I am buying a right to buy a flat in New Invention. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?

Leaving aside the complexities and merits of DIY conveyancing in New Invention you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in New Invention.

This question may be naive but I am unseasoned as FTB of a ground floor flat in New Invention. Do I pick up the keys to the premises on the completion date from my solicitor? If so, I will use a High Street conveyancing solicitor in New Invention?

On the day of completion you do not need to attend the conveyancers office in New Invention. Your solicitors will transfer the purchase money to the owner’s lawyers, and once they have received this, you will be able to pick up the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.

I am the only beneficiary of my late grandmother’s estate and I have everything in my name alone, including the house in New Invention. The New Invention property was put into my name in March. I plan to dispose of the property. I do know about the CML six month 'rule', which means that my proprietorship may be regarded the same way as if I'd bought the property in March. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How practical a view banks take of it, depend on the bank as this provision primarily exists to capture the purchase and immediately sell or the wholesaling and assigning of properties.

Can you point me to a directory of Santander panel solicitors in New Invention on the UK Finance Lenders’ Handbook Website?

No. There is no such facility on the CML or Building Society Association websites. A small selection of banks make their panel listings open the public on the web. Where you are seeking to appoint a New Invention conveyancer on the Santander please use our facility.

Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in New Invention I like with a park and station nearby, the downside is that it only has 61 remaining years left on the lease. There is not much else in New Invention in this price bracket, so just wondered if I would be making a grave error buying a short lease?

If you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

I'm converting the mortgage on my primary house to a BTL mortgage with Britannia and I will use the ballance of the raised equity as a down payment on a second house. The location we are talking about is New Invention. Will your solicitors be able to act for both sets of lenders and link together the two deals?

Do use our search tool on this page to check that the lawyers are on the appropriate lender panels. Assuming that they are the conveyancer should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you lawyer and specify your desired outcome and requirements.

There are numerous properties in New Invention on unadopted lanes. I am purchasing one such property. What would be the advantages and disadvantages of purchasing a residence on a privately owned road?

New Invention conveyancing practices will be well versed in transacting houseson private. The solicitor will review the Land Registry data to identify any rights or responsibilities. In many cases there is a residents association that residents pay into to maintain the road. If one exists, the road will likely be maintained and look better than council owned.