I chose a high street lawyer for my conveyancing in Bury recently. After carefully reading the terms of engagement I noteI am liable for costs even where the transaction does not complete. Would I be best advised to instruct an internet firm promoting no move no charge conveyancing in Bury?

Generally there is a concession along the lines that if "No Sale No Fee" is offered then the conveyancing charges will generally be more expensive to counteract the cases that do not go ahead. Please beware that such offerings tend not to protect you from outlay for instance Bury conveyancing search expenses.

I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a house in Bury? or I am told that there is a law dating back centuries that means some house owners residing in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this a legitimate concern for conveyancing in Bury?

Unless a prior purchase of the premises took place after 12 October 2013 you may assume that lawyers carrying out conveyancing in Bury to continue to recommend a chancel search and or insurance against a claim.

How does conveyancing in Bury differ for new build properties?

Most buyers of new build property in Bury contact us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Bury usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bury or who has acted in the same development.

I am a sole trader looking to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering no-move-no fees for non-domestic conveyancing in Bury for less than £2000?

We can recommend firms who have specialist knowledge of commercial conveyancing in Bury, including the sale and purchase of businesses as well as simply property. If you are intending to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can find you the right solicitor. As for the charges these will vary based on the structure and complexity of the proposed transaction. Let us have your details or email us so that we may furnish you with comprehensive commercial conveyancing quote.

I am a negotiator for a busy estate agent office in Bury where we have witnessed a number of leasehold sales derailed due to short leases. I have received conflicting advice from local Bury conveyancing firms. Could you confirm whether the owner of a flat can instigate the lease extension formalities for the buyer?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

Leasehold Conveyancing in Bury - Sample of Queries Prior to buying

It would be wise to discover as much as you can concerning the company managing the block as they can either make your life much easier or uncomfortable. Being a leasehold owner you are frequently at the mercy of the managing agents both financially and when it comes to day to day issues like the cleanliness of the common parts. Ask other people whether they are happy with them. On a final note, investigate as to the dates that the service charges are due to the appropriate party and specifically what it includes. The best form of lease structure is a share of the freehold. In this scenario the lessees enjoy control and although a managing agent is frequently retained if the building is larger than a house conversion, the managing agent is directed by the tenants. Is anyone aware of any major works on the horizon that will add a premium to the maintenance costs?