Do the conveyancing lawyers identified via your search tool handle attended exchange conveyancing in Isleworth?

There are a few conveyancing experts carrying out 24hr exchanges. Please e-mail us to obtain a fee calculation and details as to availability.

I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Isleworth I like with a park and station nearby, the downside is that it only has 61 years unexpired on the lease. There is not much else in Isleworth for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?

Should you require a home loan that many years will be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.

My husband and I are new on the property ladder - agreed a price, yet the selling agent advised that the seller will only issue a contract if we instruct their preferred lawyers as they want an ‘expedited deal’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in Isleworth

It is highly unlikely the owners are driving this. Should the seller require ‘a quick sale', alienating a serious purchaser is likely to cause more damage than good. Speak to the owners direct and explain that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you intend to use your preferred Isleworth conveyancing firm - not the ones that will earn their estate agent a commission or hit his conveyancing thresholds demanded by senior management.

I am attracted to a couple of maisonettes in Isleworth both have approximately 50 years unexpired on the leases. should I be concerned?

There are plenty of short leases in Isleworth. The lease is a right to use the property for a prescribed time frame. As a lease shortens the marketability of the lease deteriorates and it becomes more expensive to acquire a lease extension. This is why it is generally wise to increase the term of the lease. More often than not it is difficult to sell a property with a short lease because mortgage companies may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We advise that you get professional help from a solicitor and surveyor with experience in this field.

I am the proprietor of a a ground floor purpose built flat in Isleworth. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?

Where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to calculate the price payable.

An example of a Lease Extension matter before the tribunal for a Isleworth premises is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case affected 1 flat. The unexpired term as at the valuation date was 60.45 years.

To what extent are Isleworth conveyancing solicitors duty bound by the Law Society to supply clear conveyancing costs?

Contained within the Solicitors Code of Conduct are specific rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be interpreted as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, constitute the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Isleworth or further afield.