I have an AIP. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would prefer to appoint a specialised conveyancing solicitor in Cheadle Hulme?

Do check but the chances are that appoint one of their panel solicitors if you accept the "fee-free" incentive. Call the mortgage company to ask if they make available a monetary alternative. In the past a few lenders offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor near Cheadle Hulme.

My wife and I own a terraced Victorian house in Cheadle Hulme. Conveyancing solicitor represented me and Clydesdale. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??

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 Cheadle Hulme and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing practitioner who conducted the conveyancing.

I am looking for a leasehold apartment up to £195,000 and identified one near me in Cheadle Hulme I like with a park and station nearby, however it only has 51 years unexpired on the lease. There is not much else in Cheadle Hulme in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?

Should you need a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. 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 current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

Having had my offer accepted I require leasehold conveyancing in Cheadle Hulme. Before I get started I would like to find out the unexpired term of the lease.

If the lease is registered - and almost all are in Cheadle Hulme - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I acquired a garden flat in Cheadle Hulme, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Cheadle Hulme with an extended lease are worth £190,000. The ground rent is £45 yearly. The lease finishes on 21st October 2087

You have 62 years remaining on your lease the likely cost is going to range between £17,100 and £19,800 plus costs.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

I am planning to acquire a property and need a conveyancing solicitor in Cheadle Hulme who is on the lender approved panel. Could you point me in the right direction as regards a Cheadle Hulme conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the lender who do conveyancing in Cheadle Hulme. We dont recommend any particular firm.