I am acquiring a property without a mortgage in Prescot and Knowlsey. I have been residing for the previous 20 years in Prescot and Knowlsey. Conveyancing searches are expensive. Given that I have knowledge of the road and vicinity very well must I have all the conveyancing searches?

If you not getting a home loan, then all but one or two of the Prescot and Knowlsey conveyancing searches are optional. Your conveyancer will 'advise', perhaps strongly, that you should have searches completed, but he is duty bound to do this. One thing to take into account; if you are likely to dispose of the house one day, it could be of importance to your future buyer what the searches reveal. There are plenty of instances where properties with day to day issues can still throw up detrimental search results. A competent conveyancing solicitor in Prescot and Knowlsey will be able to give you some constructive guidance in this regard.

I have justbeen informed that Wolstenholmes have closed. They carried out my conveyancing in Prescot and Knowlsey for a purchase of a leasehold apartment 9 months ago. How can I check that the property is registered correctly in the name of the previous owner?

The quickest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Prescot and Knowlsey conveyancing specialists.

I'm remortgaging my existing house to a buy to let loan with Santander and intend to use the remaining equity towards a second house. The neighborhood we are interested in is Prescot and Knowlsey. Will your solicitors be able to act for the two mortgage companies and tie in the two deals?

Do use our comparison tool on this page to ensure that the lawyers are approved by both mortgage companies. On the basis that they are the lawyer should be able to connect the two deals but you should have a chat with you lawyer and specify your desired outcome and requirements.

Can you provide any advice for leasehold conveyancing in Prescot and Knowlsey from the perspective of expediting the sale process?

• Much of the frustration in leasehold conveyancing in Prescot and Knowlsey can be bypassed where you get in touch lawyers the minute you market your property and request that they start to collate the leasehold information needed by the purchasers’ representatives.
If you have the benefit of shareholding in the Management Company, you should make sure that you have the original share document. Obtaining a new share certificate is often a lengthy formality and frustrates many a Prescot and Knowlsey conveyancing deal. If a reissued share certificate is required, you should approach the company director and secretary or managing agents (where applicable) for this at the earliest opportunity. Many landlords or Management Companies in Prescot and Knowlsey charge for supplying management packs for a leasehold premises. You or your lawyers should discover the actual amount of the charges. The management information sought on or before finding a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Prescot and Knowlsey. If you have carried out any alterations to the premises would they have required Landlord’s approval? Have you, for example laid down wooden flooring? Most leases in Prescot and Knowlsey state that internal structural alterations or addition of wooden flooring require a licence from the Landlord acquiescing to such alterations. Where you dont have the paperwork to hand you should not communicate with the landlord without checking with your lawyer before hand.

Prescot and Knowlsey Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying

The majority of Prescot and Knowlsey leasehold apartments will be liable to pay a service bill for maintenance of the building set by the freeholder. Where you purchase the flat you will have to meet this contribution, normally periodically during the year. This could be anything from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. In all likelihood there will be a ground rent to be met annual, normally this is not a exorbitant sum, say approximately £50-£100 but you should to check as sometimes it can be many hundreds of pounds. It is important to be aware whether a new roof is being installed or some other significant cost is anticipated to be shared by the leaseholders and will dramatically impact the level of the service fees or necessitate a specific payment. Can you tell me if there are any major works in the near future that could add a premium to the service fees?

I have miscalculated my finances and am a few grand short a 10% deposit on my apartment purchase in Prescot and Knowlsey , but I am anxious go ahead. What can I do?

You can agree a lower deposit. Many property owners will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment