I am soon to exchange on the purchase of a property in Wigston but as a consequence of wreckage from a small fire at the property I have managed to agree reparation from the seller of £2k in the form of a adjustment in the price. I had intended this to be dealt with as part of the conveyancing process however Nottingham are not allowing this. Why were they approached?

Any lawyer that is on the Nottingham conveyancing panel is obliged to advise Nottingham of any variations to the sale price. If you were to refuse your lawyer to disclose the price change to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new property lawyer for your conveyancing in Wigston.

My colleague suggested that if I am purchasing in Wigston I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is occasionally quoted for as part of the standard Wigston conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Wigston around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Wigston Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data about Wigston.

How does conveyancing in Wigston differ for new build properties?

Most buyers of new build residence in Wigston come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Wigston typically buy the site, 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 conveyancing solicitors 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 Wigston or who has acted in the same development.

I am selling my property. My former lawyers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Wigston if that affects matters.

Do use our search tool to help you choose a solicitor for your conveyancing in Wigston. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.

I am on look out for some leasehold conveyancing in Wigston. Before I set the wheels in motion I would like to find out the remaining lease term.

If the lease is recorded at the land registry - and 99.9% are in Wigston - 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.

Leasehold Conveyancing in Wigston - A selection of Questions you should ask Prior to Purchasing

You should be aware that where the lease has fewer than 80 years it will impact the marketability of the property. Check with your lender that they are happy with the length of the lease. A short lease means that you will probably have to extend the lease sooner rather than later and you need to have some idea of what this will be. Remember, in most cases you would be required to have been the owner of the property for two years before you are eligible to extend the lease. Is there a share of the freehold? The prefered form of lease arrangement is if the freehold title is owned by the leaseholders. In this arrangement the leaseholders enjoy control and notwithstanding that a managing agent is frequently employed where it is bigger than a house conversion, the managing agent is directed by the tenants.