Can you explain why leasehold purchase conveyancing in Boldon Colliery costs more?

In summary, leasehold conveyancing in Boldon Colliery and elsewhere usually necessitates more work compared to freehold conveyancing. This includes reviewing the lease, communicating with the landlord about serving applicable notices, obtaining up-to-date service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first granted.

My wife and I purchased a terraced Edwardian house in Boldon Colliery. Conveyancing lawyer acted for me and TSB. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold with the matching property. I thought I was buying a freehold how can I check?

You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Boldon Colliery and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing practitioner who conducted the purchase.

I am buying a new build apartment in Boldon Colliery. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Boldon Colliery

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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan.

I was pointed in your direction by three or four local selling agents in Boldon Colliery to locate a conveyancer on your site. What’s the financial incentive for Estate Agents to offer your site rather than alternative conveyancing organisations?

We don’t give any commission for directing people in our direction. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

My uncle has recommend that I instruct his conveyancers in Boldon Colliery. Should I use them?

There are no two ways about it the best way to choose a conveyancing solicitor is to have referrals from friends or family who have used the solicitor that you are are thinking of instructing.