five months have elapsed since my purchase conveyancing in Broadstone concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I opted to have a survey carried out on a property in Broadstone prior to appointing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies will not issue a mortgage on a flying freehold house.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Broadstone. Conveyancing may be slightly more expensive based on your lender's requirements.

Should I use a Broadstone conveyancing solicitor in close proximity to the house I am buying? An old friend can carry out the legal formalities however her office is a couple of hundredmiles drive away.

The primary upside of using a high street Broadstone conveyancing firm is that you can pop in to execute documents, hand in your identification documents and apply pressure on them where appropriate. They will also have local insight which is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were impressed that should outweigh using an unfamiliar Broadstone conveyancing lawyer solely due to them being based in the area.

I today plan to offer on a house that appears to tick a lot of boxes, at a great figure which is making it all the more appealing. I have since found out that it's a leasehold as opposed to freehold. I would have thought that there are issues buying a house with a leasehold title in Broadstone. Conveyancing advisers have are soon to be instructed. Will they explain the issues?

Most houses in Broadstone are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are buying in Broadstone so you should seriously consider shopping around for a Broadstone conveyancing solicitor and be sure that they are used to advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example requiring the landlord’spermission to conduct alterations. It may be necessary to pay a service charge towards the maintenance of the communal areas where the property is located on an estate. Your conveyancer should report to you on the legal implications.

I purchased a basement flat in Broadstone, conveyancing was carried out 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Broadstone with over 90 years remaining are worth £165,000. The ground rent is £45 per annum. The lease comes to an end on 21st October 50

With 50 years left to run we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.

Can you confirm the extent of conveyancing dealt with by Broadstone conveyancing practices?

Almost all Broadstone conveyancing companies can conduct a number of assistance to home and land owners, vendors, purchasers, landlords and leaseholders such as:

Standard residential sale conveyancing in Broadstone or throughout the rest of the country Private residential purchase conveyancing in Broadstone and countrywide Advice on purchasing property as Tenants in Common Transfers of Equity Conveyancing in Broadstone and beyond Broadstone conveyancing for Conveyancing for repossessed property Switching mortgage providers