Just been in touch with my conveyancing solicitor in Leeswood who completed the legal work 18 months ago requesting a conveyancing quote based on an identical type of home move (a leasehold premises and a freehold premises) of similar values with a loan from The Royal Bank of Scotland. It looks as though am now being charged twice the amount. Should I look for a cheaper internet property lawyer?

The estimate does seem a tad overpriced. If you shop around you may be able to shave off some of the cost by say a hundred pounds. On the other hand, if you were satisfied with the service the firm provided you couldcome to rue choosing an an untested solicitor. If is important to check that the firm can represent The Royal Bank of Scotland. Do make use of our search tool to find a Leeswood conveyancing firm on the The Royal Bank of Scotland approved list of lawyers, which can often include conveyancing solicitors in Leeswood.

How does conveyancing in Leeswood differ for new build properties?

Most buyers of new build or newly converted property in Leeswood approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is finished. This is because new home sellers in Leeswood typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Leeswood or who has acted in the same development.

I have been on the look out for a leasehold apartment up to £195,000 and found one round the corner in Leeswood I like with a park and railway links in the vicinity, the downside is that it only has 61 years unexpired on the lease. There is not much else in Leeswood for this price, so just wondered if I would be making a grave error acquiring a short lease?

Should you require a mortgage the remaining unexpired lease term may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.

Can you provide any top tips for leasehold conveyancing in Leeswood with the purpose of saving time on the sale process?

• A significant proportion of the delay in leasehold conveyancing in Leeswood can be bypassed where you appoint lawyers the minute you market your property and ask them to put together the leasehold documentation needed by the purchasers’ solicitors.
If there is a history of conflict with your freeholder or managing agents it is essential that these are resolved before the property is put on the market. The buyers and their solicitors will be concerned about purchasing a property where there is a current dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to present the dispute as over rather than unresolved. Some Leeswood leases require Licence to Assign from the landlord. If this applies to your lease, you should place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. Any bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers. If you are supposed to have a share in the Management Company, you should ensure that you have the original share document. Arranging a replacement share certificate can be a lengthy formality and slows down many a Leeswood home move. Where a reissued share certificate is needed, you should approach the company director and secretary or managing agents (where applicable) for this at the earliest opportunity. You believe that you know the number of years remaining on your lease but it would be advisable verify this by asking your conveyancers. A purchaser's lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is under 75 years. In the circumstances it is important at an as soon as possible that you identify whether the lease for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale.

Leasehold Conveyancing in Leeswood - Sample of Questions you should consider before Purchasing

Please note if it is fewer than 80 years it will impact the salability of the property. Check with your lender that they are happy with the length of the lease. A short lease means that you will almost definitely need a lease extension at some point and you need to have some idea of what this will be. For most Leeswoodlease extensions you will need to own the property for two years before you are legally able to extend the lease. Who takes responsibility for maintaining and repairing the block? Does the lease have more than 90 years left?

We are in the process of purchasing a property in Leeswood. Could the property lawyer keep our transaction price confidential from sites such as Zoopla. Is this achievable and how?

HMLR as a matter of law required to note price sold information on the official title for residential properties countrywide including properties in Leeswood. The Title Register is a public document, so HM Land Registry would be breaking the law if they did not allow access to the register.

In essence you can make a request of the Land Registry to hide the amount paid data however the answer would be a No.