I am need of leasehold conveyancing for an apartment in a fairly new development (five years built) in Lake District. Almost all the properties have already been disposed of. Do I need carry out the conveyancing searches for my conveyancing in Lake District?

If you are acquiring a property with the assistance of a mortgage, your mortgage company will insist on some (many) of the searches so you'll have no choice. If not, then Lake District conveyancing searches are for you to decide upon. No doubt your conveyancer, will 'advise', perhaps strongly, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Lake District.

I need some quick conveyancing in Lake District as I am under pressure to complete in less than 3 weeks. A home loan is not required. Can I avoid the conveyancing searches to save money and time?

If.Given you are not obtaining a mortgage you have the choice not to do searches although no lawyer would advise that you don't. With lots of history conveyancing in Lake District the following are examples of what can arise and adversely impact the marketability of the property: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...

How can the Landlord & Tenant Act 1954 affect my commercial property in Lake District and how can your lawyers assist?

The 1954 Act provides protection to commercial tenants, granting the a statutory right to apply to court for a renewal lease and remain in occupation when the lease comes to an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and help with commercial conveyancing in Lake District

I've found a house that seems to tick a lot of boxes, at a great price which is making it all the more appealing. I have just found out that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Lake District. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the risks of buying a leasehold house in Lake District ?

The majority of houses in Lake District are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. It is clear that you are buying in Lake District in which case you should be shopping around for a Lake District conveyancing solicitor and be sure that they are used to transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’spermission to conduct changes to the property. It may be necessary to pay a service charge towards the upkeep of the communal areas where the property is part of an estate. Your lawyer should appraise you on the various issues.

I purchased a split level flat in Lake District, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar flats in Lake District with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £50 levied per year. The lease terminates on 21st October 2092

With just 68 years unexpired we estimate the premium for your lease extension to be between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.

Whilst your website is a good idea there are many lawyers listed near Lake District being on the mortgage company conveyancing panel. Can you recommend a specific firm on the mortgage company approved panel?

We do not recommend specific Lake District firms as the right Lake District conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Lake District knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..