Having been told to check out your organisation we were going to go ahead with a conveyancing solicitor in Boldon recommended by you but have come across alternative costs illustrations via the web appear less pricey – how come?
One can find numerous solicitors advertising supposedly cheap conveyancing, but supplementalcharges result in the final invoice mounting up beyond all recognition. According to the Legal Ombudsman charges outlined in terms of engagement should be transparent and reasonable and be applied The law firms that we list for conveyancing in Boldon set out all costs for a standard conveyancing matter.
I purchased a freehold house in Boldon but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Boldon and has limited impact for conveyancing in Boldon but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
I have 71 years remaining on my lease and need a lease extension for my apartment in Boldon. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 18/11/2025 the requirements read as follows :
I have been told that property searches are the number one cause of stalling in Boldon conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Boldon.
I have a 4 bedroom Georgian house in Boldon. Conveyancing practitioner represented me and National Westminster Bank. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the exact same property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Boldon and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing practitioner who conducted the purchase.
Do you have any advice for leasehold conveyancing in Boldon with the aim of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Boldon can be bypassed where you appoint lawyers as soon as you market your property and ask them to put together the leasehold documentation needed by the purchasers’ representatives. If there is a history of any disputes with your landlord or managing agents it is essential that these are resolved before the property is marketed. The purchasers and their solicitors will be reluctant to purchase a flat where a dispute is unresolved. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as historic as opposed to unsettled. A minority of Boldon leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers obtain bank and professional references. The bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors. If you have carried out any alterations to the property would they have required Landlord’s consent? In particular have you laid down wooden flooring? Boldon leases often stipulate that internal structural changes or addition of wooden flooring require a licence issued by the Landlord consenting to such works. If you fail to have the consents to hand do not contact the landlord without checking with your conveyancer in advance.
I bought a studio flat in Boldon, conveyancing formalities finalised in 2010. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Boldon with an extended lease are worth £201,000. The ground rent is £45 levied per year. The lease terminates on 21st October 2090
With just 65 years unexpired the likely cost is going to be between £13,300 and £15,400 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be 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.