Please could you vouch for a Platform Home Loans Ltd sanctioned Mildmay conveyancing conveyancer who can have us moved in within 28 days? Would it be better to use a local Mildmay conveyancer or an online conveyancer?

We can recommend some very good Mildmay conveyancing firms. Another option is to visit the high street in Mildmay. Go in to a couple of law practices and ask to see a conveyancing solicitor for a costs illustration. Discuss your deadline together with the reasons and get an assurance on speed. Appoint the one that you trust.

When reading consumer advice sites for a conveyancing lawyer in Mildmay, most advise that I should use a CQS assured lawyer. What is CQS?

The Conveyancing Quality Scheme (CQS) provides a recognised quality standard for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to best practice conveyancing processes via the scheme protocol It covers numerous companies who carry out conveyancing in Mildmay.

Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in Mildmay I like with a park and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Mildmay for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you need a home loan that many years will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

Am I right to be concerned about estate agents that I am dealing with are encouraging me to use a nationwide conveyancing firm rather than a High Street Mildmay conveyancing firm?

As with lots of service providers, often input from relatives can be extremely useful or valuable. Yet there are many people with a vested interest in a conveyancing transaction; estate agents, financial adviser and lenders may recommend lawyers to select. Sometimes these conveyancers might be known to one of the organisations as experts in their field, but sometimes there may be a financial incentive behind the endorsement. You have the right to select your own conveyancer. Don't forget that most mortgage providers have an approved list of lawyers you have to use for the lender related work in your house move.

I work for a long established estate agency in Mildmay where we see a few flat sales derailed as a result of short leases. I have received inconsistent advice from local Mildmay conveyancing solicitors. Can you shed some light as to whether the seller of a flat can commence the lease extension process for the buyer?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Leasehold Conveyancing in Mildmay - A selection of Questions you should ask Prior to Purchasing

Best to be warned whether a new roof is being installed or some other significant cost is anticipated to be shared by the leaseholders and will dramatically impact the level of the service costs or result in a specific invoice. This question is helpful as a) areas could result in problems for the building as the common areas may begin to deteriorate if maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will want to have all the details