I am in the throes of switching my existing standard mortgage to a Buy to Let Platform Home Loans Ltd mortgage. I have been informed by my broker that I must appoint a lawyer as part of the process. I spoke to the same Holbeach conveyancing solicitor who dealt with the legals when I first purchased the house. The costs estimate they've given of £550 has surprised me as I am not require purchase conveyancing - it’s just a bog-standard refinance.

The estimate does seem a little on the high side. If you you were to look around you may be able to reduce the fees slightly by as much as £100 plus VAT. That being said, assuming were satisfied with the conveyancing the firm provided you couldlive to regret choosing an an unknown solicitor. Don't forget to check the firm can act for Platform Home Loans Ltd. You can make use of our search tool to get a quote a Holbeach conveyancing firm on the Platform Home Loans Ltd conveyancing panel, which can often include conveyancing solicitors in Holbeach.

I purchased a freehold premises in Holbeach but nevertheless pay rent, why is this and what is this?

It is rare for properties in Holbeach and has limited impact for conveyancing in Holbeach but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.

Just had an offer accepted on a new build flat in Holbeach. 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.

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

Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

We're new on the property ladder - had an offer accepted, yet the estate agent advised that the owners will only issue a contract if we use their chosen conveyancers as they need an ‘expedited deal’. We would rather use a high street solicitor used to conveyancing in Holbeach

It is highly unlikely the vendors are behind this. Should the vendor want ‘a quick sale', taking such a hostile approach to a serious purchaser is not the way to achieve this. Speak to the owners direct and explain that (a)you are serious purchasers (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you will continue to instruct your own,trusted Holbeach conveyancing lawyers - as opposed tothose that will provide their estate agent a referral fee or hit his conveyancing figures set by corporate headquarters.

Is there a reason that Holbeach conveyancing charges are higher for leasehold and freehold properties?

If buying a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control