Is there a reason why leasehold purchase conveyancing in Surrey costs more?

Surrey leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

Despite weeks of looking the Title Certificate and documents to our home can not be found. The conveyancers who handled the conveyancing in Surrey 5 years ago no longer exist. Will I be able to sell the house?

These day there are copies made of almost everything, and your solicitor will know exactly where to locate all the suitable documentation so you may buy or sell your house without any difficulty. Where copies are not available, your conveyancer may be able to arrange cover in the form of insurance or indemnities protecting you against future claims on the premises.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one round the corner in Surrey I like with open areas and railway links nearby, however it only has 51 years unexpired on the lease. There is not much else in Surrey suitable, so just wondered if I would be making a mistake buying a short lease?

Should you need a mortgage the shortness of the lease will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.

How does the Landlord & Tenant Act 1954 affect my commercial premises in Surrey and how can you help?

The 1954 Act gives protection to commercial tenants, granting the a statutory right to make a request to court for a new lease and continue in occupation when the lease comes to an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Surrey is one of the numerous locations in which our lawyers are based

What type of property do your Surrey conveyancing quotes relate to?

The quotes provided are only appropriate to standard residential property in England & Wales. If you have any different needs for instance industrial or agricultural land or commercial conveyancing in Surrey do telephone us to consider this further .