We chose a local lawyer for our conveyancing in Raynes Park today. Reviewing the Ts and Cs I notewe are liable for fees even where the transaction does not complete. Should I go with them or appoint an internet solicitor practice who offer no move no charge conveyancing in Raynes Park?

It is usually ‘give and take’ in that if "No Sale No Fee" is advertised then the fee levels will tend to be be more expensive to offset those transactions that fail to complete. Do bear in mind that these offerings rarely cover disbursements such as Raynes Park conveyancing search charges.

Can you explain why leasehold purchase conveyancing in Raynes Park costs more?

Raynes Park leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

I moved into my apartment on 13 November and my personal details is not yet registered. Should I be concerned? My conveyancing solicitor in Raynes Park said it should be formalised in less than a month. Are titles in Raynes Park particularly slow to register?

There is nothing unique about conveyancing in Raynes Park registration formalities. Rather than based on location, timeframes can differ depending on who lodges the application, whether it is in order and if the Land registry have to notify any interested persons or bodies. Currently approximately three quarters of submission are completed in less than three weeks but occasionally there can be extensive hold-ups. Historically registration is effected after the new owner has moved in to the property thus an expedited registration is not always primary concern yet if it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for an expedited registration.

I work for a busy estate agent office in Raynes Park where we have experienced a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have been given inconsistent advice from local Raynes Park conveyancing solicitors. Could you shed some light as to whether the seller of a flat can commence the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I inherited a ground flat in Raynes Park. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?

Most definitely. We are happy to put you in touch with a Raynes Park conveyancing firm who can help.

An example of a Lease Extension case for a Raynes Park premises is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 60.43 years.

I am hoping to put an offer on a small detached house that seems to meet my requirements, at a great price which is making it more attractive. I have since been informed that it's a leasehold rather than freehold. I am assuming that there are particular concerns buying a leasehold house in Raynes Park. Conveyancing advisers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Raynes Park ?

The majority of houses in Raynes Park are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area can help the conveyancing process. We note that you are purchasing in Raynes Park so you should seriously consider looking for a Raynes Park conveyancing solicitor and be sure that they have experience in 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 entirely free to do whatever you want with the house. The lease will likely included provisions for example obtaining the landlord’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the estate where the house is located on an estate. Your conveyancer will appraise you on the various issues.