Various internet forums that I have come across warn that are the primary cause of hinderance in Wollaton house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays in the conveyancing process. Searches are unlikely to be the root cause of holding up conveyancing in Wollaton.

How does conveyancing in Wollaton differ for newly converted properties?

Most buyers of new build property in Wollaton approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Wollaton usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Wollaton or who has acted in the same development.

I need to retain a conveyancing solicitor for freehold conveyancing in Wollaton. I've land on a web site which appears to be the perfect solution If there is a chance to get all the legals completed via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Can you offer any advice when it comes to appointing a Wollaton conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a solicitor for lease extension works (regardless if they are a Wollaton conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with two or three firms including non Wollaton conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:

How many lease extensions have they conducted in Wollaton in the last 12 months? Can they put you in touch with clients in Wollaton who can give a testimonial?

I acquired a split level flat in Wollaton, conveyancing formalities finalised in 2002. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Wollaton with over 90 years remaining are worth £179,000. The average or mid-range amount of ground rent is £65 yearly. The lease runs out on 21st October 2082

With 57 years unexpired the likely cost is going to span between £26,600 and £30,800 plus plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.

The lawyers conducting our conveyancing in Wollaton has forwarded documents to review that indicate that the land is unregistered with epitome documents. Is it not the case that all properties in Wollaton are registered?

Whilst the vast majorities of properties in Wollaton are now registered with the Land Registry there are still a few that are unregistered. Any property in Wollaton that has been remortgaged since the late 1980’s will have been registered at the HM Land Registry under the compulsory ‘first registration’ scheme. However, if a Wollaton property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Wollaton conveyancing practitioners will be able to handle this type of conveyancing but where uncertainty prevails the prevailing guidance presently appears to be for the vendor’s solicitor to register it first and then sell - this can though naturally cause a significant delay.