Just been in touch with my conveyancing solicitor in Lake who acted for me two years ago requesting a conveyancing quote based on the same type of house sale & purchase (a leasehold premises and a freehold premises) of almost identical values with a loan from Lloyds TSB Bank. It looks as though am now being charged double. Should I look for a cheaper online property lawyer?

The costs illustration is fractionally on the steep side. If you you were to look around you might reduce the fees slightly by perhaps £100 plus VAT. On the other hand, assuming were happy with the service the firm provided you mightcome to regret opting for an a cheaper lawyer. Don't forget to enquire that the conveyancer can act for Lloyds TSB Bank. Do use our search tool to find a Lake conveyancing firm on the Lloyds TSB Bank member panel, which can often include conveyancing solicitors in Lake.

Why is leasehold purchase conveyancing in Lake costs more?

The conveyancing fees for a leasehold premises in Lake is frequently more expensive than on a freehold transaction. This is due to the extra work required in communicating with the landlord and management company to obtain information about whether the rent and maintenance charges have been paid and whether there are any large sums expected to be spent in the foreseeable future on repairs or maintenance of the building.

I am purchasing a right to buy a flat in Lake. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Lake you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Lake.

I'm remortgaging my existing home to a BTL loan with Platform Home Loans Ltd and I will use the rest of the raised equity as a down payment on further house. The neighborhood we are looking at is Lake. Will your lawyers be able to act for the two mortgage companies and link together the conveyances?

Make use of our comparison tool on this site to check that the solicitors are on the appropriate lender panels. Having checked that they are the lawyer will be able to simultaneously deal with the two conveyancing matters but you should talk with you solicitor and specify your expectations and requirements.

My husband and I may need to rent out our Lake basement flat temporarily due to a career opportunity. We used a Lake conveyancing practice in 2001 but they have closed and we did not have the foresight to seek any advice as to whether the lease permits subletting. How do we find out?

The lease dictates the relationship between the landlord and you the leaseholder; in particular, it will say if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. The majority of leases in Lake do not prevent subletting altogether – such a clause would adversely affect the market value the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.

I own a split level flat in Lake, conveyancing having been completed 8 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Lake with a long lease are worth £265,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease terminates on 21st October 2100

With just 75 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 plus legals.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.