Is there a reason to appoint a Fallowfield conveyancing solicitors firm given that internet based conveyancers are more affordable?

To take your time to find get 2 or 3 like-for-like quotes for conveyancing costs in Fallowfield and you should seek a reasonable estimate but don’t waste your energy hunting for the lowest priced Fallowfield conveyancer. Appointing the right conveyancer can mark the distinction between a seamless and a stressful home move. It is important that you ensure that you have expert guidance from a trusted solicitor. Emails can't take the place of a phone discussion and are no substitute for a one to one consultation. Our partner firms will find you a qualified and top rated conveyancing solicitor that will deal with your conveyancing from beginning to end, giving the sort of personalised service that you rarely receive from an online conveyancer. Our lawyers will keep you updated as to headway making sure that you are regularly updated. Should it ever be necessary to phone the office you will be sure who you need to speak to and we'll endeavour to make sure that you are in the know.

I am the registered owner of a freehold premises in Fallowfield but still pay rent, why is this and what is this?

It is rare for properties in Fallowfield and has limited impact for conveyancing in Fallowfield but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

I have todaydiscovered that Arc property Solicitors have been shut down. They conducted my conveyancing in Fallowfield for a purchase of a leasehold apartment 18 months ago. How can I check that my home is not still registered in the name of the previous owner?

The quickest way to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Fallowfield conveyancing specialists.

I decided to have a survey done on a property in Fallowfield prior to appointing lawyers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies will not issue a mortgage on a flying freehold property.

It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Fallowfield. Conveyancing will be smoother if you use a solicitor in Fallowfield especially if they regularly deal with such properties in Fallowfield.

I am on look out for some leasehold conveyancing in Fallowfield. Before I get started I want to be sure as to the unexpired term of the lease.

Assuming the lease is registered - and most are in Fallowfield - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I purchased a leasehold flat in Fallowfield, conveyancing was carried out in 1996. Can you work out an approximate cost of a lease extension? Equivalent flats in Fallowfield with an extended lease are worth £171,000. The ground rent is £50 yearly. The lease ceases on 21st October 2105

With 79 years remaining on your lease we estimate the premium for your lease extension to span between £8,600 and £9,800 as well as costs.

The figure above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed due diligence. You should not use this information 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. You should not take any other action based on this information without first seeking the advice of a professional.