Why is leasehold purchase conveyancing in Bollington costs more?

The conveyancing fees on a leasehold premises in Bollington is inevitably greater as compared to a freehold property. This is due to the supplemental investigations necessary in liaising with the freeholder and management company to collate the evidence about whether the rent and maintenance fee have been discharged and whether there are any significant expenditure in the near future on repairs or maintenance of the block.

A relative suggested that if I am buying in Bollington I should 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 sometimes quoted for as part of the standard Bollington conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Bollington around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Bollington Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data regarding Bollington.

What is different about your site and alternative online quote calculators when it comes to conveyancing in Bollington?

At this site get a conveyancing quote from a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Bollington. As opposed to estate agents and many comparison sites we do not operate kick-back deals with solicitors. Some agents and online brokers 'recommend' the firm who pay the most kickback, not the best value conveyancing in Bollington

In my capacity as executor for the estate of my grandmother I am disposing of a residence in Cardiff but reside in Bollington. My lawyer (based 250 miles from meneeds me to sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Bollington who can attest and place their company stamp on the document?

strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are located in Bollington

My wife and I purchased a leasehold house in Bollington. Conveyancing and Halifax mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Bollington who acted for me is not around. What should I do?

The first thing you should do is make enquiries of the Land Registry to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Bollington conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I inherited a ground floor flat in Bollington, conveyancing formalities finalised in 2006. Can you work out an approximate cost of a lease extension? Corresponding properties in Bollington with an extended lease are worth £181,000. The ground rent is £55 yearly. The lease terminates on 21st October 2076

With just 50 years left to run we estimate the premium for your lease extension to be between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.