It has been four months since my purchase conveyancing in Felinheli completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am looking for a ground for flat up to £195,000 and found one round the corner in Felinheli I like with a park and transport links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Felinheli in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?

Should you require a mortgage that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.

My husband and I are 3 weeks into a leasehold purchase having been recommend to a firm by the high street agent to carry out the conveyancing in Felinheli. I am am starting to be frustrated with the quality of service. Could you you assist me in finding new conveyancers?

They would need to be very poor to suggest diss instructing them. Has the mortgage been generated? If so you need to advise them of the new contact details and have the offer are issued to the new lawyers. Your new conveyancer needs to be on the lenders panel to avoid escalating fees and frustration. That should be your first question of the new lawyers. The find a solicitor tool should assist you in finding a bank approved solicitor for your conveyancing in Felinheli

I would like to let out my leasehold flat in Felinheli. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?

Notwithstanding that your last Felinheli conveyancing solicitor is no longer around you can check your lease to check if it allows you to sublet the premises. The accepted inference is that if the lease is non-specific, subletting is permitted. Quite often there is a prerequisite that you need to seek permission from your landlord or some other party prior to subletting. The net result is that you cannot sublet without prior permission. The consent is not allowed to be unreasonably refused ore delayed. If your lease prohibits you from letting out the property you will need to ask your landlord for their consent.

I bought a 1st floor flat in Felinheli, 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? Similar properties in Felinheli with over 90 years remaining are worth £171,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease finishes on 21st October 2104

You have 79 years remaining on your lease the likely cost is going to span between £8,600 and £9,800 as well as legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other 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 based on this information before getting professional advice.

There are a number of houses in Felinheli on private lanes. My partner and I are acquiring one such property. Are there any advantages to buying a property on a privately owned road?

Felinheli conveyancing firms will be well versed in transacting propertieson private. The lawyer should review the title to find any rights or liabilities. It is possible that there is a management company (wholly owned by residents) that residents make annual payments to maintain the road. If one exists, the road will likely be maintained and look better than publicly owned.