I am hoping to receive a mortgage with Halifax. I intend to retain the legal services of a Licensed Conveyancer in Allestree. Does the Halifax Conveyancing panel allow for Licensed Conveyancers?

The Halifax conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

My wife and I have lately bought a house in Allestree. We have since encountered a number of issues with the property which we consider were missed in the conveyancing searches. What action can we take? Can you clarify the type of searches that should have been carried out as part of conveyancing in Allestree?

It is not clear from the question as what problems have arisen and if they are relate to conveyancing in Allestree. Conveyancing searches and investigations undertaken during the buying process are designed to help avoid problems. As part of the process, the vendor answers a document known as a Seller’s Property Information Form. answers is inaccurate, you may have a misrepresentation claim against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Allestree.

We wanted to use a conveyancing solicitor in Allestree for our house move. Our broker has since notified us that our bank won't deal with them. Surely this is unduly restrictive?

Lenders tend to restrict either the type or the number of conveyancing solicitors on their approved list of lawyers. Typical examples of such restriction(s) being that a law practice must not be a sole practitioner. As well as restricting the type of firm, some have decided to limit the amount of solicitor practices they use to act for them. Be aware that have no responsibility for the quality of advice provided by any member of Conveyancer Panel. Mortgage fraud was a key driver in the reduction of conveyancing panels a few years ago even though there remains differing views concerning the level of solicitor engagement in some of that fraud. Data from the Land Registry reveal that plenty of law firms, including some in or near Allestree only conduct a couple conveyances a year.

My wife and I have a semi-detached Georgian property in Allestree. Conveyancing lawyer represented me and . I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??

You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Allestree and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing solicitor who conducted the purchase.

I am in need of some leasehold conveyancing in Allestree. Before I get started I want to be sure as to the number of years remaining on the lease.

If the lease is recorded at the land registry - and almost all are in Allestree - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I invested in buying a leasehold flat in Allestree, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Equivalent properties in Allestree with an extended lease are worth £165,000. The average or mid-range amount of ground rent is £45 per annum. The lease ceases on 21st October 50

With just 50 years unexpired we estimate the price of your lease extension to be between £36,100 and £41,800 plus professional fees.

The suggested premium range 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 tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.