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Find a Great Shelford Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Great Shelford? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Great Shelford transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Great Shelford

I used Wolstenholmes a few years ago for my conveyancing in Great Shelford. I now require my file however cannot find the solicitor. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Great Shelford of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

About to purchase a new build flat in Great Shelford. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Great Shelford

    There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.

I decided to have a survey done on a property in Great Shelford in advance of instructing solicitors. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some lenders will refuse to issue a loan on a flying freehold premises.

It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you contact us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Great Shelford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Great Shelford to see if the conveyancing will be more expensive.

We expect to complete the disposal of our £200,000 maisonette in Great Shelford in just under a week. The managing agents has quoted £324 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Great Shelford?

For the majority of leasehold sales in Great Shelford conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Answering conveyancing due diligence questions Where consent is required before sale in Great Shelford Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Great Shelford leasehold premises is £350. For Great Shelford conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to provide answers.

I inherited a 1 bedroom flat in Great Shelford, conveyancing having been completed 9 years ago. Can you work out an approximate cost of a lease extension? Similar properties in Great Shelford with over 90 years remaining are worth £175,000. The ground rent is £65 invoiced annually. The lease expires on 21st October 2082

With 58 years left to run we estimate the premium for your lease extension to be between £23,800 and £27,400 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.

Two months into buying a residence in Great Shelford. Conveyancing solicitor has phoned to say the property is "Leasehold". Does this adversely affect the salability of the property?

Great Shelford conveyancing does not usually involve leasehold houses. The crucial consideration here is the unexpired lease term and the ground rent. If it's 999 years with a nominal rent, it's virtually freehold, so it’s unlikely to impact the marketability too much.

At the other extreme, if it's, say, 50 years it will have a adverse effect on the value, and probably wouldn't be acceptable to the bank. The length of lease and ground rent will be stated in the lease which should be made available to your property lawyer.

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Find out more about how flying freehold can affect your the value of a property.