About to purchase a new build apartment in Ingatestone. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Ingatestone

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Ingatestone is the location of the property. What do you suggest?

Flying freeholds in Ingatestone are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ingatestone you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ingatestone may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

Do I need to be wary that third parties that I am dealing with are recommending a national conveyancing firm as opposed to a High Street Ingatestone conveyancing firm?

As is the case with many professional services, often recommendations from connections can be worth their weight in gold. But there are numerous players in a conveyancing deal; estate agents, financial adviser and mortgage companies might all put forward conveyancers to retain. Sometimes these lawyers might be known to one of the organisations as one of the best in their field, but sometimes there may be a commercial relationship behind the recommendation. You are at liberty to choose your preferred conveyancer. Don't forget that most mortgage providers have an approved list of solicitors you are obliged to use for the mortgage aspect of your house move.

My husband and I are FTB’s - had an offer accepted, but the agent informed us that the seller will only issue a contract if we instruct the agent's preferred solicitors as they want a ‘quick sale’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in Ingatestone

We suspect that the seller is unaware of this request. Should the vendor require ‘a quick sale', alienating a motivated buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and make the point that (a)you are serious buyers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you intend to appoint your preferred Ingatestone conveyancing solicitors - rather thanthose that will earn their negotiator at the agency a kickback or hit his conveyancing figures demanded by HQ.

Due to sign contracts shortly on a ground floor flat in Ingatestone. Conveyancing lawyers have said that they are sending me a report on Monday. What should I be looking out for?

Your report on title for your leasehold conveyancing in Ingatestone should include some of the following:

Where does the liability rest for maintaining the window frames You would want to receive a copy of the lease Information concerning the obligations in the lease to to contribute towards maintenance costs - with regard to both the building, and the more general rights a lessee enjoys What the implications are if you breach a clause of your lease? Ground rent - what is payable and what the invoice dates are, and be on notice if this will change in the future

I invested in buying a garden flat in Ingatestone, conveyancing formalities finalised in 2007. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Ingatestone with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease finishes on 21st October 2086

With 61 years unexpired we estimate the premium for your lease extension to span between £18,100 and £20,800 as well as legals.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.