I am under pressure from the mortgagee in possession of a property in Arley to exchange within four weeks. What can I do to expedite matters?

In a situation where the seller is applying pressure for your conveyancing it is advisable to make sure that your solicitor is familiar with the area as they will make use of local contacts and know-how. It is even conceivable that they may have transacted otherhomes in the same road. You would be best advised to use a Arley conveyancing lawyer. In addition, double check that the conveyancing firm is on the on the approved list for your mortgage company. It is said that just under twenty per cent of Arley conveyancing deals are suspended or jeopardised after finding out that a purchaser’s solicitor was not on their banks panel. In many cases this discovery resulted in the buying process being delayed by as much as three weeks. It is said that this issue impacts in the region of 100,000 home sales annually. Most Arley conveyancing practices can not represent certain mortgage companies so do check as early as possible.

Do I need to pop into the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Arley so that I can pop in to their offices if necessary.

These days conveyancing panel lawyers for mortgage companies conduct the vast majority of work via Royal Mail, internet or over the phone. This enables them to undertake the conveyancing transaction regardless of where you live in England or Wales. That being said you should see if you can still book an appointment to visit conveyancing lawyer if needed.

A colleague advised me that if I am buying in Arley I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is sometimes quoted for as part of the standard Arley conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Arley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Arley Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Arley Education with plans and statistics, Local Amenities and other useful information about Arley.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Arley. 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 selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Arley

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

I've recently bought a leasehold property in Arley. Do I have any liability for service charges for periods before my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Arley Leasehold Conveyancing - A selection of Questions you should ask Prior to Purchasing

Many Arley leasehold apartments will have a service charge for the upkeep of the block levied on behalf of the management company. Should you purchase the apartment you will have to pay this amount, usually quarterly accross the year. This can differ from two or three hundred pounds to thousands of pounds for blocks with lifts and large common areas. There will also be a ground rent to be met annual, this is usually not a significant figure, say approximately £25-£75 but you need to enquire it because occasionally it can be surprisingly expensive. What prohibitions are there in the Arley Lease? Is anyone aware of any major works in the planning that will likely add a premium to the service fees?