Can you suggest a Nottingham Building Society allowed Kesgrave conveyancing practice finish our home move within a very limited time frame? Would it be better to use a high street Kesgrave firm or a national conveyancer?

We would be happy to suggest some excellent Kesgrave conveyancing firms. You can also walk up the main road in Kesgrave. Visit some well established law practices and ask to see a conveyancing solicitor for a costs illustration. Mention your expectations together with the reasons and get an assurance on your deadline. Choose the one that you trust.

I have a terraced Georgian house in Kesgrave. Conveyancing solicitor represented me and Lloyds TSB Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the exact same property. Is it worth asking Lloyds TSB Bank to clarify?

You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kesgrave and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing solicitor who carried out the work.

I am buying a new build flat in Kesgrave. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Kesgrave

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I need to retain a conveyancing solicitor for remortgage conveyancing in Kesgrave. I happened to discover a site which looks to be the ideal solution If it is possible to get all this stuff completed via email that would be preferable. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

What makes a Kesgrave lease problematic?

Leasehold conveyancing in Kesgrave is not unique. All leases are individual and drafting errors can sometimes mean that certain clauses are wrong. For example, if your lease is missing any of the following, it could be defective:

Maintenance charge proportions which don’t add up to the correct percentage A provision to repair to or maintain parts of the property

You may encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Nationwide Building Society, Coventry Building Society, and Platform Home Loans Ltd all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the purchaser to withdraw.

I acquired a 1st floor flat in Kesgrave, conveyancing was carried out 3 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Kesgrave with a long lease are worth £216,000. The ground rent is £50 invoiced every year. The lease ends on 21st October 2094

You have 69 years unexpired the likely cost is going to span between £9,500 and £11,000 plus legals.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.