My partner’s step-father is a solicitor. I suspect that I will receive mate’s fee for conveyancing, However if that does not come through, what level of costs would I typically be looking at for conveyancing in Fulwood?

It’s advisable to obtain multiple conveyancing quotes. Do use our comparison tool on this page. You will notice that estimates will vary but the service one can expect are distinct between property lawyers as is true with the vast majority of professional services.

My Fulwood solicitor has spotted a difference when comparing the assumptions in the valuation survey and what is in the legal papers for the property. My lawyer says that he must check that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s stance right?

Your conveyancer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

I opted to have a survey done on a property in Fulwood in advance of appointing solicitors. I have been told that there is a flying freehold element to the house. Our surveyor has said that some banks may refuse to issue a mortgage on a flying freehold house.

It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you contact us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Fulwood. Conveyancing may be slightly more expensive based on your lender's requirements.

We expect to complete the sale of our £325,000 maisonette in Fulwood next week. The managing agents has quoted £396 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Fulwood?

Fulwood conveyancing on leasehold maisonettes usually necessitates the purchaser’s solicitor submitting questions for the landlord to answer. Although the landlord is not legally bound to address these enquiries the majority will be content to do so. They are entitled to invoice a reasonable charge for answering questions or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some cases it exceeds £800. The management information fee demanded by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration charges, otherwise the invoice is not strictly payable. In reality one has little choice but to pay whatever is demanded if you want to exchange contracts with the buyer.

I invested in buying a 1st floor flat in Fulwood, conveyancing having been completed November 2001. Can you work out an approximate cost of a lease extension? Corresponding properties in Fulwood with over 90 years remaining are worth £179,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease terminates on 21st October 2082

With 57 years unexpired we estimate the premium for your lease extension to range between £26,600 and £30,800 as well as professional fees.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.

How and when do I pay stamp duty chargeable for my Fulwood flat purchase?

Your conveyancer will fill out a Land Transaction Return Form on your behalf during your Fulwood purchase transaction for signature. On completion your property lawyer will submit the Land Transaction Return Form to the Inland Revenue and - assuming they have the money - pay any Stamp Duty due on your behalf.