I am buying a house mortgage free in Blakeney. I have lived for the previous 15 years in Blakeney. Conveyancing searches are expensive. Given that I know the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?

Provided that you do not need a mortgage, then almost all of the Blakeney conveyancing searches are non-obligatory. Your conveyancer will 'advise', no-doubt strongly, that you should have searches carried out, but he is duty bound to do this. Do take into account; if you are intend to dispose of the house one day, it will likely be be of importance to your future buyer what the searches reveal. There are plenty of instances where properties with no practical issues can still show up negative search results. A competent conveyancing solicitor in Blakeney will be able to give you some constructive advice concerning this.

Can your site be used to find a Conveyancing solicitor in Blakeney even if I’m not buying or disposing of a house, for instance if I want to acquire a shop in Blakeney with a mortgage from National Westminster Bank?

The service is primarily utilised to select residential conveyancing solicitors in Blakeney but we have set out towards the end of this page a few Blakeney commercial conveyancing firms. You will need to enquire with the firm directly to check if they can also act for National Westminster Bank

I have been referred to a conveyancing solicitor in Blakeney. I I would like to check whether they are on the Coventry Building Society approved list of lawyers. Could you help?

You should phone the lawyer and enquire if they can act for the bank. Alternatively please call Coventry Building Society who may be able to confirm.

The estate agent has sent us the confirmation of our purchase of a new build flat in Blakeney. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Blakeney

The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

What are the frequently found problems that you see in leases for Blakeney properties?

Leasehold conveyancing in Blakeney is not unique. All leases are unique and drafting errors can result in certain provisions are missing. The following missing provisions could result in a defective lease:

A provision to repair to or maintain elements of the premises A provision for the recovery of money spent for the benefit of another party.

A defective lease will likely cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Chelsea Building Society, and Nottingham Building Society all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to pull out.

I invested in buying a 2 bed flat in Blakeney, conveyancing having been completed 5 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Blakeney with over 90 years remaining are worth £216,000. The ground rent is £50 per annum. The lease ends on 21st October 2095

With just 69 years unexpired the likely cost is going to range between £9,500 and £11,000 as well as legals.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.