My wife and I are intent on buying a maisonette in Bidford On Avon. My property lawyer is not on the lender solicitor panel. Am I still permitted to retain my Bidford On Avon conveyancing solicitor even though they are excluded from the mortgage company approved list?

You must appoint a conveyancer to deal with the legal work required if you require a mortgage to buy your home. The conveyancer will conduct all the necessary legal checks on the property, ensuring that you’re registered as proprietor and ensure that all the required mortgage paperwork is dealt with. One can instruct a Bidford On Avon conveyancing practitioner of your choice. However, where the lawyer selected is not a member of the lender solicitor panel further costs will be incurred as separate legal representation will be required by them. Bank panel applications can be submitted, so if your solicitor has not previously applied for membership they should take the opportunity to apply.

I am buying a semi-detached house in Bidford On Avon. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Bidford On Avon 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 Bidford On Avon.

I am buying a new build flat in Bidford On Avon. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Bidford On Avon

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Bidford On Avon I like with open areas and transport links in the vicinity, the downside is that it only has 51 years on the lease. There is not much else in Bidford On Avon suitable, so just wondered if I would be making a mistake purchasing a short lease?

If you need a home loan the shortness of the lease may be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.

I'm refinancing my current home to a buy to let mortgage with Nationwide Building Society and intend to use the remaining equity towards another property. The area we are interested in is Bidford On Avon. Will your conveyancers be able to act for both sets of banks and link together the conveyances?

Do use our search tool on this page to ensure that the lawyers are on the relevant lender panels. Having checked that they are your solicitor will be able to tie up the two deals but you should talk with you solicitor and make apparent your desired outcome and needs.