We are buying a house and require a conveyancing solicitor in Bodfari who is on the Coventry BS approved panel. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Bodfari.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Bodfari?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Bodfari. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Bodfari is the location of the property. What do you suggest?

Flying freeholds in Bodfari are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bodfari you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bodfari may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

I am attracted to a couple of maisonettes in Bodfari both have in the region of forty five years left on the leases. Do I need to be concerned?

There are plenty of short leases in Bodfari. The lease is a legal document that entitles you to use the premises for a period of time. As the lease gets shorter the marketability of the lease deteriorates and it becomes more expensive to extend the lease. For this reason it is often a good idea to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease as mortgage companies may be unwilling to lend money on such properties. Lease extension can be a protracted process. We advise that you get professional help from a conveyancer and surveyor with experience in this field.

I invested in buying a 2 bed flat in Bodfari, conveyancing formalities finalised in 2009. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Bodfari with over 90 years remaining are worth £222,000. The ground rent is £50 levied per year. The lease finishes on 21st October 2096

With 71 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.

We are about to complete buying a house in Bodfari but as a result of damage from the recent storms I have agreed compensation from the owner of £2k taking the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process yet my bank will not permit this. Should they have been notified?

Any lawyer listed on a lender approved list is duty bound to advise the bank of any variations to the sale figure. In the event that you did not allow your property lawyer to disclose the price change to your mortgage company then they would need to disinstructing themselves from acting for you and the lender.