Can the conveyancing practitioners that you recommend conduct auction conveyancing in Newbury?

We know of a few auction practitioners we can connect you with those conducting auction conveyancing. Newbury is just one of the many areas of in which our lawyers have offices.

Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a two bedroom flat in Newbury. Do I collect the keys to the property on completion from my lawyer? If so, I will appoint a High Street conveyancing solicitor in Newbury?

There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the owner’s conveyancers, and once they have received this, you will be called to receive the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.

I'm spending time viewing houses in Newbury and I am now considering a potential offer. Should I already have a conveyancing practitioner appointed at this stage? I intend to finance via a mortgage with Kent Reliance.

It would be advisable to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. As you are taking out a mortgage with Kent Reliance, make sure you remember to check that your lawyer is on the Kent Reliance conveyancing panel.

It is unclear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Newbury bank branch on a couple of occasions and was reassured it wasn't a problem and they would lend. My Newbury conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they will not lend in accordance with their specific requirements. Who do I believe?

Provided that the conveyancer is on the mortgage company panel, they must adhere to the CML Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

Just had an offer accepted on a new build apartment in Newbury. 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 legal work.

Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Newbury

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants.

My husband and I are 18 days into a freehold purchase having been referred to a firm by the local agent to handle our conveyancing in Newbury. We are not happy. Could you you assist me in finding new lawyers?

They would need to be really poor in order to consider diss instructing them. Has the mortgage offer been issued? In the event that it has you need to advise them of the new contact details and ensure the offer are re-sent. Your new solicitor ideally needs to be on the lenders panel to avoid added expenses and frustration. So that should be your first question of the new solicitors. The search tool can help you find a bank approved solicitor for your home move in Newbury

Having had my offer accepted I require leasehold conveyancing in Newbury. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.

Assuming the lease is recorded at the land registry - and almost all are in Newbury - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Newbury Conveyancing for Leasehold Flats - Sample of Queries Prior to buying

How is the lease structured? Best to be warned whether a new roof is being installed or some other major work is pending to be shared by the leaseholders and may well materially impact the level of the maintenance charges or necessitate a one time payment. Does the lease have onerous restrictions?