I am in the market for a low cost property lawyer. Do I opt for an internet conveyancer or a high street Market Harborough conveyancing solicitor?

Market Harborough is a unique place, where local experience helps. The relaxed pace of life has it’s attractions – but not when it comes to your house move. The property lawyers that we endorse providing in-depth Market Harborough know how with a positive, can doattitude that ensures everything runs smoothly. It is a definite plus that they benefit from long term connections with mortgage brokers, search providers, surveyors and other Market Harborough conveyancing practitioners

Our Market Harborough solicitor has discovered an inconsistency when comparing the assumptions in the valuation report and what is revealed within the title deeds. My solicitor says that he is obliged to check that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s approach correct?

Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

We see that you have a post code search directory listing law firms on the Nationwide conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Market Harborough?

We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Market Harborough.

I am buying a new build flat in Market Harborough. Conveyancing is necessary evil 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 conveyancing.

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

There must be mutual enforceability of lessee’s covenants. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. 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. 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.

Can you offer any advice when it comes to appointing a Market Harborough conveyancing firm to carry out our lease extension conveyancing?

When appointing a property lawyer for your lease extension (regardless if they are a Market Harborough conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you make enquires with several firms including non Market Harborough conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:

Can they put you in touch with clients in Market Harborough who can give a testimonial? If the firm is not ALEP accredited then what is the reason?

I am the registered owner of a 1st floor flat in Market Harborough, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Market Harborough with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease ends on 21st October 2089

You have 65 years unexpired the likely cost is going to range between £13,300 and £15,400 as well as professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.