Would the conveyancing solicitors identified through your search tool conduct auction conveyancing in Aylsham?

There are a number of niche practitioners we can connect you with those specialising in auction conveyancing. Aylsham is just one of our locations in which our lawyers have a presence.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Aylsham is where the house is located. Can you shed any light on this issue?

Flying freeholds in Aylsham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Aylsham you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Aylsham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

My business partner and I are planning to lease a unit on the high street. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Aylsham for under 2k?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Aylsham, including the disposal and acquisition of businesses as well as simply property. Whether you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right firm. As for the costs this will depend on the structure and terms of the proposed transaction. Let us have your details or phone so as to enable us to furnish you with a fixed commercial conveyancing quote.

I am a negotiator for a long established estate agent office in Aylsham where we have experienced a few flat sales put at risk due to short leases. I have received contradictory information from local Aylsham conveyancing firms. Can you clarify whether the seller of a flat can initiate the lease extension process for the purchaser on completion of the sale?

As long as 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 can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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.

I acquired a 1 bedroom flat in Aylsham, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Equivalent properties in Aylsham with an extended lease are worth £191,000. The ground rent is £55 invoiced annually. The lease expires on 21st October 2080

With only 54 years left to run we estimate the premium for your lease extension to span between £32,300 and £37,400 plus legals.

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 a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.

Been reading online that Aylsham solicitors are more expensive than Aylsham conveyancers in Aylsham to use when purchasing a property. Am I better off using a conveyancer or a solicitor if I am purchasing for my home move in Aylsham.

When it comes to conveyancing in Aylsham the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.