How does conveyancing in Wavertree differ for new build properties?

Most buyers of new build property in Wavertree come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Wavertree usually buy the land, 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 conveyancing solicitors 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 used to new build conveyancing in Wavertree or who has acted in the same development.

Over the last few months I have been searching for a flat up to £305k and identified one near me in Wavertree I like with amenity areas and station nearby, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Wavertree for this price, so just wondered if I would be making a mistake acquiring a short lease?

If you require a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.

I'm converting the mortgage on my existing house to a buy to let mortgage with Nottingham Building Society and I will use the ballance of the raised equity towards a second house. The neighborhood we are talking about is Wavertree. Will your solicitors be able to act for both sets of lenders and link together the transactions?

Make use of our comparison tool on this site to ensure that the solicitors are approved by both lenders. On the basis that they are the solicitor will be able to connect the two deals but you should talk with you solicitor and make apparent your expectations and needs.

As co-executor for the will of my father I am disposing of a residence in Swansea but reside in Wavertree. My solicitor (based 200 kilometers awayrequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Wavertree to witness and place their company stamp on the document?

strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Wavertree based

Having had my offer accepted I require leasehold conveyancing in Wavertree. Before I get started I require certainty as to the number of years remaining on the lease.

If the lease is registered - and most are in Wavertree - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in Wavertree - Sample of Queries Prior to Purchasing

It would be a good idea to investigate if there is anything that is prohibited in the lease. For instance it is fairly common in Wavertree leases that pets are not allowed in certain buildings in Wavertree. If you love the flatin Wavertree however your dog can’t make the move with you then you will be faced difficult choice. What restrictions are there in the Wavertree Lease? Who takes charge for maintaining and repairing the building?