Is there a search tool that I can use to discover of the solicitor carrying out my conveyancing in Geddington is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus paying £175.00 in another set of legal bill.

You should take advantage of the search tool on this site. Please choose the mortgage company and type ‘Geddington’ or your location and you will be presented with a number of lawyer based in Geddington or near you.

I am looking for a flat up to £245,000 and found one round the corner in Geddington I like with open areas and transport links in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Geddington for this price, so just wondered if I would be making a mistake acquiring a short lease?

Should you need a mortgage that many years will be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.

I have been advised by a number of estate agents in Geddington to get a quote from a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to recommend your site over and above a competitor’s?

We refuse to offer any commission for sending work our way. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

I have just appointed agents to market my 2 bed apartment in Geddington. Conveyancing is yet to be initiated, but I have recently had a quarterly maintenance charge demand – Do I pay up?

It best that you pay the service charge as usual because all ground rent and maintenance payments should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I am the registered owner of a leasehold flat in Geddington, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Equivalent flats in Geddington with a long lease are worth £195,000. The average or mid-range amount of ground rent is £45 per annum. The lease runs out on 21st October 2088

With just 63 years left to run we estimate the price of your lease extension to be between £16,200 and £18,600 as well as costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.

Should local authority consent be needed to split a house into two appartments in Geddington? This has been done to a property adjacent to my house in Geddington and was unaware of it happening until it was complete.

Planning permission is required for converting a single house in Geddington into flats but probably not for reverting once again to single dwelling-house so, simply put, yes.