IfI were to purchase a straightforward propertyin Derbyshire mortgage fee and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Derbyshire?

Any savings you would make would be isolated to the disbursement for searches. Your property lawyer is required to do the vast majority of work - money laundering, liaising with the vendors conveyancing practitioner, stamp duty return, register the ownership etc. You might save a bit for them not having to register a charge however it will not be significant.

Just had an offer accepted on a new build flat in Derbyshire. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Derbyshire

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan.

Due to the input of my in-laws I had a survey completed on a property in Derbyshire ahead of retaining lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some banks may refuse to grant a loan on such a property.

It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Derbyshire. Conveyancing will be smoother if you use a solicitor in Derbyshire especially if they are acquainted with such properties in Derbyshire.

I have been recommended by a number of property agents in Derbyshire to get a quote from a solicitor using your seach tool. Is there a financial incentive for Estate Agents to market your services ahead of a competitor’s?

We refuse to make any commission for pointing buyers and sellers in our direction. We found it would be just too difficult to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.

I only have Sixty One years unexpired on my lease in Derbyshire. I now want to extend my lease but my freeholder is missing. What options are available to me?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. You will be obliged to prove that you have used your best endeavours to locate the landlord. For most situations an enquiry agent should be helpful to try and locate and prepare an expert document which can be used as proof that the landlord can not be located. It is wise to seek advice from a solicitor both on devolving into the landlord’s absence and the application to the County Court overseeing Derbyshire.

Derbyshire Conveyancing for Leasehold Flats - A selection of Queries Prior to buying

You should be aware if it is less than eighty years it will affect the salability of the apartment. It is worth checking with your lender that they are content with the length of the lease. Leases with less than 80 years remaining means that you will probably have to extend the lease at some point and you need to have some idea of how much this would cost. For most Derbyshirelease extensions you would need to own the property for a couple of years before you are legally able to exercise a lease extension. What prohibitions are contained in the Derbyshire Lease? Best to be warned if changing the roof or some other significant cost is pending that will be shared by the tenants and will materially impact the level of the maintenance costs or require a specific payment.