AssumingI was to purchase a simple residential homein Prestwich mortgage fee and dispense with a survey and no local authority searches how much would I expect to to save on my conveyancing in Prestwich?

The only reduction in fees you would achieve is the Prestwich conveyancing searches. Your lawyer still got to do everything else - money laundering, liaising with the vendors lawyer, SDLT return, register the ownership etc. You might save a bit for them not having to register a mortgage but it will not be significant.

I purchased a freehold house in Prestwich yet pay rent, why is this and what is this?

It is rare for properties in Prestwich and has limited impact for conveyancing in Prestwich but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.

Over the last few months I have been searching for a ground for flat up to £195,000 and identified one close by in Prestwich I like with a park and station nearby, however it only has 61 remaining years left on the lease. There is not much else in Prestwich in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.

Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Prestwich?

At this site get a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Prestwich. As opposed to estate agents and brokerage sites we do not have referral arrangements with solicitors. Many agents and online brokers 'recommend' solicitors that pays the most kickback, rather than the best value conveyancing in Prestwich

Being a tenant I am on the hook for a maintenance contribution for my appartment in Prestwich. As a result of poor financial planning I fell behind with payments. I negotiated a settlement schedule but there is still a couple of currently due.

I am under pressure to dispose of the property and I am worried this will hold me back if I have to discharge the amount due now. Do I have to settle before - is this possible?

It would be wise to speak with the lawyer handling your Prestwich conveyancing but it might be possible to arrange for the outstanding amount to be transferred to the buyers. The contractual price they pay would be reduced to reflect the amount of debt they take on. They would then deal with the outstanding monies after completion of the purchase.