The estate agent has sent us the confirmation of our purchase of a new build apartment in Wolverhampton. 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 is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Wolverhampton
Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? 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. Please supply a car parking plan.
I opted to have a survey completed on a property in Wolverhampton prior to 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 grant a mortgage on this type of house.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wolverhampton. Conveyancing will be smoother if you use a solicitor in Wolverhampton especially if they are familiar with such properties in Wolverhampton.
I am looking to sell my home. My former conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Wolverhampton if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Wolverhampton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I need to instruct a conveyancing practitioner in Wolverhampton for my house move. Can I see a firm’s complaints history with the profession’s regulator?
Anyone may read published Solicitor Regulator Association (SRA) determinations stemming from inquisitions commenced on or after Jan 2008. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator could recorded call for training purposes.
I am due to assess estimates for conveyancing in Wolverhampton from three solicitor and decide on one. Am I right to ask them to hold tight until I have found somewhere to acquire.
We would recommend that you only request your lawyer to open a file and order searches once the offer has been accepted on the property particularly as Wolverhampton conveyancing searches are costly.