Can you explain why leasehold purchase conveyancing in Killamarsh costs more?

In summary, leasehold conveyancing in Killamarsh and elsewhere usually necessitates additional work compared to freehold conveyancing. This includes lease investigation, communicating with the landlord about the service of required notices, obtaining current service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first entered into.

I used Wolstenholmes several years ago for my conveyancing in Killamarsh. I now require my papers however cannot find the solicitor. What do I do?

Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Killamarsh of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Killamarsh is the location of the property. Can you offer any guidance?

Flying freeholds in Killamarsh are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Killamarsh 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 Killamarsh 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 premises.

Am I right to be wary about estate agents that I am dealing with are encouraging me to use an internet conveyancing firm rather than a local Killamarsh conveyancing firm?

As is the case with lots of service providers, often input from family and friends can be extremely useful or valuable. Nevertheless there are numerous people with a keen interest in a conveyancing transaction; estate agents, financial adviser and lenders may recommend lawyers to use. Sometimes the solicitors might be known to one of the organisations as one of the best in their field, but sometimes there is an underlying commercial relationship behind the recommendation. You are at liberty to appoint your preferred lawyer. However, bear in mind that the majority of banks have an approved list of solicitors you must use for the mortgage related work in your conveyancing.

My wife and I purchased a leasehold flat in Killamarsh. Conveyancing and Clydesdale mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Killamarsh who previously acted has long since retired. What should I do?

The first thing you should do is contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Killamarsh conveyancing solicitor to do this as it can be done on-line for £3. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I acquired a studio flat in Killamarsh, conveyancing formalities finalised June 2010. Can you work out an approximate cost of a lease extension? Corresponding flats in Killamarsh with a long lease are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease expires on 21st October 2092

With only 66 years unexpired we estimate the price of your lease extension to be between £11,400 and £13,200 as well as professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.