Can the conveyancing lawyers via your comparison service conduct conveyancing in Wombourne by way of an attended exchange?

There are a few conveyancing specialists who can conduct one day exchanges. Do call us to obtain a fee calculation and details as to dates.

How up to date is your search tool for Wombourne conveyancing solicitors on the Nationwide conveyancing panel? Do Nationwide send you an updated list?

Wombourne conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.

Just had an offer accepted on a new build flat in Wombourne. Conveyancing is a frightening process 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 is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Wombourne

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 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

Due to the guidance of my in-laws I had a survey completed on a house in Wombourne ahead of instructing solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will refuse to grant a loan on such a house.

It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wombourne. Conveyancing will be smoother if you use a solicitor in Wombourne especially if they are acquainted with such properties in Wombourne.

I have just appointed agents to market my basement apartment in Wombourne. Conveyancing is yet to be initiated, but I have just had a quarterly maintenance charge invoice – Do I pay up?

The sensible thing to do is clear the maintenance contribution as usual as all rents and maintenance payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Leasehold Conveyancing in Wombourne - Examples of Questions you should consider before Purchasing

Many Wombourne leasehold properties will be liable to pay a service bill for maintenance of the block set by the freeholder. Where you buy the property you will have to meet this liability, normally periodically throughout the year. This can differ from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. In all probability there will be a ground rent to be met yearly, ordinarily this is not a significant amount, say about £25-£75 but you should to check as on occasion it can be prohibitively expensive. Who takes responsibility for maintaining and repairing the building? What is the yearly maintenance fee and ground rent?