Finally the sale completed on my house in Bishops Stortford last April but our buyer keeps calling daily to say his conveyancer needs to hear from mine. What should my lawyer have done now that I have sold?

Following your house sale your solicitor should send the transfer documentation and all supplemental paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer should also confirm that the home loan has been paid off to the purchasers conveyancers. There is unlikely to be post completion procedures peculiar conveyancing in Bishops Stortford.

Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial site in Bishops Stortford?

Many commercial conveyancing solicitors in Bishops Stortford will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Bishops Stortford. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bishops Stortford.

For each commercial conveyancing transaction in Bishops Stortford it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Bishops Stortford commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Bishops Stortford.

Just had an offer accepted on a new build apartment in Bishops Stortford. Conveyancing is necessary evil 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.

Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Bishops Stortford

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. Please supply a car parking plan. 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?

Last February I purchased a leasehold property in Bishops Stortford. Do I have any liability for service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Bishops Stortford Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to buying

Please note that where the lease has fewer than eighty years it will affect the value of the property. Check with your mortgage company that they are content with remaining years on the lease. A short lease means that you will probably have to extend the lease at some point and it is worth finding out how much this would cost. Remember, in most cases you will need to own the residence for two years before you are entitled to extend the lease. Its a good idea to discover as much as you can concerning the managing agents as they can either make life much easier or uncomfortable. As the proprietor of a leasehold property you are frequently in the clutches of the managing agents from a financial perspective and when it comes to practical issues like the cleanliness of the communal areas. You should not be shy to ask other tenants if they are happy with their service. Finally, investigate as to the dates that the maintenance fees are due to the appropriate party and precisely what you get for your money. Can you inform me if there are any major works in the planning that will add a premium to the service fees?

I am are looking to find an affordable conveyancing lawyer in Bishops Stortford to help me sell my place. I I am fearful of appointing the wrong one and there are lots of Bishops Stortford conveyancing solicitors out there...who's the best?

A trustworthy personal recommendation from a person who has instructed a conveyancing lawyer previously is always a best. You are bound to know someone who has used a conveyancing solicitor in the past. Feel free to make use of our comparison tool for Bishops Stortford conveyancing quotes