In the event thatI was to purchase a straightforward homein Lakenheath for cash and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Lakenheath?

The only reduction in fees you would make on is the costs for searches. The conveyancer still be obliged to do everything else - money laundering, communicating with your sellers lawyer, SDLT return, register the property etc. A marginal saving might be made by not having to register a mortgage however it will not be significant.

Are there restrictive covenants that are commonly picked up during conveyancing in Lakenheath?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Lakenheath. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How can the Landlord & Tenant Act 1954 affect my commercial premises in Lakenheath and how can your lawyers assist?

The 1954 Act provides security of tenure to business tenants, giving them the a statutory right to apply to court for a continuation of occupancy when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Lakenheath

Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £300,000 garden flat in Lakenheath next week. The freeholder has quoted £300 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Lakenheath?

Lakenheath conveyancing on leasehold maisonettes ordinarily results in fees being levied by freeholders :

Answering pre-contract enquiries Where consent is required before sale in Lakenheath 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 Lakenheath leasehold premises is £350. For Lakenheath 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 supply answers.

I bought a basement flat in Lakenheath, conveyancing having been completed 6 years ago. How much will my lease extension cost? Similar flats in Lakenheath with an extended lease are worth £180,000. The ground rent is £65 invoiced annually. The lease expires on 21st October 2084

With 59 years left to run we estimate the premium for your lease extension to be between £20,900 and £24,200 plus legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.

I see that you have a post code search directory listing solicitors on the mortgage company conveyancing panel. Do Lakenheath conveyancing firms pay you a referral fee if I retain them for my house purchase?

We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Lakenheath.