Just contacted my conveyancing lawyer in Eastwood who conducted the legals 18 months ago requesting a conveyancing estimate based on the same type of house sale & purchase (a leasehold residence and a freehold premises) of almost identical values with a loan from Nottingham Building Society. It looks as though am now being quoted twice the amount. Stick with what I know or do I try and find an alternative conveyancer?

The estimate fees are a little high. If you are prepared to expend time contrasting quotes you could shave off some of the expense by say £125. On the other hand, providing that you were satisfied with the service the firm gave you maycome to rue opting for an an untested conveyancer. Don't forget to ensure the conveyancer can also act for Nottingham Building Society. Do make use of our search tool to choose a Eastwood conveyancing firm on the Nottingham Building Society approved list of lawyers, which can often include conveyancing solicitors in Eastwood.

It is is a decade since I acquired my home in Eastwood. Conveyancing solicitors have now been retained on the sale but I am unable to track down the title documents. Will this cause complications?

Don’t worry too much. Firstly there is a chance that the deeds will be kept by the lender or they could be in the possession of the solicitor who acted in the purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Nearly all conveyancing in Eastwood involves registered property but in the unlikely event that your home is not registered it is more tricky but is resolvable.

I am looking for a leasehold apartment up to £245,000 and identified one round the corner in Eastwood I like with a park and railway links nearby, the downside is that it only has 61 years on the lease. There is not much else in Eastwood in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?

Should you require a home loan that many years will be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.

What does commercial conveyancing in Eastwood cover?

Eastwood conveyancing for business premises incorporates a broad array of guidance, offered by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

Expecting to complete next month on a leasehold property in Eastwood. Conveyancing lawyers assured me that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?

Your report on title for your leasehold conveyancing in Eastwood should include some of the following:

Who has the liability to repair and maintain the main walls and foundations. It is essential that you know who is duty bound to repair and maintenance of every part of the building Repair and maintenance of the flat You should have a good understanding of the building insurance provisions The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Specifying your legal entitlements in respect of the communal areas in the block.For example, does the lease include a right of way over an accessway or hallways?

I inherited a ground floor flat in Eastwood, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Eastwood with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 levied per year. The lease comes to an end on 21st October 2085

With only 60 years remaining on your lease we estimate the price of your lease extension to be between £20,000 and £23,000 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.