Just had an offer accepted on a new build apartment in Northamptonshire. Conveyancing is necessary evil 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.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Northamptonshire
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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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. 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.
I opted to have a survey done on a property in Northamptonshire prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks will refuse to give a mortgage on such a property.
It varies from the lender to lender. Lloyds has different requirements from Halifax. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Northamptonshire. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to transfer to a new firm as I have to find a firm on the Clydesdale conveyancing panel. I hired a local conveyancing solicitor in Northamptonshire round the corner but the firm is not approved by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Northamptonshire on the Clydesdale panel. Please note that the solicitors that we on the directory do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Northamptonshire. Using the find a conveyancing solicitor tool on this site, you can contrast costs for conveyancing solicitors in Northamptonshire and throughout England and Wales.
I have been sourcing a conveyancing practitioner in Northamptonshire for my house move. Can I see a solicitor's complaints history with the profession’s regulator?
Members of the public can read published Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA could monitor call for training requirements.
Estate agents have just been given the go-ahead to market my basement apartment in Northamptonshire.Conveyancing has not commenced however I have just received a quarterly service charge demand – Do I pay up?
It best that you pay the invoice as normal because all rents and maintenance charges should be allottedon completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially