I am need of leasehold conveyancing for an apartment in a fairly new development (seven years old) in Rowley Regis. Almost all the flats are already occupied. Do I need carry out the neighbourhood searches for my conveyancing in Rowley Regis?

You are taking a significant risk in refusing to carrying out Rowley Regis conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would seriously advise in the strongest possible terms that you have them. Where speed and cost are primary concerns you should discuss with your lawyer about the option of search insurance

We see that you have a post code search directory identifying law firms on the TSB conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Rowley Regis?

We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Rowley Regis.

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

The minority of Rowley Regis conveyancing practices are approved and listed on all banks conveyancing panel. Use our search tool to locate a Rowley Regis conveyancing firm on the on the lender panel.

How does conveyancing in Rowley Regis differ for new build properties?

Most buyers of new build property in Rowley Regis contact us having been asked by the seller to sign contracts and commit to the purchase even before the premises is constructed. This is because developers in Rowley Regis usually buy the land, 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 used to new build conveyancing in Rowley Regis or who has acted in the same development.

Having had my offer accepted I require leasehold conveyancing in Rowley Regis. Before diving in I require certainty as to the number of years remaining on the lease.

Assuming the lease is recorded at the land registry - and almost all are in Rowley Regis - then the leasehold title will always include the basic details 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.

Leasehold Conveyancing in Rowley Regis - A selection of Questions you should consider before Purchasing

Its a good idea to find out as much as you can concerning the company managing the block as they will affect your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to day to day matters like the cleanliness of the communal areas. You should not be afraid to ask prospective neighbours what they think of their management. On a final note, investigate as to the dates that the maintenance charges are due to the managing agents and specifically what you get for your money. Most Rowley Regis leasehold apartments will incur a service bill for the upkeep of the block set on behalf of the freeholder. If you buy the property you will have to meet this liability, normally in instalments accross the year. This could be anything from a few hundred pounds to thousands of pounds for large purpose-built buildings. There will also be a rentcharge to be met annual, ordinarily this is not a significant figure, say about £25-£75 but you need to check it because sometimes it could be prohibitively expensive. Best to be warned if fixing the lift or some other significant cost is due in the near future to be shared by the leasehold owners and will dramatically increase the the maintenance fees or result in a one off payment.