Recently contacted my conveyancing lawyer in Barrow In Furness who acted for me 18 months ago and wanted a conveyancing quote based on the same type of house move (a leasehold residence and a freehold premises) of almost identical values with a mortgage from Accord Mortgages Ltd. I am now being charged double. Should I look for a cheaper online property lawyer?
The charges seem a little high. If you are willing to spend time comparing costs you might shave off some of the cost by say £125. On the other hand, if you were satisfied with the conveyancing the firm gave you mightlive to regret choosing an a cheaper lawyer. Remember to ensure the solicitor can represent Accord Mortgages Ltd. You can utilise our search tool to choose a Barrow In Furness conveyancing firm on the Accord Mortgages Ltd approved list of lawyers, which can often include conveyancing solicitors in Barrow In Furness.
Is there a reason why leasehold purchase conveyancing in Barrow In Furness is more expensive?
Barrow In Furness leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
I have 70 years left on my lease and require a lease extension for my apartment in Barrow In Furness. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 26/9/2025 the requirements read as follows :
I am tempted by the attractive purchase price for a couple of maisonettes in Barrow In Furness which have approximately forty five years left on the lease term. Do I need to be concerned?
A lease is a right to use the property for a prescribed time frame. As the lease gets shorter the saleability of the lease decreases and results in it becoming more costly to acquire a lease extension. This is why it is advisable to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease extension can be a difficult process. We recommend you seek professional assistance from a solicitor and surveyor with experience in this arena.
I invested in buying a 1 bedroom flat in Barrow In Furness, conveyancing was carried out half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Barrow In Furness with a long lease are worth £190,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease ceases on 21st October 2086
You have 61 years remaining on your lease we estimate the premium for your lease extension to be between £19,000 and £22,000 as well as professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.
I am in the market for a dependable conveyancing lawyer in Barrow In Furness to purchase a flat. I am aware of the possibility of getting ripped off and there are various Barrow In Furness conveyancing organisations to choose from...who do I opt for?
If you’ve not instructed a property lawyer previously, a personal recommendation from family or friends is a preferable starting point and is often a good barometer of quality. As an alternative option, view the Law Society’s regional list of solicitors in Barrow In Furness or use our search tool to select a conveyancing lawyer in Barrow In Furness.