I am need of leasehold conveyancing for an apartment in a fairly new development (6 years built) in Street. The vast majority the flats are already disposed of. Do I need carry out the neighbourhood searches for my conveyancing in Street?

You are putting yourself at risk in not carrying out Street 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 without a mortgage there is no legal necessity to have them, but we would strongly advise in no uncertain terms that your solicitor conducts them. Where timings and cost are top of your issues you should consider with your lawyer about the options such as lack of search insurance available to you

three months have elapsed since my purchase conveyancing in Street completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

The estate agent has sent us the confirmation of our purchase of a new build flat in Street. 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 legal work.

Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Street

Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.

Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one near me in Street I like with open areas and station in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Street for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you require a home loan the remaining unexpired lease term will be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.

Is it simple use your search app to locate a conveyancing lawyer in Street on the panel for my mortgage?

Step one is to select a lender such as Lloyds TSB Bank, Skipton Building Society or Aldermore then type in your location for example Street. Conveyancing firms in Street and beyond will then be listed.