Will lawyers ask for money up-front when it comes to conveyancing in Knaphill?

Where you are retaining lawyers for conveyancing in Knaphill your lawyer will request that you put them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is payable against the total price then this will be required immediately ahead of exchange of contracts. The closing balance that is due will be payable shortly before completion.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Knaphill. Conveyancing is a frightening process 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.

Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Knaphill

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.

Due to the input of my in-laws I had a survey completed on a property in Knaphill before instructing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some banks may refuse to issue a loan on a flying freehold house.

It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you e-mail us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Knaphill. Conveyancing may be slightly more expensive based on your lender's requirements.

I am hoping to exchange soon on a garden flat in Knaphill. Conveyancing solicitors inform me that they report fully next week. Are there areas in the report that I should be focusing on?

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

Additions to the premises Defining your rights in respect of the communal areas in the block.E.G., does the lease contain a right of way over an accessway or hallways? You would want to be sent a copy of the lease What you can do if an adjoining owner is in violation of a provision in their lease?

I invested in buying a garden flat in Knaphill, conveyancing having been completed in 2005. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Knaphill with over 90 years remaining are worth £201,000. The average or mid-range amount of ground rent is £45 per annum. The lease comes to an end on 21st October 2090

You have 64 years unexpired we estimate the price of your lease extension to range between £14,300 and £16,400 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.

I am looking to buy a house and need a conveyancing solicitor in Knaphill who is on the lender solicitor panel. Could you point me in the right direction as regards a Knaphill conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who do conveyancing in Knaphill. We dont recommend any particular conveyancing practice.