I'm in the process of switching my domestic loan to a Buy to Let Leeds Building Society mortgage. I was told by my financial advisor that I require a conveyancer for this. I got in contact with the same Rushden conveyancing practitioner who acted on my behalf when I initially bought the premises. The costs illustration sent of £450 plus VAT has taken me by surprise as I am not require purchase conveyancing - it’s just a straightforward remortgage.

The costs illustration is fractionally on the high side. Where you are prepared to expend time scrutinising charges you might get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, assuming were pleased with the assistance the firm offered you maylive to rue opting for an an unknown solicitor. If is important to check the conveyancer can also act for Leeds Building Society. You can utilise our search tool to find a Rushden conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in Rushden.

In the event thatI were to buy a freehold housein Rushden for cash and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Rushden?

Any savings you would gain will be limited to the disbursement for searches. Your conveyancing practitioner is obliged to do the vast majority of work - money laundering, communicating with your vendors conveyancing practitioner, stamp duty return, register the ownership etc. You might save a bit for them not having to register a mortgage however it won't be meaningful.

When will exchange of contracts occur in sale conveyancing in Rushden and do I need to attend the conveyancers office?

If you are round the corner to one of the conveyancing solicitors in Rushden you are welcome to attend to sign contracts. However, the law practices we recommend offer countrywide coverage for conveyancing and provide as equally diligent and professional a job for you when communicating with you digitally. The executing of the property agreement is not the critical part. A signed contract is necessary for the firm to exchange contracts at the suitable time, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Rushden)to be in the office available at the end of the phone to exchange contracts.

My relative suggested that if I am buying in Rushden I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is sometimes quoted for as part of the standard Rushden conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Rushden around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning Rushden.

There are only Fifty years unexpired on my lease in Rushden. I now wish to extend my lease but my landlord is absent. What are my options?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. However, you will be required to prove that you or your lawyers have used your best endeavours to locate the lessor. For most situations an enquiry agent should be useful to conduct investigations and prepare an expert document to be accepted by the court as evidence that the freeholder can not be located. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s disappearance and the vesting order request to the County Court overseeing Rushden.

I invested in buying a garden flat in Rushden, conveyancing formalities finalised in 1995. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Rushden with over 90 years remaining are worth £201,000. The ground rent is £45 invoiced every year. The lease expires on 21st October 2090

With 64 years left to run we estimate the price of your lease extension to range between £14,300 and £16,400 as well as professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.