My previous solicitor has quoted £1150 for fixed fee conveyancing in Rhoose. I’m looking to sell a newly refurbished detached home for £250,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Rhoose?
The quote is fractionally on the high side. Where you are content to spend time contrasting quotes you could get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you maylive to regret opting for an an unknown conveyancer. Don't forget to ensure that the firm can also act for your mortgage company. You can make use of our comparison tool to select a Rhoose conveyancing practice on the banks member panel which can often include conveyancing solicitors in Rhoose.
I have 70 years remaining on my lease and require a lease extension for my apartment in Rhoose. Conveyancing solicitors on the Virgin panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 14/10/2025 the requirements read as follows :
Me and my brother purchased a semi-detached Victorian property in Rhoose. Conveyancing solicitor acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold under the matching property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rhoose and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who carried out the work.
Due to the input of my in-laws I had a survey completed on a house in Rhoose in advance of instructing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks will not issue a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Rhoose. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Rhoose to see if the conveyancing will be more expensive.
I am attracted to a two flats in Rhoose which have about 50 years remaining on the lease term. Will this present a problem?
There is no doubt about it. A leasehold apartment in Rhoose is a wasting asset as a result of the reducing lease term. The closer the lease gets to zero years unexpired, the more it reduces the salability of the property. For most buyers and mortgage companies, leases with less than 75 years become less and less marketable. On a more upbeat 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 a residence 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 Rhoose 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 the agreed 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.
I invested in buying a basement flat in Rhoose, conveyancing formalities finalised in 2000. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Rhoose with a long lease are worth £265,000. The ground rent is £50 levied per year. The lease comes to an end on 21st October 2101
With just 76 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.