The conveyancer who helped my previous purchase has given a fee calculation of £995 for leasehold conveyancing in Red Lodge. I am hoping to downsize from a Georgian property for £250,000. This seems over the top. Is it in excess of the average fee for conveyancing in Red Lodge?
The costs illustration is slightly on the steep side. Where you are happy to spend time scrutinising charges you could shave off some of the expense by as much as £125. On the other hand, you couldcome to regret opting for an a cheaper conveyancer. Don't forget to check that the conveyancer can also act for your lender. You can make use of our comparison tool to locate a Red Lodge conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Red Lodge.
I am the registered owner of a freehold property in Red Lodge but nevertheless invoiced for rent, why is this and what is this?
It is rare for properties in Red Lodge and has limited impact for conveyancing in Red Lodge 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.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Red Lodge. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 6/11/2025, the requirements read as follows :
I have been told that property searches are the main cause of stalling in Red Lodge conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Local searches are unlikely to feature in any slowing down conveyancing in Red Lodge.
My partner and I may need to rent out our Red Lodge ground floor flat for a while due to a career opportunity. We used a Red Lodge conveyancing firm in 2002 but they have since shut and we did not think at the time get any guidance as to whether the lease allows us to sublet. How do we find out?
Some leases for properties in Red Lodge do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I bought a 2 bed flat in Red Lodge, conveyancing having been completed 3 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? Similar flats in Red Lodge with over 90 years remaining are worth £170,000. The ground rent is £50 invoiced every year. The lease expires on 21st October 2103
You have 78 years unexpired we estimate the price of your lease extension to range between £7,600 and £8,800 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.
We have chosen a Red Lodge conveyancing solicitor for our house purchase (novice purchasers) and have noticed in the engagement letter that they are not covered by the FCA. Am I right to be worried or is that usually the case with conveyancing practitioner?
We can't see why they should be. Most solicitor don't lend money. They should be governed by the Solicitors Regulation Authority, who have specific stipulations in relation to amounts deposited in their bank.