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Recently asked questions about conveyancing in Audenshaw

We were about to instruct a conveyancing solicitor in Audenshaw recommended using your search tool but have come across some other fee calculations on the internet appear less expensive – why is this?

There are a variety of conveyancing companies offering what appear to be the cheapest conveyancing in Audenshaw. We would urge you to think long and hard as to how important this transaction is to you that want to take 'cheap' risks in relation to the quality of the conveyancing. Many of them list a low quote as a headline but bury additional charges in the fine print..

I need some expedited conveyancing in Audenshaw as I am faced with a deadline to complete in less than 2 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?

As you are not getting a mortgage you have the choice not to do searches although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Audenshaw the following are instances of what can appear and therefore impact future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Railway Schemes,...

I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Audenshaw is where the house is located. Is there any advice you can give?

Flying freeholds in Audenshaw are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Audenshaw you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Audenshaw 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 residence.

In what way can the Landlord & Tenant Act 1954 impact my business property in Audenshaw and how can your lawyers assist?

The particular law that you refer to affords protection to business leaseholders, giving them the legal entitlement to apply to court for a new lease and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Audenshaw is one of our hundreds of areas of the UK in which our lawyers are based

I am hoping to put an offer on a small detached house that seems to meet my requirements, at a reasonable price which is making it more attractive. I have subsequently discovered that it's a leasehold as opposed to freehold. I would have thought that there are issues buying a house with a leasehold title in Audenshaw. Conveyancing solicitors have are about to be instructed. Will they explain the issues?

The majority of houses in Audenshaw are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are buying in Audenshaw in which case you should be looking for a Audenshaw conveyancing solicitor and check that they are used to advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’spermission to carry out alterations. You may also be required to pay a contribution towards the maintenance of the estate where the house is part of an estate. Your solicitor will appraise you on the various issues.

I bought a studio flat in Audenshaw, conveyancing formalities finalised July 1998. Can you work out an approximate cost of a lease extension? Equivalent flats in Audenshaw with a long lease are worth £197,000. The ground rent is £55 invoiced every year. The lease ends on 21st October 2076

With only 55 years left to run we estimate the price of your lease extension to range between £31,400 and £36,200 as well as professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.