About to purchase a new build apartment in Littlehampton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Littlehampton

Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

Over the last few months I have been searching for a flat up to £305k and identified one round the corner in Littlehampton I like with amenity areas and railway links nearby, however it's only got 61 remaining years left on the lease. There is not much else in Littlehampton suitable, so just wondered if I would be making a grave error acquiring a short lease?

If you need a home loan that many years will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.

I'm converting the mortgage on my current home to a BTL loan with and I will use the ballance of the raised equity as a down payment on further house. The location we are talking about is Littlehampton. Will your lawyers be able to act for the two mortgage companies and tie in the transactions?

Do use our search tool on this site to ensure that the solicitors are approved by both lenders. On the basis that they are your solicitor will be able to tie up the two conveyancing matters but you should talk with you solicitor and specify your expectations and requirements.

I am looking at a couple of apartments in Littlehampton which have in the region of forty five years unexpired on the leases. Will this present a problem?

A lease is a right to use the premises for a prescribed time frame. As the lease shortens the marketability of the lease deteriorates and it becomes more costly to extend the lease. This is why it is advisable to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease because mortgage lenders may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you get professional help from a conveyancer and surveyor with experience in this area.

I bought a 1 bedroom flat in Littlehampton, conveyancing formalities finalised 1995. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Littlehampton with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease terminates on 21st October 50

With 50 years left to run we estimate the premium for your lease extension to be between £36,100 and £41,800 plus costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.

What can I do where I am dissatisfied with the who carried out our conveyancing in Littlehampton?

Occasionally the level of service you receive is not as you expect, and unfortunately every so often things do go wrong. That being said there is recourse where you were not happy with your conveyancing in Littlehampton. This varies from trying to resolve matters directly with them, through to reporting a to their governing body. If you remain dissatisfied you may consider getting in touch with the Legal Ombudsman.