It has been 2 months since my purchase conveyancing in Leamington Spa completed. 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 residence 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.

Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Leamington Spa is the location of the property. Can you shed any light on this issue?

Flying freeholds in Leamington Spa are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Leamington Spa you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leamington Spa may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

My father-in-law has suggested that I instruct his lawyers for conveyancing in Leamington Spa. Should I choose my own conveyancer?

There are no two ways about it the ideal way to select a conveyancing lawyer is to seek feedback from friends or relatives who have actually experience in using the conveyancer you're considering.

Last August I purchased a leasehold property in Leamington Spa. Am I liable to pay service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I bought a studio flat in Leamington Spa, conveyancing was carried out in 2008. Can you work out an approximate cost of a lease extension? Similar properties in Leamington Spa with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £45 yearly. The lease runs out on 21st October 2088

You have 62 years unexpired we estimate the premium for your lease extension to range between £17,100 and £19,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is 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 detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.

There are a number of properties in Leamington Spa on unadopted lanes. My partner and I are acquiring such a house. Are there any benefits to purchasing a house on a private road?

Leamington Spa conveyancing solicitors are familiar with transacting homeson unadopted roads. Your conveyancing practitioner should review the Land Registry data to identify any rights or responsibilities. It is possible that there is a management company (wholly owned by residents) that residents pay into for the upkeep of the road. Where there is one, the road will likely be maintained and look better than publicly adopted.