Last December we completed a house move in Chapel Allerton. We have noticed several problems with the house which we believe were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been ordered as part of conveyancing in Chapel Allerton?

It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in Chapel Allerton. Conveyancing searches and investigations initiated during the legal transfer of property are supposed to help avoid problems. As part of the process, the vendor fills in a document referred to as a SPIF. answers turns out to be misleading, you could possibly take legal action against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Chapel Allerton.

We are planning to buy with Earl Shilton BS. I visited a couple of local practices but am struggling to find a Chapel Allerton conveyancing firm on the Earl Shilton BS approved list. Could you help?

Please do make the most of the search tool on this web page. Pick the building society and type Chapel Allerton or your preferred area and you will discover a number of lawyer based in Chapel Allerton or by proximity to you.

I require expedited conveyancing in Chapel Allerton as I am faced with a deadline to sign on the dotted line in less than one month. Luckily I do not need a mortgage. Can I avoid the conveyancing searches to save money and time?

If.Given you are are a mortgage free purchaser you are at free not to do searches although no conveyancer would recommend that you don't. With lots of history conveyancing in Chapel Allerton the following are instances of issues that can be revealed and therefore impact the marketability of the property: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...

Over the last few months I have been searching for a ground for flat up to £195,000 and found one near me in Chapel Allerton I like with amenity areas and transport links nearby, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Chapel Allerton in this price bracket, so just wondered if I would be making a grave error buying a short lease?

Should you need a home loan the shortness of the lease will be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.

I am attracted to a couple of apartments in Chapel Allerton which have approximately fifty years unexpired on the leases. Will this present a problem?

There are no two ways about it. A leasehold flat in Chapel Allerton is a deteriorating asset as a result of the shortening lease. The closer the lease gets to zero years unexpired, the more it reduces the salability of the premises. The majority of buyers and mortgage companies, 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 Chapel Allerton conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed 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 own a 1 bedroom flat in Chapel Allerton, conveyancing was carried out 6 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Chapel Allerton with a long lease are worth £206,000. The ground rent is £45 charged once a year. The lease ends on 21st October 2089

With only 65 years left to run the likely cost is going to range between £13,300 and £15,400 as well as costs.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.