Can you explain why leasehold purchase conveyancing in Ladywell is more expensive?

Ladywell leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

My wife and I are intent on selling our property in Ladywell and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed a national conveyancing firm rather than a conveyancing solicitor in Ladywell. Having lived in Ladywell for six years we know that this is a non issue. Do we get in touch with our local Authority to seek clarification that the buyers are looking for.

It would appear that you have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

About to purchase a new build flat in Ladywell. 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.

Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ladywell

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision.

I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what should have been a quick, chain free conveyancing. Ladywell is where the house is located. Can you offer any opinion?

Flying freeholds in Ladywell are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ladywell you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ladywell may decide 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 property.

In scouring the web for the phrase cheap conveyancing in Ladywell it reveals numerous conveyancersin the area. With so much choice what is the best way to find the suitable conveyancer for the sale of my house?

The best method of choosing the right conveyancer is via trusted recommendation, so enquire of colleagues and those you trust who have bought a property in Ladywell or the local estate agent or mortgage broker. Charges for conveyancing in Ladywell differ, so it's a good idea to obtain at least four estimates from varying types of property lawyers. Dont forget to clarify what costs in the quote includes.