Do the conveyancing practitioners highlighted through your ’find a lawyer’ app carry out right to buy conveyancing in Lifton?

We work with plenty of conveyancing conveyancers carrying out right to buy conveyancing You should get in touch with the solicitors listed to obtain a costs illustration.

I have an AIP. The bank mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel solicitor as I would prefer to appoint a Lifton based conveyancing firm?

You should check but the the probability is that appoint one of their panel conveyancers if you take up the "fee-free" offer. Contact the lender and determine if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Lifton.

I am downsizing from my home. My former conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Lifton if that makes a difference.

Please use our search tool to help you choose a solicitor for your conveyancing in Lifton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.

I am attracted to a couple of apartments in Lifton both have about 50 years left on the lease term. should I be concerned?

There are no two ways about it. A leasehold flat in Lifton is a deteriorating asset as a result of the shortening lease. The nearer the lease gets to its expiry date, the more it adversely affects the salability of the premises. For most buyers and mortgage companies, leases with less than eighty years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Lifton conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Lifton Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying

It is important to be aware whether fixing the lift or some other significant cost is due in the near future to be shared between the leaseholders and will dramatically increase the the service charges or require a one time payment. Its a good idea to find out as much as you can regarding the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to practical matters like the cleanliness of the communal areas. Enquire of other people whether they are happy with their service. Finally, find out the dates that you are obliged pay the service charge to the managing agents and precisely what it includes. Generally speaking the cost for major works tend not to be included within service charges, although there some managing agents in Lifton require leasehold owners to contribute towards a sinking fund created for the specific purpose of building a fund for larger repairs or maintenance.

The financial adviser has suggested using their conveyancing practitioner for our conveyancing in Lifton - Surely it’s easier to just use them?

It is not always the case and you are at liberty to opt for whichever solicitor you decide for your Lifton home move. A conveyancer put forward by an estate agent may not necessarily be the right conveyancer, they may put forward their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain updates.