Having sold my house in New Waltham last July but our buyer keeps texting every few hours complaining that their lawyer needs to hear from mine. What should my lawyer have done now that I have sold?

After completion of your house sale your lawyer should forward the transfer documentation and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your lawyer must also evidence that the legal charge in favour of the lender has been redeemed to the buyers conveyancers. There are no post completion tasks unique to conveyancing in New Waltham.

Do commercial conveyancing searches reveal impending roadworks that could affect a commercial property in New Waltham?

Many commercial conveyancing solicitors in New Waltham will carry out a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in New Waltham. The search result sets out 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 New Waltham.

For every commercial conveyancing transaction in New Waltham it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to New Waltham commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in New Waltham.

How does conveyancing in New Waltham differ for new build properties?

Most buyers of new build premises in New Waltham contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is built. This is because house builders in New Waltham typically acquire 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 property lawyers 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 accustomed to new build conveyancing in New Waltham or who has acted in the same development.

I am looking for a flat up to £305k and identified one round the corner in New Waltham I like with a park and transport links nearby, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in New Waltham in this price bracket, so just wondered if I would be making a grave error buying a short lease?

If you require a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.

My father-in-law has encouraged me to instruct his conveyancers in New Waltham. Do I take his recommendation?

There are no two ways about it it’s preferable to choose a conveyancing solicitor is to have referrals from friends or relatives who have actually previously instructed the conveyancer you're considering.