As a FTB what is the most important piece of guidance you can give me regarding purchase conveyancing in Anstey?

You may not hear this from too many lawyers but conveyancing in Anstey and elsewhere in England and Wales is an adversarial process. In other words, when it comes to conveyancing there exists lots of room for confrontation between you and other parties involved in the transaction. E.g., the vendor, estate agent and on occasion a bank. Choosing a lawyer for your conveyancing in Anstey should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the legal process whose interest is to act in your best interests and to keep you safe.

There is a worrying creep of a "blame" culture- someone has to be at fault for the process taking so long. We recommend that you your first instinct should be to trust your solicitor ahead of the other parties when it comes to the legal transfer of property.

We just had an offer accepted to purchase with Coventry BS. We have called around locally yet cant to find a Anstey conveyancing firm on the Coventry BS panel. Could you assist?

Feel free to take advantage of the find a conveyancing panel solicitor tool on this site. Pick the mortgage company and type Anstey or your location and you will discover a number of lawyer offices in Anstey or near you.

My friend suggested that if I am buying in Anstey I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is occasionally quoted for as part of the standard Anstey conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Anstey around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Anstey Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Anstey.

I have been on the look out for a ground for flat up to £305k and found one close by in Anstey I like with a park and transport links nearby, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Anstey suitable, so just wondered if I would be making a mistake buying a short lease?

Should you require a home loan the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.

I work for a reputable estate agent office in Anstey where we have experienced a number of leasehold sales jeopardised as a result of short leases. I have received contradictory information from local Anstey conveyancing firms. Can you clarify whether the seller of a flat can commence the lease extension process for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Anstey Conveyancing for Leasehold Flats - Sample of Queries before buying

The answer will be useful as a) areas may result in problems for the building as the common areas may begin to deteriorate where repairs remain unpaid b) if the tenants have an issue with the running of the building you will wish to know about it What restrictions exist in the Anstey Lease? Are there any major works on the horizon that could add a premium to the maintenance charges?