Is there a reason to instruct a Markfield conveyancing practice when national conveyancers are cheap by comparison?

To take your time to find get 2 or 3 like-for-like quotes for conveyancing costs in Markfield and you should seek a reasonable estimate but don’t expend your energy scouring the internet for the cheapest Markfield conveyancer. Identifying the right conveyancer can mark the distinction between a seamless and a stressful house move. You need to ensure that you have expert advice from an experienced lawyer. Emails can't be as helpful as a phone conversation and are no substitute for a face to face meeting. Our partner firms will appoint you a qualified and trusted conveyancing solicitor that will deal with your conveyancing from beginning to end, giving the sort of continuity that you rarely receive from an web based conveyancer. He or She will inform you as to headway and keep you informed. If you ever need to contact the firm you will be sure who you need to speak to and we'll ensure you're not left wondering what's going on.

How does conveyancing in Markfield differ for new build properties?

Most buyers of new build property in Markfield approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because builders in Markfield usually purchase the real estate, 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 conveyancing solicitors 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 Markfield or who has acted in the same development.

I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a simple, chain free conveyancing. Markfield is the location of the property. Can you shed any light on this issue?

Flying freeholds in Markfield are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Markfield you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Markfield may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

What makes your site different to alternative internet conveyancing solicitors for conveyancing in Markfield?

At this site receive a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Markfield. As opposed to estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. Some agents and online brokers 'recommend' the firm paying the highest kickback, rather than the best value conveyancing in Markfield

Last May I purchased a leasehold property in Markfield. Do I have any liability for service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous owner 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. It is an essential part 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).

I inherited a ground floor flat in Markfield, conveyancing having been completed April 2010. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Markfield with over 90 years remaining are worth £197,000. The ground rent is £55 levied per year. The lease ends on 21st October 2080

With just 55 years left to run we estimate the price of your lease extension to be between £31,400 and £36,200 plus costs.

The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.