Recently contacted my conveyancing lawyer in Stoke Gifford who completed the legal work two years ago and wanted a conveyancing costs illustration based on an identical type of home move (a leasehold residence and a freehold premises) of almost identical values with a mortgage from Yorkshire Building Society. I am now being charged double. Should I look for a cheaper internet conveyancer?

The quote is slightly on the high side. If you you were to look around you may be able to decrease the fees marginally by say a hundred pounds. That being said, assuming were pleased with the legal work the firm gave you couldcome to rue opting for an an unknown conveyancer. Remember to be sure that the firm can act for Yorkshire Building Society. You can use our search tool to locate a Stoke Gifford conveyancing firm on the Yorkshire Building Society approved list of lawyers, which can often include conveyancing solicitors in Stoke Gifford.

I purchased a freehold premises in Stoke Gifford but still charged rent, why is this and what is this?

It’s unusual for properties in Stoke Gifford and has limited impact for conveyancing in Stoke Gifford but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.

Just had an offer accepted on a new build flat in Stoke Gifford. 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 selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Stoke Gifford

There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.

I have been on the look out for a ground for flat up to £305k and identified one near me in Stoke Gifford I like with open areas and railway links nearby, however it's only got 51 years unexpired on the lease. There is not much else in Stoke Gifford for this price, so just wondered if I would be making a mistake buying a short lease?

If you need a mortgage that many years may be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.

How straightforward is it to use your search app to get a fee calculation from a conveyancing solicitor in Stoke Gifford on the approved list for my lender?

First select a mortgage company such as Lloyds TSB Bank, The Royal Bank of Scotland or TSB then type in your preferred area for example Stoke Gifford. Conveyancing practices in Stoke Gifford and across England and Wales should be shown.