My previous lawyer has given a fee estimate £995 for leasehold conveyancing in Biddenham. I am selling a Edwardian detached home for £225,000. Are these estimated fees excessive? Is it in excess of the average fee for conveyancing in Biddenham?

The estimate does seem marginally overpriced. If you are willing to spend time contrasting charges you could get the conveyancing a bit cheaper by perhaps £100 plus VAT. On the other hand, you mightlive to regret choosing an an unknown lawyer. Remember to enquire the solicitor can act for your bank. You can use our search tool to get a quote a Biddenham conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Biddenham.

I am the registered owner of a freehold property in Biddenham but still pay rent, why is this and what is this?

It’s unusual for properties in Biddenham and has limited impact for conveyancing in Biddenham 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.

I have been referred to a conveyancing solicitor in Biddenham. I I would like to check if they are accepted on the conveyancing panel. Could you assist?

You should call your solicitor and ask them if they can act for the bank. Otherwise you should get in touch with who may be able to confirm.

I have been on the look out for a flat up to £235,500 and identified one near me in Biddenham I like with amenity areas and station nearby, the downside is that it only has 61 remaining years left on the lease. There is not much else in Biddenham in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you need a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.

I need to retain a conveyancing solicitor for sale conveyancing in Biddenham. I happened to discover a site which appears to be the ideal offering If there is a chance to get all formalities done via email that would be preferable. Should I be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?