I am looking for value for money property lawyer. Do I opt for an internet conveyancer or a high street Wavertree conveyancing solicitor?

Wavertree is a unique place, where neighbourhood knowledge helps. The relaxed pace of life is great – just not when it comes to your house move. The solicitors that we work with possess vast Wavertree insight with a positive, hands-onapproach that helps the conveyancing to progress without delay. It is a definite plus that they can make use of well established relationships with mortgage brokers, local authorities, surveyors and other Wavertree conveyancing firms

Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Wavertree so that I can attend their offices if required.

As opposed to twenty years ago, the vast majority lenders no longer need their conveyancing panel solicitor to witness the mortgagors signature. It will still be necessary for you to hand over identification documents and there are still distinct benefits to choosing a locally based practitioner, in your case a conveyancing solicitor in Wavertree.

Due to the advice of my in-laws I had a survey completed on a house in Wavertree in advance of retaining lawyers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some mortgage companies tend not give a mortgage on a flying freehold property.

It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wavertree. Conveyancing will be smoother if you use a solicitor in Wavertree especially if they are familiar with such properties in Wavertree.

Hoping to buy a property located in Wavertree and I am already nervous. I couldn't find anything specific about Wavertree. Conveyancing will be needed in due course but do you know about the Wavertree area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Wavertree. In the meantime here are some basic statistics that we found

I am a negotiator for a busy estate agent office in Wavertree where we see a few flat sales derailed due to leases having less than 80 years remaining. I have received inconsistent advice from local Wavertree conveyancing firms. Can you clarify whether the vendor of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease 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 buyer 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 before, or at the same time as 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 buyer.

I invested in buying a leasehold flat in Wavertree, conveyancing having been completed 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Wavertree with over 90 years remaining are worth £202,000. The ground rent is £55 levied per year. The lease terminates on 21st October 2080

With 56 years left to run we estimate the price of your lease extension to span between £29,500 and £34,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.