Me and my fiancee are acquiring our first home. The conveyancing practitioner has messagedto enquire if we would like to order supplemental conveyancing searches. We are really unsure what's recommended for conveyancing in Rendlesham

The range of Rendlesham conveyancing searches depends entirely on the premises, the location, the probability of any of these risks, your familiarity of the locality and risks, your overall attitude to risk. What matters is that you properly comprehend what information each search could provide. You may then make a decision if you personally think you need that search. Where you are uncertain, ask your lawyer to guide you.

What does my ID and proof of funds have anything to do with my conveyancing in Rendlesham? What am I being asked for?

Rendlesham conveyancing solicitors and indeed property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client with a view to ensure that clients are who they say they are.

Conveyancing clients are required to produce two forms of certified ID; proof of ID (typically a Passport or Driving Licence) and evidence of address (usually a Bank Statement no more than three months).

Confirmation of source of monies is also necessary under the money laundering laws as lawyers are required to check that the funds you are utilising to acquire a property (be it the exchange deposit or the full purchase price if you are buying mortgage free) has come from an acceptable source (such as employment savings) as opposed to the product of illegitimate activity.

I am a sole trader intending to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering no-sale-no fees for non-domestic conveyancing in Rendlesham for under 2k?

We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Rendlesham, including the disposal and purchase of businesses as well as simply premises. If you are looking to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. Regarding the charges this will depend on the structure and nuances of the deal. Let us have your contact information or call so as to enable us to provide you with comprehensive commercial conveyancing calculation.

I am intending to sublet my leasehold flat in Rendlesham. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?

Some leases for properties in Rendlesham do contain a provision to say that subletting is only allowed with permission. The landlord cannot unreasonably refuse but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

I acquired a 1st floor flat in Rendlesham, conveyancing having been completed 8 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Rendlesham with a long lease are worth £206,000. The ground rent is £45 charged once a year. The lease finishes on 21st October 2090

With just 66 years unexpired the likely cost is going to span between £11,400 and £13,200 plus legals.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.

We have an offer in principle from Birmingham Midshires who have advised we could borrow up to £218k. When do I need to instruct a solicitor for conveyancing? Rendlesham is where we are buying.

You can appoint a property lawyer now so that the solicitor can open the ledger so they can do their AML checks etc. Once you wish them to start work you will be asked for a payment on account normally approximately £225. That should generally be once you have the loan offer from your bank and survey back, but if you wish to speed the process you can get going sooner albeit risking some expense.