We decided to go with a high street firm for our conveyancing in Woodhouse and Handsworth recently. Upon checking the Terms and Conditions it is apparent thatwe are responsible for charges even where the conveyance does not complete. Should I go with them or use an internet solicitor practice offering no completion no charge conveyancing in Woodhouse and Handsworth?
It is usually ‘give and take’ in that if "No Sale No Fee" is offered then the fee levels will tend to be be higher to counteract those transactions that do not proceed. Also remember that such offerings rarely protect you from disbursements such as Woodhouse and Handsworth conveyancing search expenses.
Various web forums that I have visited warn that are the main reason for obstruction in Woodhouse and Handsworth conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of holding up conveyancing in Woodhouse and Handsworth.
How does conveyancing in Woodhouse and Handsworth differ for newly converted properties?
Most buyers of new build residence in Woodhouse and Handsworth approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because builders in Woodhouse and Handsworth usually 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 Woodhouse and Handsworth or who has acted in the same development.
In sourcing the world wide web for the words on line conveyancing in Woodhouse and Handsworth it shows results of many conveyancersin the area. With so much choice what is the best way to find the right property lawyer for purchase transaction?
The best way of choosing a suitable conveyancer is via personal testimonial, so ask colleagues and those you trust who have acquired a property in Woodhouse and Handsworth or a reputable estate agent or mortgage broker. Fees for conveyancing in Woodhouse and Handsworth vary, so it's advisable to request at least four estimates from varying types of property lawyers. Dont forget to clarify that the charges are guaranteed not to increase.
I am employed by a long established estate agent office in Woodhouse and Handsworth where we see a number of leasehold sales jeopardised due to short leases. I have received contradictory information from local Woodhouse and Handsworth conveyancing solicitors. Can you confirm whether the vendor of a flat can initiate the lease extension formalities 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 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 for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder 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 buyer.
Leasehold Conveyancing in Woodhouse and Handsworth - A selection of Queries Prior to Purchasing
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Who are the managing agents? It would be wise to discover as much as possible concerning the company managing the block as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to every day issues like the upkeep of the common parts. Enquire of other people whether they are happy with their management. Finally, find out the dates that the service charges are due to the managing agents and specifically what you get for your money. Where a Woodhouse and Handsworth lease has no more than 80 years it will impact the marketability of the property. Check with your mortgage company that they are content with remaining years on the lease. A short lease means that you will most likely require a lease extension at some point and you need to have some idea of what this will be. For most Woodhouse and Handsworthlease extensions you would be be obliged to have been the owner of the premises for 24 months in order to be eligible to exercise a lease extension.
My wife and I recently found out that one of the directors of the conveyancing practice undertaking the purchase conveyancing in Woodhouse and Handsworth is an aunty of the seller. Is this acceptable?
Provided there is no conflict of interest this is allowable. Where you are needing a mortgage then the lender may have a say as many banks have specific instructions on this. For example for Royal Bank of Scotland -Natwest One as of 12/3/2025, the requirements read as follows :