Having been referred to your organisation we were about to use a conveyancing solicitor in Hereford listed on your site but have come across some other fee calculations via the web look cheaper – how come?

You can find a variety of conveyancers offering theoretically looks to be very low prices. We suggest that you give due consideration as to how important this transaction is to you that you are willing to take 'cheap' risks over the quality of the legal work. Many of them highlight a budget quote to catch your eye but hide additional fees in the fine print..

I am planning to acquire a flat and need a conveyancing solicitor in Hereford who is on the Lloyds TSB Bank approved. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Lloyds TSB Bank in certain locations such as Hereford. We dont recommend any particular firm.

I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Hereford I like with a park and station in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Hereford suitable, so just wondered if I would be making a mistake acquiring a short lease?

Should you require a home loan the shortness of the lease will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.

Last January I purchased a leasehold flat in Hereford. Do I have any liability for service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Hereford Leasehold Conveyancing - Examples of Questions you should ask before Purchasing

Plenty Hereford leasehold flats will have a service bill for the upkeep of the building invoiced on behalf of the freeholder. Where you buy the apartment you will have to pay this contribution, normally in instalments accross the year. This can vary from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge for you to pay annual, normally this is not a large sum, say approximately £25-£75 but you should to enquire it because occasionally it can be many hundreds of pounds. The best form of lease arrangement is a share of the freehold. In this arrangement the leaseholders benefit from being in charge if their destiny and even though a managing agent is often employed where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Generally speaking the cost for major works are not wrapped into the service charges, albeit that some managing agents in Hereford obliged leasehold owners to pay into a reserve fund and this is used to offset against larger repairs or maintenance.

I am buying a house and need a conveyancing solicitor in Hereford who is on the mortgage company solicitor panel. Could you point me in the right direction as regards a Hereford solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who carry out conveyancing in Hereford. We dont recommend any particular firm.