We see that you have a post code search directory identifying solicitors on the Principality conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in Maidenhead?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Maidenhead.
What does a local search tell me about the property my wife and I buying in Maidenhead?
Maidenhead conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company for instance Onsearch The local search is essential in every Maidenhead conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search should provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
Due to the guidance of my in-laws I had a survey completed on a house in Maidenhead in advance of retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies may refuse to issue a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Maidenhead. Conveyancing will be smoother if you use a solicitor in Maidenhead especially if they are accustomed to such properties in Maidenhead.
I today plan to offer on a house that seems to be perfect, at a reasonable figure which is making it more attractive. I have since been informed that it's a leasehold rather than freehold. I would have thought that there are issues buying a house with a leasehold title in Maidenhead. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Maidenhead ?
The majority of houses in Maidenhead are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can help the conveyancing process. it is apparent that you are purchasing in Maidenhead so you should seriously consider shopping around for a Maidenhead conveyancing practitioner and be sure that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example obtaining the freeholder’spermission to carry out changes to the property. You may also be required to pay a service charge towards the upkeep of the communal areas where the house is located on an estate. Your lawyer should report to you on the legal implications.
I own a 2 bed flat in Maidenhead, conveyancing was carried out 8 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Maidenhead with over 90 years remaining are worth £181,000. The ground rent is £55 charged once a year. The lease ceases on 21st October 2072
You have 51 years left to run we estimate the price of your lease extension to range between £30,400 and £35,200 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.
Is there a reason that Maidenhead conveyancing charges are higher for leasehold and freehold properties?
If acquiring a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control