Our family lawyer has sent a quote for £1350 for no sale no fee conveyancing in Frenchay. I’m looking to sell a Georgian property for £300,000. This appears expensive. Is it above what I should be paying for conveyancing in Frenchay?

The costs illustration is fractionally on the expensive side. If you shop around you could get the conveyancing a bit cheaper by say £125. On the other hand, you couldcome to regret choosing an an untested conveyancer. If is important to ensure that the firm can act for your bank. You can employ our comparison tool to find a Frenchay conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Frenchay.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Frenchay is where the house is located. Can you offer any guidance?

Flying freeholds in Frenchay are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Frenchay you would need to get your solicitor to go 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 Frenchay may determine 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.

In searching the web for the phrase conveyancing in Frenchay it reveals numerous solicitorsin the vicinity. With so much choice what is the best way to find the suitable conveyancing solicitor for me?

The ideal method of finding the right conveyancer is via personal recommendation, so ask friends and family who have acquired a property in Frenchay or a respected estate agent or financial adviser. Fees for conveyancing in Frenchay vary, so it's sensible to obtain at least four estimates from varying types of solicitors. Make sure that you clarify what costs in the quote includes.

I am in need of some leasehold conveyancing in Frenchay. Before I set the wheels in motion I would like to find out the number of years remaining on the lease.

If the lease is registered - and most are in Frenchay - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I purchased a basement flat in Frenchay, conveyancing was carried out half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Frenchay with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 yearly. The lease runs out on 21st October 2085

With only 61 years left to run we estimate the premium for your lease extension to be between £19,000 and £22,000 plus legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.

We are in the middle of purchasing a residence in Frenchay. Conveyancing solicitor has told us the title is "Leasehold". Does this impact our home loan valuation?

Frenchay conveyancing does not normally involve leasehold houses. The crucial consideration here is the remaining lease term and the ground rent. If it's 999 years with a nominal rent, it's essentially freehold, so it shouldn't impact the value significantly.

At the other end of the spectrum, if it's, say, Sixty years it will have a material impact on the value, and most likely wouldn't be mortgageable. The remaining lease term and ground rent will be set out in the lease provided to your conveyancing practitioner.