The estate agent has sent us the confirmation of our purchase of a new build flat in Streetly. Conveyancing is a frightening process 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.

Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Streetly

Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I have been on the look out for a flat up to £305k and found one round the corner in Streetly I like with amenity areas and station nearby, however it only has 61 years unexpired on the lease. There is not much else in Streetly suitable, so just wondered if I would be making a grave error acquiring a short lease?

Should you require a mortgage that many years will be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.

I am looking to sell my house. My previous lawyers has retired. I am in need of a recommendation of a conveyancing firm. Im based in Streetly if that affects matters.

Please use our search tool to help you find a solicitor for your conveyancing in Streetly. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.

I’m about to sell my garden flat in Streetly. Conveyancing solicitors are to be appointed soon, but I have recently had a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?

It best that you pay the service charge as you normally would as all ground rent and maintenance payments will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I am the registered owner of a basement flat in Streetly, conveyancing was carried out in 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Streetly with an extended lease are worth £165,000. The average or mid-range amount of ground rent is £45 per annum. The lease ends on 21st October 50

You have 50 years left to run we estimate the price of your lease extension to be between £36,100 and £41,800 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed 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. You should not move forward placing reliance on this information before seeking the advice of a professional.

How much experience do your Streetly conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?

Streetly conveyancing lawyers help thousands of people move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Streetly conveyancers have worked on recent similar matters.