I require fast conveyancing in St Brides Major as I have pressure to sign on the dotted line within 2 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?

As you are not getting a home loan you have the choice not to have searches carried out although no solicitor would advise that you don't. With lots of history conveyancing in St Brides Major the following are examples of what can appear and therefore affect the marketability of the property: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...

I have been on the look out for a flat up to £305k and found one close by in St Brides Major I like with a park and transport links nearby, however it only has 49 years unexpired on the lease. There is not much else in St Brides Major for this price, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a mortgage that many years will likely 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 owner has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.

How do I locate a St Brides Major solicitor on the The Mortgage Works conveyancing panel? I have a car and am willing to travel upto 20miles to meet the solicitor.

You can use the search on this website. Please pick a bank and your location and you will see a number of St Brides Major conveyancing lawyers based on proximity. We have detailed some St Brides Major conveyancing firms at the bottom of this page and you can telephone them to check if they are on the The Mortgage Works member panel

Is it best to appoint a St Brides Major conveyancing solicitor in close proximity to the house I am buying? We have a good friend who can deal with the legal work but his firm is located 400miles drive away.

The primary upside of using a high street St Brides Major conveyancing firm is that you can drop in to sign documents, hand in your ID and apply pressure on them where appropriate. Having local St Brides Major know how is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and on the whole were impressed that must outweigh using an unknown St Brides Major conveyancing lawyer solely due to them being local.

I have just started marketing my 2 bed apartment in St Brides Major. Conveyancing lawyers have not yet been instructed, but I have recently had a half-yearly service charge invoice – should I leave it to the buyer to sort out?

It best that you pay the invoice as you normally would given that all rents and service charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I purchased a leasehold flat in St Brides Major, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in St Brides Major with a long lease are worth £186,000. The average or mid-range amount of ground rent is £55 per annum. The lease terminates on 21st October 2077

You have 52 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.