Is there a reason why leasehold purchase conveyancing in West Green is more expensive?

West Green leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

Have just purchased a probate house at auction in West Green. Conveyancing is required. What is next?

Having exchanged you should appoint a conveyancing lawyer soon as you now have a pending deadline in which to complete the deal. Every auction property will have a corresponding auction set of papers. This should include evidence of title and search results. If you have purchased leasehold property the legal pack should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You need to pass this on to the solicitor working for you as soon as possible. You also need to ensure that your finances are in order to complete on the on the contractual date .

A relative advised me that in purchasing a property in West Green there may be various restrictions limiting what one can do in terms of external alterations to a property. Is this right?

We are aware of anumerous of properties in West Green which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in West Green should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

After what seems like an age I have had an offer on a flat in West Green agreed to, but there is a chain. The sellers have placed an offer on a flat, but it’s not been accepted yet, and have viewings of other flats in the pipeline. I have selected a nearby conveyancing solicitor in West Green. What do I do now? When do I get the mortgage application with Lloyds started?

It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (mortgage application is in the region of £1k, then survey, West Green conveyancing search fees, etc). The first course of action is to ensure that your conveyancing practitioner is on the Lloyds approved list. As to the subsequent stages this very much depends on the specifics of your case, motivation for this property and on the state of the market. During a hot market some buyers will apply for a home loan with Lloyds and pay for the valuation and only if it was satisfactory would they request their conveyancer to move forward with the conveyancing in West Green.

About to purchase a new build flat in West Green. Conveyancing is daunting 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 are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in West Green

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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 confirm the Lease plans are surveyor prepared.

I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in West Green I like with a park and transport links in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in West Green suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.

I am contemplating appointing an online solicitor rather than a West Green conveyancing practice. Am I making a mistake?

Advantages do exist in having the opportunity to pop in to a local West Green conveyancing solicitor for example

• signing papers on short notice
• often being able to see someone face-to-face can make a significant difference, particularly for more complex conveyancing
• the ability to complain if matters need to addressed

When checking quotes, look out for hidden extras. Most decent West Green high street solicitors give an all-inclusive figure. Often online companies appear to offer cheap prices, but have hidden 'extras' in the small print.