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Recently asked questions about conveyancing in Low Moor

My friend recommended that where I am buying in Low Moor I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is usually quoted for as part of the standard Low Moor conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Low Moor around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Low Moor Education with plans and statistics, Local Amenities and other useful information about Low Moor.

I am looking for a leasehold apartment up to £195,000 and found one near me in Low Moor I like with a park and railway links nearby, however it's only got 51 years unexpired on the lease. There is not much else in Low Moor in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a mortgage the shortness of the lease will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you could request that they start the process of the extension and pass 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 consult your conveyancing lawyer regarding this matter.

Given that I will soon part with over three hundred thousand on a house in Low Moor I wish to talk to a conveyancer about myhouse move before instructing the firm. Is this something that you can arrange?

This is something that we encourage - we would be pleased to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your conveyancing in Low Moor.There is no ‘factory style conveyancing’ - each client is an important individual, not a file reference. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Low Moor should be the figure that you are charged.

I am hoping to put an offer on a small detached house that appears to meet my requirements, at a great figure which is making it more attractive. I have just discovered that it's a leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Low Moor. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Low Moor ?

Most houses in Low Moor are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Low Moor in which case you should be looking for a Low Moor conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as requiring the freeholder’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the maintenance of the estate where the property is located on an estate. Your solicitor should appraise you on the various issues.

I own a leasehold flat in Low Moor, conveyancing having been completed in 1996. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Low Moor with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease runs out on 21st October 2087

With 61 years left to run we estimate the price of your lease extension to span between £19,000 and £22,000 as well as legals.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you 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 concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.

There are a number of properties in Low Moor on unadopted lanes. We are acquiring such a house. What would be the advantages and disadvantages of buying a property on a privately owned road?

Low Moor conveyancing lawyers will be familiar with conveyancing houseson unadopted roads. The conveyancer will review the title to find any rights or responsibilities. It is possible that there is a management company (wholly owned by residents) that proprietors make annual payments to maintain the road. If there is one, the road will likely be maintained and look nicer than publicly maintained.

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