This question may be naive but I am new to the home moving as a 1st time buyer of a ground floor flat in Wellesbourne. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will use a High Street conveyancing solicitor in Wellesbourne?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's conveyancers, and shortly after the monies have arrived, you should be able to collect the keys from the property Agents and move into your new home. This tends to happen early afternoon.
How can we tell if a Wellesbourne conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Wellesbourne seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the lawyer handling your conveyancing.
My offer was accepted on an apartment in Wellesbourne on 26/6/2025, valuation was booked 2 days after, received a clean bill of health. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to RBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the RBS conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
My wife and I own a terraced Victorian house in Wellesbourne. Conveyancing lawyer represented me and Clydesdale. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Wellesbourne and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing practitioner who completed the work.
The estate agent has sent us the confirmation of our purchase of a new build flat in Wellesbourne. Conveyancing is daunting 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 is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Wellesbourne
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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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. 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.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one close by in Wellesbourne I like with amenity areas and station nearby, the downside is that it only has 49 years on the lease. I can't really find anything else in Wellesbourne suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
My company is wishing to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering fixed fees for commercial conveyancing in Wellesbourne for under 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Wellesbourne, including the sale and acquisition of businesses as well as simply property. If you are intending to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. Regarding the charges these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your details or phone us so that we can furnish you with a detailed commercial conveyancing calculation.
Do you have any top tips for leasehold conveyancing in Wellesbourne with the intention of saving time on the sale process?
- Much of the frustration in leasehold conveyancing in Wellesbourne can be reduced where you get in touch lawyers the minute your agents start marketing the property and request that they start to put together the leasehold information which will be required by the buyers’ representatives. If you are supposed to have a share in the freehold, you should make sure that you have the original share certificate. Arranging a new share certificate can be a time consuming process and frustrates many a Wellesbourne conveyancing transaction. Where a new share certificate is needed, you should approach the company director and secretary or managing agents (if relevant) for this sooner rather than later. Many landlords or managing agents in Wellesbourne charge for supplying management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management pack can be applied for on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most frequent reason for frustration in leasehold conveyancing in Wellesbourne. In the event that you altered the property did you need the Landlord’s approval? In particular have you installed wooden flooring? Most leases in Wellesbourne state that internal structural changes or addition of wooden flooring necessitate a licence issued by the Landlord consenting to such works. If you fail to have the paperwork in place do not communicate with the landlord without contacting your solicitor in the first instance.
I invested in buying a split level flat in Wellesbourne, conveyancing formalities finalised in 2011. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Wellesbourne with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 yearly. The lease ceases on 21st October 2105
With 80 years left to run we estimate the price of your lease extension to be between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.