My partner’s uncle is a property lawyer. I hope that I will be offered preferential pricing for conveyancing, However if that does not come materialise, what kind of costs should I be expecting for conveyancing in Turvey?

You should contrast pricing. Do use our comparison tool on this page. Whilst quotes will contrast greatly but the service one can expect differ between solicitors as is true with most professions.

Is there a reason why leasehold purchase conveyancing in Turvey costs more?

In short, leasehold conveyancing in Turvey and usually warrants more work compared to freehold conveyancing. This includes reviewing the lease, communicating with the landlord about the service of appropriate notices, securing current service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.

Due to the input of my in-laws I had a survey completed on a property in Turvey in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some lenders tend not grant a loan on such a property.

It depends who your proposed lender is. Santander has different requirements for example to Nationwide. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Turvey. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Turvey to see if the conveyancing costs will increase in light of this.

I have been recommended by a number of property agents in Turvey to select a property lawyer on your site. What’s the financial incentive for Estate Agents to offer your lawyers over and above a competitor’s?

We refuse to give any commission for pointing buyers and sellers our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

Frank (my husband) and I may need to sub-let our Turvey basement flat temporarily due to a career opportunity. We instructed a Turvey conveyancing practice in 2004 but they have since shut and we did not have the foresight to seek any advice as to whether the lease allows us to sublet. How do we find out?

A small minority of properties in Turvey do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord is not entitled to 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 bought a basement flat in Turvey, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Turvey with an extended lease are worth £165,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease expires on 21st October 50

With only 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 cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.