When can the exchange of contracts happen for sale conveyancing in Leatherhead and do I need to be at the solicitors branch?

Where you are round the corner to our conveyancing solicitors in Leatherhead you are invited in to sign contracts. That being said, the lender approved solicitors we recommend provide countrywide coverage for conveyancing and provide as equally detailed and professional a job for you when dealing with you by post or email. The signing of the property agreement is not the point of no return. A signed contract is just a prerequisite for the firm to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Leatherhead)to be in the office available at the end of the phone to exchange contracts.

Me and my brother purchased a semi-detached Edwardian property in Leatherhead. Conveyancing solicitor acted for me and HSBC Bank. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?

You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leatherhead and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing lawyer who conducted the conveyancing.

Just had an offer accepted on a new build flat in Leatherhead. 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 conveyancing.

Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Leatherhead

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. Please confirm the Lease plans are surveyor prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan.

In searching the web for the words on line conveyancing in Leatherhead it reveals numerous conveyancerslocally. With so much choice what is the best way to find the right conveyancer for the sale of my house?

The ideal method of choosing the right conveyancer is through a personal testimonial, so ask colleagues and relatives who have acquired a property in Leatherhead or a reputable estate agent or financial adviser. Costs for conveyancing in Leatherhead differ, so it's sensible to request a minimum of four fee calculations from different conveyancers. Make sure that you clarify that the fees are fixed.

Expecting to complete next month on a studio apartment in Leatherhead. Conveyancing solicitors inform me that they will have a report out to me next week. What should I be looking out for?

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

What you can do if a neighbour breaches a clause of their lease? Do you need to have carpet in the flat or are you allowed wood flooring? The unexpired lease term. You should receive guidance as what happens when the lease expires, and aware of the importance of the 80 year mark Repair and maintenance of the flat What the implications are if you are in breach of your lease terms?

Leatherhead Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing

What is the name of the managing agents? Its a good idea to find out as much as possible about the managing agents as they will either make your living at the property much easier or problematic. As the owner of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to day to day matters like the upkeep of the common parts. Ask other people if they are happy with them. On a final note, find out the dates that you are obliged pay the maintenance charge to the appropriate party and specifically what you get for your money. It is important to be aware whether changing the roof or some other significant cost is due shortly that will be shared by the leasehold owners and will materially impact the level of the maintenance fees or result in a specific invoice.