My wife and I have recently appointed a conveyancing solicitor in Bloxwich. I I would like to check if they are accepted on the conveyancing panel. Can you advise?

You should phone the solicitor and enquire if they can act for the bank. Alternatively you can call who may be able to confirm.

Various web forums that I have frequented warn that are the number one cause of obstruction in Bloxwich conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Bloxwich.

It has been three months following my purchase conveyancing in Bloxwich took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Due to the advice of my in-laws I had a survey completed on a property in Bloxwich before instructing solicitors. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some banks tend not give a mortgage on a flying freehold property.

It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bloxwich. Conveyancing may be slightly more expensive based on your lender's requirements.

Bloxwich Conveyancing for Leasehold Flats - A selection of Queries Prior to buying

Its a good idea to discover as much as possible about the company managing the block as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to daily matters like the cleanliness of the common parts. Don't be afraid to ask other tenants what they think of their management. In conclusion, investigate as to the dates that the service fees are due to the managing agents and precisely what you get for your money. How many of the leaseholders are in arrears for their service charge payments? Where a Bloxwich lease has no more than 80 years it will have adverse implications on the salability of the apartment. Check with your bank that they are content with residual term of the lease. Leases with less than 80 years remaining means that you will most likely have to extend the lease sooner rather than later and you need to have some idea of how much this would cost. For most Bloxwichlease extensions you would need to own the property for two years in order to be entitled to carry out a lease extension.