We were about to retain a conveyancing solicitor in Langport listed by you but have come across alternative costs illustrations via the web appear less pricey – why is this?

You can find a variety of conveyancing organisations marketing what appear to be very low prices. We suggest that you give due consideration about how much you respect your own move to want to be penny wise pound foolish with regard to the standard of the legal work. Some hide additional charges well inside the terms of business. The solicitors that we list for conveyancing in Langport neverdo this.

It is is a decade since I bought my home in Langport. Conveyancing lawyers have just been retained on the sale but I can't track down my title deeds. Is this a major issue?

Don’t worry too much. Firstly there is a chance that the deeds will be with the mortgage company or they may stored with the solicitor who acted in your purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. Almost all conveyancing in Langport involves registered property but in the unlikely event that your property is unregistered it is more tricky but is not insurmountable.

Over the last few months I have been searching for a ground for flat up to £235,500 and identified one close by in Langport I like with amenity areas and transport links nearby, however it only has 49 years on the lease. There is not much else in Langport suitable, so just wondered if I would be making a grave error purchasing a short lease?

If you require a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.

I am hoping to put an offer on a small detached house that appears to be perfect, at a great price which is making it more attractive. I have subsequently been informed that it's a leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Langport. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the implications of buying a leasehold house in Langport ?

Most houses in Langport are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are purchasing in Langport so you should seriously consider shopping around for a Langport conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want with the house. The lease comes with conditions such as requiring the freeholder’sconsent to carry out changes to the property. It may be necessary to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your solicitor should advise you fully on all the issues.

I inherited a leasehold flat in Langport, conveyancing was carried out April 2005. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Langport with an extended lease are worth £206,000. The ground rent is £45 yearly. The lease runs out on 21st October 2091

With 66 years unexpired we estimate the price of your lease extension to span between £12,400 and £14,200 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.

Been on the hunt for a property lawyer for leasehold sale conveyancing in Langport. We are selling, simple no mortgage to discharge, no hurry, no onward purchase. Received an estimate from a conveyancing practitioner for nine hundred pounds including VAT which is a tad expensive given that its so straightforward. Can I pay less for conveyancing in Langport?

Considering it’s a sale only, £450 + VAT would be about the cheapest for a Langport solicitor firm.