Do the conveyancing solicitors that you recommend conduct attended exchange conveyancing in Flitwick?

There are a few conveyancing specialists who can conduct attended exchanges. You should contact us to receive a conveyancing quote and details as to dates.

We are close to exchanging contracts on the sale of our house in Flitwick and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A high street Flitwick lawyer would know this is not the case. For the life of me I don't know why the buyers used a web based conveyancing practice rather than a conveyancing solicitor in Flitwick. We have lived in Flitwick for 4 years we know of no issue. Should we contact our local Authority to get confirmation that the buyers are looking for.

It sounds as though you may have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)

Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Flitwick I like with open areas and railway links in the vicinity, however it's only got 49 years unexpired on the lease. I can't really find anything else in Flitwick suitable, so just wondered if I would be making a mistake acquiring a short lease?

If you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.

In what way can the Landlord & Tenant Act 1954 impact my business property in Flitwick and how can you help?

The particular law that you refer to gives a safeguard to business leaseholders, giving them the legal entitlement to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act for protection and help with commercial conveyancing in Flitwick

I've found a house that seems to be perfect, at a great price which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Flitwick. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the implications of buying a leasehold house in Flitwick ?

Most houses in Flitwick are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. It is clear that you are buying in Flitwick in which case you should be shopping around for a Flitwick conveyancing practitioner and check 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 leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as requiring the landlord’spermission to carry out alterations. You may also be required to pay a maintenance charge towards the upkeep of the communal areas where the property is located on an estate. Your conveyancer will appraise you on the various issues.

I acquired a leasehold flat in Flitwick, conveyancing formalities finalised in 1995. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Flitwick with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease ceases on 21st October 50

You have 50 years unexpired we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional 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 seeking the advice of a professional.