I have justdiscovered that Arc property Solicitors have been shut down. They conducted my conveyancing in Borough Green for a purchase of a leasehold flat 12 months ago. How can I check that the property is registered correctly in the name of the former proprietor?

The easiest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Borough Green conveyancing specialists.

How does conveyancing in Borough Green differ for new build properties?

Most buyers of new build property in Borough Green approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because developers in Borough Green 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 accustomed to new build conveyancing in Borough Green or who has acted in the same development.

Over the last few months I have been searching for a ground for flat up to £235,500 and identified one near me in Borough Green I like with a park and station nearby, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Borough Green in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you require a mortgage the shortness of the lease may be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

Taking into account that I am about to part with £400,000 on a garden flat in Borough Green I wish to talk to a solicitor concerning thehome move prior to instructing the firm. Can this be arranged?

Absolutely - we would be pleased to talk to you we do not take any clients on without you speaking to the lawyer due to be conducting your property ownership legalities in Borough Green.There is no ‘factory style conveyancing’ - each client is an important person, not a case reference. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Borough Green should be the figure that you are charged.

I've found a house that appears to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have just discovered that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in Borough Green. Conveyancing advisers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Borough Green ?

Most houses in Borough Green are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are buying in Borough Green so you should seriously consider looking for a Borough Green conveyancing solicitor and check that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’spermission to conduct changes to the property. It may be necessary to pay a contribution towards the upkeep of the communal areas where the house is part of an estate. Your lawyer will report to you on the legal implications.

Borough Green Leasehold Conveyancing - Examples of Queries Prior to Purchasing

The answer will be helpful as a) areas could result in problems for the block as the common areas may begin to deteriorate where maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will need to have all the details How many of the leaseholders are in arrears for their maintenance charge payments? What is the name of the managing agents?