Our solicitor has identified a a problem with the lease for the property we are buying in Bakewell. The other side have put forward defective title insurance as a solution. We are happy with insurance and will pay for it. Our lawyer has advised that he must ensure that the lender is willing to move forward with this solution. Who is the client here, us or the lender?

Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the lender are the client. The appropriate lender specifications have to be complied with.

Can I use your services to locate a Conveyancing solicitor in Bakewell even where I’m not purchasing or selling a house, for example if I wish to buy a shop in Bakewell with a mortgage from Coventry Building Society?

Our comparison service is primarily used to locate domestic conveyancing solicitors in Bakewell but we have listed towards the bottom of this page a selection of Bakewell commercial conveyancing firms. You will need to speak with the firm directly to check if they can also act for Coventry Building Society

A relative advised me that where I am purchasing in Bakewell I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is occasionally quoted for as part of the standard Bakewell conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Bakewell around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data about Bakewell.

My father has encouraged me to instruct his conveyancing solicitors in Bakewell. Should I choose my own solicitor?

There are no two ways about it the best way to select a conveyancing lawyer is to seek recommendations from friends or relatives who have previously instructed the solicitor that you are considering.

I've found a house that appears to be perfect, at a reasonable price which is making it more attractive. I have since been informed that the title is leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Bakewell. Conveyancing solicitors have are soon to be instructed. Will they explain the issues?

The majority of houses in Bakewell are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can assist with the conveyancing process. We note that you are purchasing in Bakewell so you should seriously consider looking for a Bakewell conveyancing solicitor and check that they are used to transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the freeholder’spermission to conduct changes to the property. You may also be required to pay a service charge towards the maintenance of the communal areas where the property is part of an estate. Your lawyer should appraise you on the various issues.

I purchased a basement flat in Bakewell, conveyancing was carried out March 1999. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Bakewell with a long lease are worth £176,000. The ground rent is £50 per annum. The lease ends on 21st October 2103

With only 80 years left to run the likely cost is going to be between £7,600 and £8,800 plus legals.

The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues 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 without first getting professional advice.