My bank has suggested solicitors on their panel based in Roker but I would rather use a conveyancing lawyer in Roker or nearer to where I live. Can you assist?

It is by no means the case that all Roker conveyancing practitioners are on all banks conveyancing panel. Do make the most of the above search tool to choose a Roker conveyancing solicitor on the on the lender panel.

I require expedited conveyancing in Roker as I am under a deadline to exchange contracts in less than one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?

If.Given you are not taking a mortgage you have the choice not to have searches carried out although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Roker the following are instances of issues that can appear and therefore impact market value: Enforcement Notices, Outstanding Charges, Overdue Grants, Unadopted Roads,...

The estate agent has sent us the confirmation of our purchase of a new build apartment in Roker. 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 are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Roker

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. 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. Please supply a car parking plan.

I need to find a conveyancing solicitor for some conveyancing in Roker. I've land on a site which seems to have the ideal solution If it is possible to get all the legals completed via web that would be ideal. Do I need to be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am tempted by the attractive purchase price for a couple of apartments in Roker which have approximately fifty years remaining on the leases. Will this present a problem?

There are no two ways about it. A leasehold apartment in Roker is a wasting asset as a result of the shortening lease. The nearer the lease gets to zero years unexpired, the more it reduces the salability of the premises. The majority of purchasers and lenders, leases with less than 75 years become less and less attractive. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Roker conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Roker Leasehold Conveyancing - Examples of Questions you should consider Prior to buying

Most Roker leasehold flats will be liable to pay a service bill for maintenance of the building invoiced by the freeholder. Should you buy the property you will have to meet this amount, usually quarterly throughout the year. This can be anything from two or three hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge to be met yearly, this is usually not a large sum, say about £50-£100 but you should to enquire as sometimes it could be many hundreds of pounds. This question is helpful as a) areas could result in problems for the building as the communal areas may begin to deteriorate if repairs are not paid for b) if the leaseholders have an issue with the running of the building you will want to know about it Generally speaking the outlay for major works are not included within maintenance charges, albeit that a few managing agents in Roker require tenants to pay into a reserve fund created for the specific intention of establishing a fund for major repairs or maintenance.