How does conveyancing in Cookham differ for newly converted properties?

Most buyers of new build property in Cookham contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is completed. This is because developers in Cookham typically purchase the site, 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 conveyancers 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 Cookham or who has acted in the same development.

I'm remortgaging my existing house to a buy to let loan with Alliance & Leicester and intend to use the remaining equity towards a second house. The area we are looking at is Cookham. Will your solicitors be able to act for the two lenders and tie in the two deals?

Make use of our search tool on this page to ensure that the solicitors are approved by both lenders. Assuming that they are your solicitor will be able to simultaneously deal with the two deals but you should have a chat with you lawyer and make apparent your expectations and requirements.

I need to instruct a conveyancing solicitor for sale conveyancing in Cookham. I happened to land on a web site which looks to be the perfect offering If there is a chance to get all the legals completed via phone that would be ideal. Should I be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Back In 2003, I bought a leasehold flat in Cookham. Conveyancing and Coventry Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Cookham who acted for me is not around. Any advice?

First contact the Land Registry to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Cookham conveyancing practitioner to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Cookham Leasehold Conveyancing - Examples of Queries before buying

Please note that where the lease has less than 80 years it will affect the salability of the apartment. It is worth checking with your lender that they are willing to go ahead with the loan given the lease term. Leases with fewer than 80 years remaining means that you will probably need a lease extension at some point and it is worth discovering what this would cost. Remember, in most cases you would need to own the residence for 24 months before you are entitled to exercise a lease extension. How long is the Lease? This question is important as a) areas may result in problems in the building as the common areas may start to deteriorate if repairs remain unpaid b) if the tenants have a dispute with the managing agents you will want to know about it

My wife and I intend to purchase our 1st home in Cookham. Conveyancing lawyer already selected. The broker pointed out that a survey is not necessary as the property is only 20 yrs old.

As the bare minimum you need a Home Buyer's Report. Given the property was constructed over a decade ago the property will be without a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report may be sufficient. The report should highlight any apparent issues and recommend further investigation where appropriate. Where there are any signs of material issues obtain a full Building Survey from the beginning.