It has taken forever and a day but a mortgage agreement from Santander for the remortgage of my 4 room flat is due any day now. Could you put forward a cheap conveyancing law firm in Anstey?

This site is not designed to aid those in their quest for the lowest fares for conveyancing solicitors in Anstey. We can offer you cost effective conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing organisations enticing you with ninety nine pound conveyancing in Anstey. Optimistically, in deciding on cheap conveyancing, you will get your money’s worth and at worst it will result in you being stung for additional fees and still not end up with the service you were looking for.

It has been 3 months following my purchase conveyancing in Anstey completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am looking for a flat up to £195,000 and identified one near me in Anstey I like with open areas and station nearby, the downside is that it only has 61 years unexpired on the lease. There is not much else in Anstey for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you require a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.

How simple is it to use the search facility to find a conveyancing lawyer in Anstey on the panel for my bank?

Step one is to select a lender such as Yorkshire Building Society, Leeds Building Society or Clydesdale then specify your preferred area for instance Anstey. Conveyancing firms in Anstey and further afield will then be listed.

What are your top tips when it comes to choosing a Anstey conveyancing firm to deal with our lease extension?

When appointing a solicitor for lease extension works (regardless if they are a Anstey conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We suggest that you make enquires with two or three firms including non Anstey conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be useful:

If they are not ALEP accredited then why not? Can they put you in touch with clients in Anstey who can give a testimonial?

I invested in buying a studio flat in Anstey, conveyancing was carried out June 2010. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Anstey with over 90 years remaining are worth £179,000. The ground rent is £65 charged once a year. The lease finishes on 21st October 2082

With 57 years left to run we estimate the premium for your lease extension to range between £26,600 and £30,800 plus professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.