Residential Conveyancing - Level 3
This full-day course is tailored for intermediate-level conveyancers who aim to advance to senior-level positions and handle complex conveyancing matters. It is an ideal choice for those who have previously completed our Residential Conveyancing Level 2 course and those looking to specialize in new builds.
The training program will concentrate on the intricacies of buying and selling new build properties, including both freehold and leasehold properties and new-build shared ownership properties. Upon completion, you will have a firm grasp of the steps involved in dealing with the sale or purchase of a new build property, including the additional requirements that come with it.
You will also learn what to look for when reviewing the lease and management pack, as well as the importance of timely reporting to your client so they can make a fully informed decision. Moreover, you will gain knowledge about post-completion matters, such as submitting and paying SDLT/LTT, serving notices to the landlord or management company, and applying to the HMLR.
By attending this course, you will gain valuable skills and expertise that will help you progress in your career as a conveyancer, and successfully handle complex conveyancing matters with confidence.
- Recap of Residential Conveyancing Level 1 and Level 2
- Introduction to New Build Properties
- Differences between Freehold New Builds and Leasehold New Builds
- Understanding the New Build Documentation Pack
- Drafting a New Build Contract and Transfer or Lease
- Understanding Shared Ownership Properties
- Searches, Planning, and Building Regulation Documentation for New Builds
- Understanding NHBC or Equivalent Documentation
- Lender's Requirements on New Builds
- Pre-Exchange File Review and Completion Notices
- Preparing a New Build Title Report for Clients
- Exchange of Contracts and Completion Notices for New Builds
- Pre-Completion Client Inspection of the Property
- Post Completion Matters for New Builds
By the end of this course, you will have gained a comprehensive understanding of the intricacies involved in dealing with the sale and purchase of a New Build residential property, including the leasehold aspect.
You will learn what to particularly look for when reviewing and drafting the new-build agreement, transfer, or lease, and how to pay special attention to the documentation.
You will also acquire the knowledge to manage your client's expectations regarding the actual completion date and report to them accordingly, empowering them to make informed decisions.
Furthermore, you will gain the skills to pay particular attention when exchanging contracts, and to ensure that a mechanism is in place to handle post-exchange matters. Completion is usually on notice, and there is often a long gap between exchange and completion dates, so it is essential to be well-prepared for this scenario.
Overall, this course will equip you with the knowledge and expertise to confidently navigate the complexities of buying and selling New Build properties, allowing you to provide a high level of service to your clients while also progressing in your career as a conveyancer.