Why is leasehold purchase conveyancing in Garston is more expensive?

The conveyancing charges on a leasehold premises in Garston is inevitably greater as compared to a freehold acquisition or disposal. This is due to the additional time required in dealing with the landlord and management company to obtain evidence about whether the rent and service fee have been cleared and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the building.

Given that I will soon spend hundreds of thousands of pounds on a terraced house in Garston I wish to talk to a conveyancer about myhouse move ahead of giving the go ahead to the firm. Can this be arranged?

This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor due to be doing your property ownership legalities in Garston.There is no ‘factory style conveyancing’ - every client is unique individual, not a file reference. The practices that we put you in touch with believe that the fees you are quoted for residential conveyancing in Garston should be the amount on the final invoice that you are charged.

I am one month into a leasehold purchase having been recommend to conveyancers by the selling agent to do our conveyancing in Garston. I am not happy. Could you help me find new solicitors?

A lawyer would have to be really poor in order to consider replacing them. Has your mortgage been sent? If so you need to make them aware of the new contact details and have the offer are re-sent. The solicitor ideally needs to be on the mortgage company panel to avoid added expenses and delays. So that should be your first question of the new conveyancers. Our find a solicitor tool will help you find a bank approved solicitor for your home move in Garston

Having checked my lease I have discovered that there are only 62 years remaining on my flat in Garston. I need to extend my lease but my freeholder is can not be found. What should I do?

If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. However, you will be required to prove that you or your lawyers have done all that could be expected to find the lessor. For most situations an enquiry agent would be useful to conduct investigations and prepare an expert document to be accepted by the court as proof that the freeholder is indeed missing. It is advisable to get professional help from a conveyancer in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court covering Garston.

I invested in buying a 1 bedroom flat in Garston, conveyancing having been completed 7 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Garston with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 per annum. The lease runs out on 21st October 2105

With only 80 years left to run the likely cost is going to be between £8,600 and £9,800 plus legals.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.

Should I cancel the direct debit for my mortgage with HSBC once a completion date for my home sale in Garston has been set?

You are best advised to continue paying any mortgage payments to HSBC until the mortgage is repaid from the proceeds of sale as part of your Garston conveyancing.