I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Cheetham Hill is where the house is located. Can you shed any light on this issue?

Flying freeholds in Cheetham Hill are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Cheetham Hill you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cheetham Hill may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Should I be suspicious by brokers that I am dealing with are recommending a web based conveyancing firm rather than a High Street Cheetham Hill conveyancing company?

As with lots of service providers, often referrals from family and friends can be extremely useful or valuable. Nevertheless there are many players in a conveyancing matter; estate agents, financial adviser and lenders might all put forward conveyancers to appoint. Sometimes these lawyers might be known to one of the organisations as being good in their field, but sometimes there might be a commercial relationship behind the recommendation. You have the discretion to appoint your preferred lawyer. Don't forget that many lenders operate an approved list of conveyancers you have to use for the mortgage aspect of your house move.

My husband and I are novice buyers - agreed a price, yet the property agent informed us that the vendor will only move forward if we use their preferred conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a local solicitor accustomed to conveyancing in Cheetham Hill

We suspect that the owner is unaware of this ultimatum. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is not the way to achieve this. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you intend to proceed fast (e)however you will continue to instruct your preferred Cheetham Hill conveyancing solicitors - rather thanthe ones that will give their estate agent a introducer fee or achieve conveyancing figures demanded by corporate headquarters.

Having had my offer accepted I require leasehold conveyancing in Cheetham Hill. Before diving in I would like to find out the number of years remaining on the lease.

If the lease is recorded at the land registry - and almost all are in Cheetham Hill - then the leasehold title will always include the short particulars 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 invested in buying a leasehold flat in Cheetham Hill, conveyancing formalities finalised 7 years ago. How much will my lease extension cost? Comparable flats in Cheetham Hill with over 90 years remaining are worth £170,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ceases on 21st October 2103

With 78 years left to run we estimate the price of your lease extension to be between £7,600 and £8,800 plus legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.

The conveyancing solicitors undertaking our conveyancing in Cheetham Hill has sent papers to review that state the land is unregistered with epitome documents. Why is the property not registred at the Land Registry?

Whilst most properties in Cheetham Hill are now registered with the Land Registry there are still a few that are unregistered. Any property in Cheetham Hill that has been remortgaged since the late 1980’s will have been registered at the HM Land Registry under the compulsory ‘first registration’ scheme. However, if a Cheetham Hill property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Cheetham Hill conveyancing lawyers will be familiar with this type of conveyancing but in the event that uncertainty exists the prevailing advice nowadays seems to be for the seller’s conveyancer to deal with the registration formalities first and thereafter deal with the sale conveyance - this can though naturally result in a protracted transaction.