AssumingI was to purchase a straightforward propertyin Cubitt Town for cash and have no survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Cubitt Town?

The sole saving you would achieve is the Cubitt Town conveyancing searches. Your conveyancer still got to do everything else - money laundering, communicating with the sellers lawyer, SDLT return, register the property etc. You might save a bit for them not having to register a mortgage but it will not be a lot.

Why is leasehold purchase conveyancing in Cubitt Town is more expensive?

In short, leasehold conveyancing in Cubitt Town and elsewhere usually involve additional work compared to freehold transactions. This includes reviewing the lease, corresponding with the landlord about serving applicable notices, procuring up-to-date service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.

I need some quick conveyancing in Cubitt Town as I am faced with pressure to sign on the dotted line within one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?

As you are are a mortgage free buyer you are at liberty not to have searches conducted although no lawyer would recommend that you don't. With plenty of history conveyancing in Cubitt Town the following are examples of what can crop up and therefore affect future mortgageability: Enforcement Actions, Outstanding Fees, Outstanding Grants, Railway Schemes,...

I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Cubitt Town is the location of the property. Can you offer any guidance?

Flying freeholds in Cubitt Town are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cubitt Town you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cubitt Town may determine 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.

I’m about to sell my ground floor flat in Cubitt Town. Conveyancing has not commenced, however I have just received a half-yearly service charge demand – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should clear the service charge as normal as all ground rent and service invoices will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I own a basement flat in Cubitt Town. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?

Most certainly. We are happy to put you in touch with a Cubitt Town conveyancing firm who can help.

An example of a Freehold Enfranchisement matter before the tribunal for a Cubitt Town flat is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case affected 3 flats. The remaining number of years on the lease was 101.61 years.