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Wokingham Conveyancing Statistics*

  • 1 Average time frame of 108 days for registration of title in Wokingham
  • 2 Average Stamp Duty Payable for this year to date was £19,031
  • 3 September was the busiest month and August was the next busiest month while November was the least busiest month of the year for conveyancing in Wokingham
  • 4 Percentage of leasehold conveyancing purchases in Wokingham is 18% where there is a share in the management company or freehold company
  • 5 Percentage of cases in Wokingham that are buy to let is 6%

Examples of recent conveyancing in Wokingham since February 2024*

Recently asked questions about conveyancing in Wokingham

We were just about to sign contracts for a leasehold flat in Wokingham. We have hit a problem. Our loan offer with TSB runs out on 8/7/2024 but the sellers are insisting on a completion date of 10/7/2024. Is it possible to prolong the loan expiry date?

The person best placed to deal with your issue is your conveyancer who will hopefully determine if they should be discussing with the bank, seller’s representatives, property agents or indeed all three given the circumstances your house move to date.

The deeds to my home are lost. The lawyers who handled the conveyancing in Wokingham 5 years ago are no longer around. What are my options?

Assuming you have a registered title the details of your ownership will be retained by the Land Registry under a Title Number. It is easy to perform a search at the Land Registry, identify your house and order current copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.

About to purchase a new build apartment in Wokingham. Conveyancing is a frightening process 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 are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Wokingham

    Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry.

I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Wokingham is where the house is located. Can you shed any light on this issue?

Flying freeholds in Wokingham are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wokingham you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wokingham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

I work for a reputable estate agency in Wokingham where we see a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have received inconsistent advice from local Wokingham conveyancing firms. Please can you confirm whether the owner of a flat can commence the lease extension process for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Leasehold Conveyancing in Wokingham - A selection of Queries Prior to buying

    Does the lease have onerous restrictions? The best form of lease structure is if the freehold interest is owned by the leaseholders. In this scenario the lessees have being in charge if their destiny and although a managing agent is usually retained where the building is larger than a house conversion, the managing agent is directed by the tenants. For many Wokingham leaseholds the cost for major works are not included within maintenance charges, although a few managing agents in Wokingham ask leasehold owners to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance.

How and when do I cover the costs of the Stamp Duty Land Tax chargeable for my Wokingham property purchase?

The majority of conveyancing practitioners will fill out a Land Transaction Return Form for you as part of your Wokingham purchase transaction for signature. After completion your solicitor will submit your Land Transaction application to the Inland Revenue and - as long as they have the money - pay any land tax due on your behalf.

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Sample of conveyancing solicitors in Wokingham regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Wokingham but also conveyancing throughout England and Wales.

  • Clifton Ingram Llp, 22-24 Broad Street, Wokingham, Berkshire, RG40 1BA
  • Charles Platel & Partners (solicitors) Limited, 2 Anvil Court, 50 Denmark Street, Wokingham, Berkshire, RG40 2BB
  • Peter A C Sloan Solicitors, 2 The Courtyard, Denmark Street, Wokingham, Berkshire, RG40 2AZ
  • C J Giles & Co, Evolution House, 53-59 Peach Street, Wokingham, Berkshire, RG40 1XP
  • Fairbrother & Darlow, 13 Milbanke Court, Milbanke Way, Bracknell, Berkshire, RG12 1RP

Residential Landlord and Tenant Conveyancing solicitors in Wokingham

The list below is a non-comprehensive list of solicitors in Wokingham specialising in landlord and tenant law and on the regulations governing different types of tenancies. This should include advice on Rent Act Protected, Assured and Assured Shorthold tenancies

  • Clifton Ingram Llp, 22-24 Broad Street, Wokingham, Berkshire, RG40 1BA
  • Peter A C Sloan Solicitors, 2 The Courtyard, Denmark Street, Wokingham, Berkshire, RG40 2AZ
  • C J Giles & Co, Evolution House, 53-59 Peach Street, Wokingham, Berkshire, RG40 1XP
  • Rowberrys, Sherwood House, 104 High Street, Crowthorne, Berkshire, RG45 7AX
  • The Head Partnership Solicitors Llp, Unit 9, Chalfont Court, Lower Earley District Centre, Lower Earley, Reading, Berkshire, RG6 5SY

Commercial Conveyancing solicitors in Wokingham regulated by the SRA

The firms listed below are a non-comprehensive list of solicitors in Wokingham practicing in commercial conveyancing in Wokingham. This may include advice on complex issues under the Landlord and Tenant Act of 1954
  • Clifton Ingram Llp, 22-24 Broad Street, Wokingham, Berkshire, RG40 1BA
  • Charles Platel & Partners (solicitors) Limited, 2 Anvil Court, 50 Denmark Street, Wokingham, Berkshire, RG40 2BB
  • Peter A C Sloan Solicitors, 2 The Courtyard, Denmark Street, Wokingham, Berkshire, RG40 2AZ
  • C J Giles & Co, Evolution House, 53-59 Peach Street, Wokingham, Berkshire, RG40 1XP
  • Rowberrys, Sherwood House, 104 High Street, Crowthorne, Berkshire, RG45 7AX

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.