Finally the sale completed on my house in Sanderstead last February but our buyer keeps Skype messaging daily to say her conveyancer needs to hear from myconveyancer. What should have happened following completion?

Post completion of your sale your conveyancer is committed to deliver the transfer deeds and all of the paperwork to the buyer’s lawyers. Where relevant, your conveyancer should also evidence that the home loan has been discharged to the purchasers conveyancers. There are no post completion formalities peculiar conveyancing in Sanderstead.

Various web forums that I have come across warn that are the primary cause of hinderance in Sanderstead house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Sanderstead.

I am buying a new build apartment in Sanderstead. 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 selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Sanderstead

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

I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a quick, no chain conveyancing. Sanderstead is where the house is located. Can you offer any assistance?

Flying freeholds in Sanderstead are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sanderstead you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sanderstead may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I own a leasehold flat in Sanderstead. Conveyancing was finalised in 21012. I have been told that I mustn’t let the the remaining lease term to fall too short. Why is that a problem?

Sanderstead residential long term leases are for a fixed term - normally just under one hundred years when they are first granted. However a significant appartments in Sanderstead were built or converted in the 70’s80’s and so these leases now have less than 80 years remaining. This may seem like plenty of time but Banks, Building Societies and other mortgage lenders tend to require leases to have a minimum of 75 years remaining to adequate security. Accordingly when you come to sell the property you will need a lease extension if you are approaching seventy five years. To maximise the saleability of your property you should be considering whether or not to extend your lease well in advance of selling the property. There are also strong financial reasons to taking action before the lease reaches even eighty years as when the lease is less than eighty years the premium to be paid to extend starts to escalate.