In the event thatI were to purchase a straightforward homein Connahs Quay for cash and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Connahs Quay?

Any savings you would make would be isolated to the disbursement for searches. Your lawyer still be obliged to do everything else - money laundering, communicating with the vendors lawyer, stamp duty return, register the property etc. A marginal saving might be made by not having to register a charge however it will not be meaningful.

Why is leasehold purchase conveyancing in Connahs Quay costs more?

The conveyancing charges on a leasehold premises in Connahs Quay is frequently higher than on a freehold acquisition or disposal. This is because there is an amount of additional investigations necessary in communicating with the freeholder and managing agents to collate the evidence concerning whether the rent and service fee have been discharged and whether there are any major works due in the foreseeable future on repairs or maintenance of the block.

Will our lawyer be making enquiries about flooding during the conveyancing in Connahs Quay.

Flooding is a growing risk for lawyers specialising in conveyancing in Connahs Quay. There are those who purchase a property in Connahs Quay, fully expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.

Conveyancers are not best placed to give advice on flood risk, however there are a numerous checks that can be carried out by the purchaser or by their lawyers which will figure out the risks in Connahs Quay. The standard completed inquiry forms given to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) contains a usual inquiry of the vendor to find out whether the property has historically flooded. If flooding has previously occurred and is not revealed by the vendor, then a purchaser may issue a claim for damages stemming from an misleading reply. The purchaser’s conveyancers will also conduct an environmental search. This should reveal whether there is a recorded flood risk. If so, additional investigations should be initiated.

The deeds to my property are lost. The conveyancers who conducted the conveyancing in Connahs Quay 4 years ago no longer exist. Will I be able to sell the house?

Gone are the days when you need to hold title official documentation to establish that you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.

What are your top tips when it comes to finding a Connahs Quay conveyancing firm to deal with our lease extension?

When appointing a conveyancer for lease extension works (regardless if they are a Connahs Quay conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Connahs Quay conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:

Can they put you in touch with clients in Connahs Quay who can give a testimonial?

I acquired a 1st floor flat in Connahs Quay, conveyancing formalities finalised in 2008. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Connahs Quay with a long lease are worth £227,000. The average or mid-range amount of ground rent is £50 yearly. The lease terminates on 21st October 2097

With 71 years left to run we estimate the premium for your lease extension to be between £9,500 and £11,000 plus legals.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.