Are the BSA planning on creating a online directory to to identify law firms on the Coventry BS conveyancing panel for example in Southwold?

Lexsure has not been advised of any intention on the part of the BSA to develop such a register.

2 months have gone by following my purchase conveyancing in Southwold took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Due to the encouragement of my in-laws I had a survey completed on a house in Southwold ahead of retaining conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies tend refuse to grant a mortgage on such a home.

It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Southwold. Conveyancing will be smoother if you use a solicitor in Southwold especially if they are accustomed to such properties in Southwold.

If all goes to plan we aim to complete our sale of a £325,000 garden flat in Southwold in 10 days. The freeholder has quoted £312 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Southwold?

Southwold conveyancing on leasehold maisonettes often requires the buyer’s solicitor submitting questions for the landlord to answer. Although the landlord is not legally bound to answer such questions most will be willing to assist. They are entitled to invoice a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average fee for the information that you are referring to is £350, in some situations it is above £800. The administration charge invoiced by the landlord must be sent together with a synopsis of rights and obligations in respect of administration fees, otherwise the invoice is not strictly payable. In reality one has little choice but to pay whatever is requested of you should you wish to sell the property.

I bought a 1 bedroom flat in Southwold, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar flats in Southwold with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease runs out on 21st October 2084

With 59 years unexpired the likely cost is going to be between £20,900 and £24,200 plus legals.

The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.

Midway through the sale of a leasehold flat in Southwold. Conveyancing solicitors are doing their job but we are being charged a fortune from the landlord. To date we have issued a cheque for £250 for a leasehold management pack and then another £134.40 for supplemental questions raised by the purchaser's property lawyer.

You will not have control over the level of the charges for this information however the typical fee for the information for Southwold leasehold property is £395. When it comes to Southwold conveyancing deals it is standard for the vendor to cover the costs. The landlord or their agents are not duty bound to answer these questions although many will agree to do so - albeit often at exorbitant prices out of proportion to the work involved. Regretfully there is no law that mandates fixed charges for administrative tasks. There is no prescriptive time limit by which they are obliged to provide the information.