Would the conveyancing lawyers that you recommend conduct auction conveyancing in Kingswood?

There are a number of auction lawyers we can put you in touch with those specialising in auction conveyancing. Kingswood is one of the many locations where our lawyers have offices.

Just bought a semi-detached house in Kingswood , how long should it take for the Land Registry to register the transfer to my name? My Kingswood conveyancing solicitor has been painfully slow, so I want to be certain that my name is registered.

There is nothing unique about conveyancing in Kingswood registration formalities. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd persons or bodies. As of today roughly 80% of submission are fully dealt with within 12 days but occasionally there can be longer delays. Registration is effected once the buyer is living at the premises thus 'speed' is not always primary concern yet if there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.

I am buying a new build flat in Kingswood. Conveyancing is daunting 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 conveyancing.

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

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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 supply a car parking plan.

I need to find a conveyancing solicitor for leasehold conveyancing in Kingswood. I have discover a site which seems to have the ideal offering If it is possible to get all the legals completed via web that would be ideal. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am employed by a busy estate agent office in Kingswood where we have witnessed a number of leasehold sales derailed as a result of leases having less than 80 years remaining. I have received inconsistent advice from local Kingswood conveyancing solicitors. Could you shed some light as to whether the seller of a flat can commence the lease extension process for the buyer?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Kingswood Leasehold Conveyancing - A selection of Queries Prior to Purchasing

Please note that where the lease has no more than 80 years it will have adverse implications on the salability of the apartment. Check with your mortgage company that they are willing to lend given the lease term. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth finding out what this would cost. For most Kingswoodlease extensions you would be required to have owned the residence for a couple of years in order to be entitled to carry out a lease extension. Does this lease have in excess of 90 years remaining? It would be prudent to find out as much as possible about the company managing the block as they can either make living at the property much simpler or much more difficult. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to day to day issues like the upkeep of the common parts. Enquire of other tenants what they think of their service. In conclusion, be sure you understand the dates that you are obliged pay the maintenance charge to the managing agents and precisely how they are spending the funds.