The lawyer who assisted with my last purchase has sent a quote for £1200 for freehold conveyancing in Broughton. I’m hoping to downsize from a Victorian detached home for £300,000. Are these conveyancing fees excessive? Is it in excess of the average fee for conveyancing in Broughton?
The charges are a bit high. If you are content to spend time scrutinising prices you may be able to trim some of the expense by say £100 plus VAT. That being said, you couldcome to rue choosing an an untested solicitor. Don't forget to be sure the firm can represent your bank. Do utilise our comparison tool to locate a Broughton conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Broughton.
Do lawyers request money up-front when it comes to conveyancing in Broughton?
If you are buying a property in Broughton your lawyer will request that you put them with monies to cover the search fees. Generally this is called for to cover the fees of the Local Authority Search. If any down payment is as part of the purchase price then this will be needed shortly before exchange of contracts. The final balance that is due will be payable a few days ahead of the day of completion.
I have 70 years remaining on my lease and require a lease extension for my apartment in Broughton. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 6/1/2026 the requirements read as follows :
I'm purchasing a new build house in Broughton with a loan from Britannia. The sellers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep suggested that I not disclose to my conveyancer about this deal as it may put at risk my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Broughton is the location of the property. Can you shed any light on this issue?
Flying freeholds in Broughton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Broughton you would need to get your solicitor to go 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 Broughton 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 residence.
I would like to rent out my leasehold flat in Broughton. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
Your lease governs relations between the landlord and you the flat owner; specifically, it will say if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. The majority of leases in Broughton do not prevent strict prohibition on subletting – such a provision would undoubtedly devalue the flat. In most cases there is simply a requirement that the owner notifies the freeholder, possibly supplying a copy of the tenancy agreement.
I own a 1 bedroom flat in Broughton, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Broughton with a long lease are worth £265,000. The ground rent is £50 invoiced annually. The lease ceases on 21st October 2101
With only 75 years remaining on your lease the likely cost is going to be between £8,600 and £9,800 as well as legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should 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 want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.