building you will need to have all the details The prefered form of lease arrangement is a share of the freehold. In this arrangement the lessees have control and even though a managing agent is usually retained if it is bigger than a house conversion, the managing agent acts for the leaseholders themselves.

I purchased a flat in Friday Hill last 29/12/2023 and to date it is still not recorded with HMLR. It is part of a new estate and my lawyer told me that it can take one year to complete the registration formalities. I have contacted HMLR directly and they have informed me the original application was cancelled due to questions not being addressed in time. Do I need to be concerned?

Call your property lawyer - if you are not getting sensible responses, look up their firm’s complaints protocol and escalate your problem to a Complaints Manager. Registrations for Friday Hill conveyancing are not known to be especially complex.