I was referred a lawyer who has sent a quote for just over a thousand pound for no completion no fee conveyancing in Hale Barns. I am selling a Edwardian property for £300,000. Is this too much? Is it in excess of the average fee for conveyancing in Hale Barns?

The quote is slightly on the expensive side. Where you are prepared to expend time scrutinising quotes you might get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you couldlive to regret opting for an a cheaper solicitor. Remember to enquire that the firm can represent your mortgage company. Do use our search tool to find a Hale Barns conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Hale Barns.

I have 7378 less than 75 years unexpired on my lease and require a lease extension for my flat in Hale Barns. Conveyancing solicitors on the Virgin panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 30/10/2024 the requirements read as follows :

The estate agent has sent us the confirmation of our purchase of a new build flat in Hale Barns. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Hale Barns

Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in Hale Barns I like with a park and railway links in the vicinity, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Hale Barns in this price bracket, so just wondered if I would be making a grave error buying a short lease?

Should you need a mortgage the remaining unexpired lease term will likely be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.

Why is New Build conveyancing in Hale Barns more expensive?

Purchasing a brand new home is completely distinct from the normal house buying conveyancing in Hale Barns. For a start developers normally require contracts to exchange inside a short timeframe, the result being a a great deal of pressure on your conveyancing practitioner to make sure everything is in order. In addition new build properties often necessitate examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Lenders requirements are also more detailed. Due to the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.