I am acquiring a property without a mortgage in Great Harwood. I have lived for the last twelve years in Great Harwood. Conveyancing searches are a lot of money. Given that I have knowledge of the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?

In the absence of a home loan, then all but one or two of the Great Harwood conveyancing searches are non-obligatory. Your solicitor will 'advise', no-doubt strongly, that you should have searches completed, but she is duty bound to do this. Do bear in mind; if you are going to sell the house at a future date, it could be of interest to your prospective buyer what the searches determine. There are plenty of instances where properties with no practical issues can still reveal unpredicted search results. A competent conveyancing solicitor in Great Harwood should provide you some sensible advice here.

Should commercial conveyancing searches reveal planned roadworks that could affect a commercial property in Great Harwood?

Its becoming the norm that commercial conveyancing solicitors in Great Harwood will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Great Harwood. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Great Harwood.

For every commercial conveyancing transaction in Great Harwood it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Great Harwood commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Great Harwood.

What does commercial conveyancing in Great Harwood cover?

Great Harwood conveyancing for business premises incorporates a broad array of services, provided by qualified solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

Last July I purchased a leasehold house in Great Harwood. Am I liable to pay service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I inherited a garden flat in Great Harwood, conveyancing having been completed March 1999. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Great Harwood with over 90 years remaining are worth £227,000. The ground rent is £50 levied per year. The lease runs out on 21st October 2096

With 72 years remaining on your lease we estimate the price of your lease extension to be between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.

Are all Great Harwood legal practices on every bank conveyancing panel?

The Lexsure search tool on this page may be of use or you can pop into your local bank branch in Great Harwood. Chances are that they can recommend conveyancing solicitors in Great Harwood