I am need of leasehold conveyancing for a flat in a relatively new development (five years built) in Blackwood. The vast majority the properties are already occupied. Is it really necessary to order local searches as part of conveyancing in Blackwood?

You are putting yourself at risk in failing carrying out Blackwood conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that you have them. If time pressures and expenses are top of your concerns you should consider with your conveyancer about the option of search insurance

Should commercial conveyancing searches reveal planned roadworks that could affect a commercial site in Blackwood?

Its becoming the norm that commercial conveyancing solicitors in Blackwood will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Blackwood. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Blackwood.

For every commercial conveyancing transaction in Blackwood it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could result in delays to Blackwood commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Blackwood.

How does conveyancing in Blackwood differ for newly converted properties?

Most buyers of new build residence in Blackwood come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Blackwood usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Blackwood or who has acted in the same development.

Due to the advice of my in-laws I had a survey completed on a house in Blackwood in advance of instructing solicitors. I have been informed that there is a flying freehold element to the property. My surveyor advised that some banks will not grant a loan on this type of property.

It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Blackwood. Conveyancing will be smoother if you use a solicitor in Blackwood especially if they are accustomed to such properties in Blackwood.

Looking forward to exchange soon on a garden flat in Blackwood. Conveyancing solicitors inform me that they report fully tomorrow. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Blackwood should include some of the following:

Changes to the property Whether the lease restricts you from letting out the property, or having a home office for business The length of the lease term. You should be advised as what happens when the lease expires, and informed of the importance of not letting the lease term falling below eighty years specifics of the parties to the lease, e.g. these could be the tennant, head lessor, freeholder You would want to receive a copy of the lease

Blackwood Leasehold Conveyancing - A selection of Questions you should ask before buying

What prohibitions are there in the Blackwood Lease? Is there a share of the freehold? Are there any major works on the horizon that could add a premium to the service costs?