As I am unsure how the conveyancing process works what is the most important advice you can impart concerning purchase conveyancing in Leconfield?

You may not hear this from too many lawyers but conveyancing in Leconfield and elsewhere in England and Wales is an adversarial process. In other words, when it comes to conveyancing there exists plenty of opportunity for conflict between you and other parties involved in the ownership transfer. E.g., the vendor, estate agent and even potentially the lender. Selecting a law firm for your conveyancing in Leconfield should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the transaction whose responsibility is to act in your legal interests and to keep you safe.

On occasion a third party with a vested interest will try and sway you that it is in your interests to do things their way. As an example, the estate agent may claim to be helping by suggesting your lawyer is wrong. Or your mortgage broker may try to convince you to do take action that is against your conveyancers advice. You should always trust your lawyer above all other parties in the conveyancing process.

I am selling my apartment in Leconfield. Will my property lawyer have to be required to be on the Virgin Money conveyancing panel in order to deal with paying off my mortgage?

Ordinarily, even if your lawyer is not on the Virgin Money conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.

I am looking for a leasehold apartment up to £245,000 and found one round the corner in Leconfield I like with amenity areas and transport links nearby, however it only has 49 remaining years left on the lease. I can't really find anything else in Leconfield in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you need a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

Having had my offer accepted I require leasehold conveyancing in Leconfield. Before diving in I would like to find out the unexpired term of the lease.

Assuming the lease is registered - and most are in Leconfield - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I am the registered owner of a ground floor flat in Leconfield, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Leconfield with over 90 years remaining are worth £211,000. The ground rent is £50 yearly. The lease expires on 21st October 2092

With 68 years left to run the likely cost is going to be between £9,500 and £11,000 as well as legals.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do 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. Please do not take any other action based on this information without first getting professional advice.

A mortgage agreement from a bank for the refinancing of my 3 bedroom flat is to be issued within the next few days. Can you suggest a low cost remortgage conveyancing practitioner in Leconfield ?

This site is not designed to help in pursuit of the cheapest conveyancing in Leconfield. We can offer you value for money conveyancing but we do not aim to work with the cheapest lawyers. Resist the temptation to appoint companies offering £99 conveyancing in Leconfield.At best, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in additional fee and still not receive the service you were looking for.