I have given 2 months notice to my current landlord and must be out of my rented apartment in Higham Wood by the end of next month. Conveyancing for my house purchase is progressing. How realistic is it to complete in 5 weeks as I wish to avoid having to move into temporary accommodation?

It is unwise to provide notice for your lease unless your lawyer suggests that you should. Assuming that you have not already done so, contact to your lawyer and ask them to they cajole the sellers solicitors, try to get a realistic time scale from them that all parties will aim to achieve

Various online forums that I have visited warn that are the number one reason for stalling in Higham Wood conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Higham Wood.

I am buying a new build apartment in Higham Wood. 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 is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Higham Wood

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Forfeiture - bankruptcy or liquidation must not apply under this provision.

We're FTB’s - agreed a price, yet the agent informed us that the vendor will only move forward if we instruct the agent's recommended conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor used to conveyancing in Higham Wood

It is improbable the sellers are behind this. If they require ‘a quick sale', alienating a genuine purchaser is likely to cause more damage than good. Speak to the vendors direct and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to use your preferred Higham Wood conveyancing solicitors - as opposed tothe ones that will provide the estate agent a kickback or meet his conveyancing targets set by corporate headquarters.

I've found a house that seems to meet my requirements, at a reasonable price which is making it more attractive. I have subsequently found out that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Higham Wood. Conveyancing advisers have are about to be instructed. Will they explain the issues?

Most houses in Higham Wood are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Higham Wood so you should seriously consider shopping around for a Higham Wood conveyancing practitioner and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. As a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’sconsent to carry out changes to the property. It may be necessary to pay a contribution towards the maintenance of the estate where the house is located on an estate. Your conveyancer will advise you fully on all the issues.

Higham Wood Leasehold Conveyancing - Examples of Questions you should consider before Purchasing

This question is useful as a) areas could cause problems for the building as the communal areas may start to deteriorate where maintenance remain unpaid b) if the tenants have a dispute with the managing agents you will need to know about it You should be aware that where the lease has fewer than eighty years it will impact the salability of the flat. It is worth checking with your bank that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will most likely have to extend the lease sooner rather than later and you need to have some idea of what this would cost. For most Higham Woodlease extensions you will be required to have been the owner of the property for 24 months before you are eligible to exercise a lease extension.