Why would I appoint a Highnam conveyancing practice when national alternatives are less overpriced?
By all means make sure that you compare conveyancing costs in Highnam and you should seek a reasonable estimate but don’t become consumed with scouring the internet for the cheapest Highnam conveyancer. Identifying the right conveyancer can be the difference between a seamless and a stressful home move. You need to ensure that you have expert guidance from a specialist lawyer. An e-mail can never take the place of a phone discussion and can never replicate a face to face meeting. Our partner firms will appoint you a qualified and top rated conveyancing solicitor who can tackle your conveyancing from start to finish, giving the sort of continuity that you rarely receive from an internet conveyancer. Our lawyers will contact you regularly to update you as to progress making sure that you are regularly updated. If you ever need to call the firm you will be sure who you need to speak to and they will endeavour to make sure that you're not left wondering what's going on.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Highnam. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 4/8/2026, the requirements read as follows :
About to purchase a new build apartment in Highnam. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Highnam
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There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared.
My partner has recommend that I instruct his conveyancers in Highnam. Do I take his advice?
There are no two ways about it it’s preferable to find a conveyancing practitioner is to have referrals from friends or family who have actually experience in using the solicitor that you are are thinking of instructing.
I am attracted to a two flats in Highnam both have in the region of 50 years remaining on the leases. should I be concerned?
There is no doubt about it. A leasehold flat in Highnam is a wasting asset as a result of the shortening lease. The closer the lease gets to its expiry date, the more it adversely affects the salability of the premises. For most purchasers and mortgage companies, leases with under eighty years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises 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 Highnam conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending 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 bought a basement flat in Highnam, conveyancing was carried out in 1999. Can you work out an approximate cost of a lease extension? Comparable properties in Highnam with an extended lease are worth £265,000. The ground rent is £50 levied per year. The lease ceases on 21st October 2101
You have 75 years remaining on your lease we estimate the price of your lease extension to be between £8,600 and £9,800 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 provide the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
Our conveyancer in Highnam has identified a a problem with the lease for the property we are purchasing in Highnam. The seller’s lawyers have suggested defective title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer says that as he is on the mortgage company conveyancing panel he must check that the lender is happy with this solution. Are we the client or is the mortgage company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. A precondition to being on the bank approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.