My wife and I are buying a 3 bedroom flat in Bollington with a mortgage. We have a Bollington lawyer, however the mortgage company advise she’s not on their "panel". We have to appoint one of the bank panel firms or retain our Bollington property lawyer as well as pay for one of their panel firms to act for them. We feel that this is inequitable; can we not require that the bank use our Bollington conveyancer ?

Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Bollington conveyancing solicitor to apply to be on the conveyancing panel.

The deeds to our property are lost. The lawyers who conducted the conveyancing in Bollington 5 years ago no longer exist. What do I do?

As long as the title is registered the information relating to your proprietorship will be held by the Land Registry under a Title Number. It is easy to execute a search at the Land Registry, locate your house and order current copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will in most cases hold a file duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.

I opted to have a survey carried out on a house in Bollington ahead of instructing conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some banks tend refuse to issue a loan on a flying freehold home.

It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bollington. Conveyancing will be smoother if you use a solicitor in Bollington especially if they are accustomed to such properties in Bollington.

I am looking into buying my first house which is in Bollington and I am already nervous. I couldn't find anything specific about Bollington. Conveyancing will be needed in due course but do you know about the Bollington area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Bollington. In the meantime here are some basic statistics that we found

I am intending to let out my leasehold flat in Bollington. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?

Even though your previous Bollington conveyancing lawyer is not around you can check your lease to see if you are permitted to let out the property. The accepted inference is that if the lease is non-specific, subletting is permitted. Quite often there is a prerequisite that you are obliged to obtain consent from your landlord or other appropriate person before subletting. This means that you cannot sublet without prior permission. The consent must not not be unreasonably refused ore delayed. If your lease does not allow you to sublet you will need to ask your landlord if they are willing to waive this restriction.

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

You should be aware if it is less than 80 years it will have adverse implications on the value of the property. Check with your mortgage company that they are willing to to proceed given the lease term. Leases with less than 80 years remaining means that you will probably have to extend the lease sooner rather than later and it is worth discovering how much this would cost. For most Bollingtonlease extensions you would need to own the property for a couple of years before you are legally able to extend the lease. The best form of lease arrangement is where the freehold reversion is owned by the leaseholders. In this scenario the tenants enjoy being in charge if their destiny and notwithstanding that a managing agent is usually retained if the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. What restrictions are contained in the Bollington Lease?