Me and my partner are acquiring our first property. The lawyer has messagedto check if we want to take out extra conveyancing searches. We are really unsure what's needed for conveyancing in Haslington

The type of Haslington conveyancing searches should be dictated primarily on the premises, the location, the probability of any of these risks, your familiarity of the locality and risks, your overall appetite to risk. What matters is that you properly appreciate what information the searches could supply. Then you can decide if you personally think you need that information. If in doubt, ask the conveyancer to advise.

Just had an offer accepted on a new build apartment in Haslington. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Haslington

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are surveyor prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants.

Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one near me in Haslington I like with amenity areas and transport links nearby, however it only has 61 years unexpired on the lease. There is not much else in Haslington for this price, so just wondered if I would be making a grave error buying a short lease?

If you need a home loan that many years may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.

I am employed by a reputable estate agent office in Haslington where we have experienced a number of leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have been given conflicting advice from local Haslington conveyancing firms. Can you clarify whether the seller of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.

An alternative approach is to agree the lease extension with the freeholder 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 own a 1 bedroom flat in Haslington, conveyancing formalities finalised May 2012. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Haslington with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease ends on 21st October 2091

With only 65 years remaining on your lease we estimate the price of your lease extension to span between £13,300 and £15,400 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 the actual costs in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.

I am looking to sell a garage which is on a separate legal title at HMLR and hope to get 22k, to clear debts. There is a mortgage with Barclays. Can you suggest an inexpensive conveyancer as the conventional £600-£700 diminishes the return somewhat. Although I live in Haslington I dont need to appoint a Haslington conveyancing practitioner.

LenderPanel.com is restricted to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for Barclays in certain locations for example Haslington . Our intention is not to recommend any specific solicitor.