My best friend’s mother is a solicitor. I anticipate that I will receive preferential rates for conveyancing, but if not, what kind of costs should I be paying for conveyancing in Prescot?

Do compare pricing. Make use of our search tool on this site. Whilst quotes seem to vary but service levels do are distinct between property lawyers as is the case with the vast majority of professional services.

I opted to have a survey completed on a house in Prescot prior to appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some banks tend refuse to give a loan on this type of premises.

It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Prescot. Conveyancing may be slightly more expensive based on your lender's requirements.

How do I use your search facility to get a costs illustration from a conveyancing solicitor in Prescot on the approved list for my bank?

1st pick a mortgage company such as Lloyds TSB Bank, Norwich and Peterborough Building Society or Alliance & Leicester then choose your preferred area a common one being Prescot. Conveyancing practices in Prescot and nationally should be identified.

Should I instruct a Prescot conveyancing practitioner who is local to the property I am purchasing? We have a good friend who can carry out the conveyancing but her office is a couple of hundredmiles away.

The primary upside of using a high street Prescot conveyancing practice is that you can attend the office to execute paperwork, hand in your ID and apply pressure on them if necessary. They will also have local insight which is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and they were impressed that must outweigh using an unfamiliar Prescot conveyancing solicitor solely due to them being local.

I’m about to sell my garden apartment in Prescot. Conveyancing has not commenced, but I have just received a half-yearly maintenance charge demand – Do I pay up?

It best that you discharge the invoice as you normally would given that all rents and service charges should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Prescot Leasehold Conveyancing - Examples of Queries Prior to buying

Does the lease contain onerous restrictions? Who is in charge of the block? You should be aware if it is less than eighty years it will have adverse implications on the salability of the flat. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely need a lease extension at some point and it is worth discovering how much this will be. For most Prescotlease extensions you will be required to have owned the residence for two years in order to be entitled to exercise a lease extension.