I am buying a new build flat in Rayleigh. 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 conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Rayleigh

Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared.

I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a simple, no chain conveyancing. Rayleigh is where the house is located. What do you suggest?

Flying freeholds in Rayleigh are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rayleigh you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rayleigh 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.

Is it possible to transfer to a new conveyancer as I have to find a firm on the Clydesdale conveyancing panel. I had appointed a high street conveyancing solicitor in Rayleigh five minutes from me but he is not approved by Clydesdale

We will our best to assist in finding you a conveyancing solicitor in Rayleigh on the Clydesdale panel. Please note that the law firms that we list do not pay us a referral fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Rayleigh. Using search facility on this page, you can contrast costs for conveyancing solicitors in Rayleigh and beyond.

Do you have any advice for leasehold conveyancing in Rayleigh from the perspective of expediting the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Rayleigh can be reduced where you appoint lawyers the minute you market your property and ask them to put together the leasehold information which will be required by the buyers’ solicitors.
Many freeholders or Management Companies in Rayleigh levy fees for providing management packs for a leasehold premises. You or your lawyers should enquire as to the fee that they propose to charge. The management pack sought on or before finding a buyer, thus reducing delays. The typical amount of time it takes to receive management information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Rayleigh. If you are supposed to have a share in the Management Company, you should ensure that you are holding the original share document. Organising a re-issued share certificate can be a lengthy formality and delays many a Rayleigh conveyancing transaction. Where a duplicate share certificate is necessary, do contact the company officers or managing agents (if applicable) for this sooner rather than later. You believe that you know the number of years left on your lease but you should double-check via your lawyers. A purchaser's lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the remaining number of years is under 75 years. In the circumstances it is important at an early stage that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale. If you have had any disputes with your landlord or managing agents it is very important that these are settled before the property is put on the market. The purchasers and their solicitors will be warry about purchasing a property where there is a current dispute. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to present the dispute as over as opposed to ongoing.

I am the registered owner of a 1 bedroom flat in Rayleigh, conveyancing formalities finalised 6 years ago. How much will my lease extension cost? Equivalent properties in Rayleigh with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease ends on 21st October 2087

With only 61 years left to run we estimate the premium for your lease extension to range between £18,100 and £20,800 as well as costs.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.

We are in the middle of buying a residence in Rayleigh. Conveyancing lawyer has told us the property is "Leasehold". Does this adversely affect our lender’s valuation?

Rayleigh conveyancing does not ordinarily involve leasehold houses. The main consideration here is the length of lease and the ground rent. If there are over a hundred years remaining with a nominal rent, it's virtually freehold, so it’s unlikely to affect the value significantly.

On the flip side, if it's, say, fifty five years it will have a material effect on the saleability, and probably wouldn't be mortgageable. The remaining lease term and ground rent will be set out in the lease provided to your conveyancer.