We were about to instruct a conveyancing solicitor in Forest of Dean listed using your comparison tool but have come across some other quotes via the web appear less expensive – how come?

You can find many firms of solicitors advertising self styled cheap conveyancing, yet more often than not additionalcharges result in the closing bill markedly uplifted. In accordance with regulatory requirements fees set out in terms of engagement should be equitable and be applied The solicitors that we put forward for conveyancing in Forest of Dean clearly state all legal fees for a residential conveyancing matter.

I require quick conveyancing in Forest of Dean as I am faced with pressure to sign on the dotted line in less than one month. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?

If.Given you are not getting a mortgage you have the choice not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Forest of Dean the following are instances of issues that can arise and therefore affect the marketability of the property: Enforcement Notices, Outstanding Charges, Outstanding Grants, Unadopted Roads,...

Due to the guidance of my in-laws I had a survey completed on a property in Forest of Dean in advance of instructing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies tend refuse to grant a mortgage on this type of property.

It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Forest of Dean. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Forest of Dean to see if the conveyancing will be more expensive.

I am attracted to a couple of flats in Forest of Dean both have about forty five years remaining on the lease term. Will this present a problem?

There are no two ways about it. A leasehold apartment in Forest of Dean is a wasting asset as a result of the shortening lease. The nearer the lease gets to its expiry date, the more it adversely affects the value of the property. For most purchasers and banks, leases with less than 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a property with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Forest of Dean conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I acquired a basement flat in Forest of Dean, conveyancing having been completed May 1999. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Forest of Dean with a long lease are worth £175,000. The average or mid-range amount of ground rent is £65 yearly. The lease terminates on 21st October 2084

You have 58 years unexpired we estimate the price of your lease extension to span between £23,800 and £27,400 plus costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.

I am contemplating using an online conveyancing practitioner rather than a Forest of Dean conveyancing firm. Should I ‘stay local’?

Various benefits exist in having the option visit a local Forest of Dean conveyancing solicitor for example

• signing documents same day
• sometimes being able to see someone face-to-face can make a significant difference, particularly for non-standard conveyancing
• the ability to complain if things go pear-shaped

When analysing quotes, look out for hidden extras. The majority decent Forest of Dean high street solicitors give an all-inclusive price. Many online companies appear to offer cheap prices, yet have hidden 'extras' in the fine print.