As someone clueless as to the Laceby conveyancing process what is your top tip you can impart concerning the ownership transfer in Laceby

You may not hear this from too many lawyers but conveyancing in Laceby or throughout Lincolnshire is often a confrontational experience. In other words, when it comes to conveyancing there is an abundance of room for friction between you and others involved in the transaction. E.g., the seller, estate agent and on occasion a bank. Selecting a lawyer for your conveyancing in Laceby should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the process whose responsibility is to look after your best interests and to keep you safe.

On occasion a potential adversary will attempt to convince you that you should follow their advice. For instance, the property agent may claim to be helping by suggesting your conveyancer is dragging his heels. Or your mortgage broker may advise you to do take action that is contrary to your conveyancers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Laceby. 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 legal work.

Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Laceby

Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I have been on the look out for a ground for flat up to £195,000 and identified one near me in Laceby I like with open areas and railway links nearby, however it's only got 61 years on the lease. I can't really find anything else in Laceby for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you require a home loan the remaining unexpired lease term will be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you could request that they start the process of the extension and pass 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 about this matter.

I was advised by numerous estate agents in Laceby to select a conveyancer using your seach tool. What’s the financial incentive for Estate Agents to offer your site over a competitor’s?

We don’t make any commission for directing people in our direction. We found it would be just too difficult a fee as a client could think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

I need to instruct a conveyancing practitioner in Laceby for my purchase. Is it possible to check a firm’s record with the legal regulator?

One may find presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.