We were about to retain a conveyancing solicitor in Lincolnshire endorsed using your comparison tool but stumbled across alternative quotes via the web appear less expensive – why is this?

There are lots of conveyancing companies offering theoretically looks to be cut price. You should give due consideration about how important this transaction is to you that want to be penny wise pound foolish over the quality of the legal work. Many of them list a cheap quote to tease you but hide supplemental charges in the fine print..

My brother-in-law has suggested I instruct a conveyancing solicitor in Lincolnshire. I need to find out whether they are on the Barclays approved list of lawyers. Can you assist?

The first thing to do is contact your conveyancer and enquire whether they are on the lender panel. Alternatively you can call Barclays who may be able to assist.

Given that I will soon spend £400,000 on a house in Lincolnshire I would like to talk to a solicitor about mytransaction before appointing the firm. Is this something that you can arrange?

Absolutely - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor who will be conducting your conveyancing in Lincolnshire.There is no ‘factory style conveyancing’ - each client is unique person, not a file reference. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Lincolnshire should be the amount on the final invoice that you are charged.

My uncle has recommend that I appoint his conveyancers in Lincolnshire. Should I use them?

There are no two ways about it the best way to choose a conveyancing practitioner is to get feedback from friends or family who have used the conveyancer that you are considering.

I am looking at a couple of flats in Lincolnshire which have approximately 50 years left on the leases. Should I regard a short lease as a deal breaker?

There is no doubt about it. A leasehold apartment in Lincolnshire is a wasting asset as a result of the reducing lease term. The closer the lease gets to its expiry date, the more it reduces the marketability of the property. The majority of buyers and banks, leases with under 75 years become less and less attractive. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Lincolnshire conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Lincolnshire Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying

Does the lease include onerous restrictions? Can you inform me if there are any major works in the near future that will likely add a premium to the service fees? The best form of lease structure is if the freehold interest is in the ownership of the leaseholders. In this arrangement the lessees enjoy being in charge if their destiny and even though a managing agent is often retained if it is larger than a house conversion, the managing agent is directed by the tenants.