My partner’s uncle is a conveyancer. I hope that I will be offered friends and family pricing for conveyancing, However if that does not come materialise, what level of fees should I be paying for conveyancing in Blackwell?

It’s prudent to get multiple conveyancing quotes. Do use our comparison tool on this site. You will notice that charges will vary but service levels do differ between conveyancers as is true with the vast majority of professional services.

My conveyancer has identified a a legal deficiency with the lease for the flat we are purchasing in Blackwell. The other side have put forward defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our conveyancing practitioner has advised that he must ensure that the lender is willing to move forward with this solution. Who is the client here, us or the lender?

Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the mortgage company are the client. The appropriate lender provisions have to be complied with.

There is lots of information on this site regarding conveyancing in Blackwell but what is your top tip for appointing the right conveyancer in Blackwell

We would encourage you not to go for the cheapest Blackwell conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.

My wife and I purchasing a 4 bedroom semi-detached house in Blackwell. We would like to carry out an extension to the side at the house.Will the conveyancing process include enquiries to ascertain if these alterations are permitted?

Your solicitor will review the deeds as conveyancing in Blackwell will occasionally identify restrictions in the title deeds which prohibit categories of alterations or necessitated the consent of a 3rd party. Certain extensions require local authority planning permissions and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.

Are all Blackwell Conveyancing Quality Solicitors on the TSB conveyancing panel?

Some major banks and building societies now use CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.

Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when buying a house in Blackwell?

Unless a previous purchase of the house completed post 12 October 2013 you could take it that solicitors handling conveyancing in Blackwell to continue to propose a a chancel search and or insurance against a claim.

I am looking at a couple of flats in Blackwell both have in the region of fifty years left on the lease term. Should I regard a short lease as a deal breaker?

There is no doubt about it. A leasehold apartment in Blackwell is a deteriorating asset as a result of the reducing lease term. The closer the lease gets to its expiry date, the more it reduces the salability of the property. For most purchasers and banks, leases with less than eighty years become less and less marketable. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Blackwell conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I purchased a studio flat in Blackwell, conveyancing having been completed in 1998. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Blackwell with a long lease are worth £265,000. The ground rent is £50 invoiced every year. The lease ends on 21st October 2102

You have 76 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 plus legals.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be 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 before seeking the advice of a professional.