My lender has recommended solicitors on their panel based in Ketton but I would rather choose a conveyancing lawyer in Ketton or nearer to where I live. Can you help?

Not all Ketton conveyancing practitioners are listed all banks conveyancing panel. Use the above search tool to locate a Ketton conveyancing firm on the on the lender panel.

I have been on the look out for a flat up to £305k and identified one near me in Ketton I like with open areas and transport links in the vicinity, however it only has 51 years unexpired on the lease. There is not much else in Ketton suitable, so just wondered if I would be making a grave error purchasing a short lease?

Should you require a mortgage that many years will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

I need to find a conveyancing solicitor for purchase conveyancing in Ketton. I happened to chance upon a web site which appears to be the ideal offering If there is a chance to get all the legals completed via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am attracted to a two flats in Ketton both have in the region of forty five years remaining on the leases. should I be concerned?

A lease is a legal document that entitles you to use the property for a prescribed time frame. As the lease gets shorter the marketability of the lease deteriorates and it becomes more costly to extend the lease. For this reason it is advisable to extend the lease term. It is often difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional assistance from a solicitor and surveyor with experience in this arena.

I bought a garden flat in Ketton, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Ketton with over 90 years remaining are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease finishes on 21st October 2095

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

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should 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.

I have been informed by many family members to expect six to eight weeks for Ketton conveyancing to complete.This was four weeks ago. The draft contract was only forwarded to my lawyer yesterday so does the clock start running now?

There is no conventional timeframe for conveyancing in Ketton, or any location. You simply have to ensure that your finances are in place and in due course the rest will come to you eventually.