As someone clueless as to conveyancing in Moorgate what’s your top tip you can impart concerning the house moving process in Moorgate

You may not hear this from too many lawyers but conveyancing in Moorgate or throughout is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of opportunity for conflict between you and other parties involved in the ownership transfer. For example, the vendor, property agent and even potentially a bank. Appointing a lawyer for your conveyancing in Moorgate is a critical decision as your conveyancer is your adviser, and is the SOLE party in the legal process whose role it is to look after your legal interests and to keep you safe.

Sometimes a third party with a vested interest may attempt to sway you that it is in your interests to do things their way. For example, the property agent may claim to be assisting by claiming that your lawyer is slow. Or your mortgage broker may advise you to do take action that is contrary to your solicitors guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

My friend recommended that if I am buying in Moorgate I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is usually quoted for as part of the standard Moorgate conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Moorgate around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Moorgate Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information regarding Moorgate.

I opted to have a survey done on a property in Moorgate before instructing solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some banks will not grant a mortgage on a flying freehold home.

It depends who your proposed lender is. Lloyds has different instructions from Halifax. Should you wish to call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Moorgate. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Moorgate to see if the conveyancing costs will increase in light of this.

My step-father has suggested that I appoint his conveyancing solicitors in Moorgate. Should I use them?

There are no two ways about it the best way to choose a conveyancing lawyer is to get recommendations from friends or relatives who have actually used the solicitor you're contemplating using.

I am the registered owner of a 1 bedroom flat in Moorgate, conveyancing having been completed 3 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Moorgate with an extended lease are worth £165,000. The ground rent is £45 charged once a year. The lease expires on 21st October 50

You have 50 years left to run we estimate the premium for your lease extension to range between £36,100 and £41,800 plus legals.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.