My solicitor has identified a a legal deficiency with the lease for the property we are buying in Chadderton. The other side have put forward defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our conveyancing practitioner has advised that he must ensure that the lender is content with this solution. Who is the client here, us or the mortgage company ?

Notwithstanding that you have a mortgage offer from the lender 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 requirements. You and the bank are the client. The appropriate lender provisions must be adhered to.

Why do I have to pay up front for my conveyancing in Chadderton?

Where you are retaining lawyers for conveyancing in Chadderton your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. Normally this is asked for to cover the fees of the conveyancing searches. If any deposit is payable against the purchase price then this will be asked for shortly before exchange of contracts. The final balance that is due will be payable a few days prior to the day of completion.

I have todaydiscovered that Stirling Law have closed. They conducted my conveyancing in Chadderton for a purchase of a leasehold apartment 12 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?

The easiest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chadderton conveyancing specialists.

My husband and I are 18 days into a freehold purchase having been directed to solicitors by the local agent to do our conveyancing in Chadderton. I am am very disappointed with the level of service. Can you help me find new conveyancers?

A conveyancer would need to be very bad in order to consider changing them. Has your mortgage been issued? If so you must make them aware of the new contact details and get the mortgage documents are issued to the new lawyers. Your new solicitor ideally should be on the banks approved list to avoid supplemental charges and complications. That should be your starting point. Our search tool will assist you in finding a lender approved conveyancer for your home move in Chadderton

Back In 2001, I bought a leasehold house in Chadderton. Conveyancing and Bank of Scotland mortgage went though with no issue. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Chadderton who acted for me is not around. What should I do?

The first thing you should do is contact HMLR to be sure that this person is in fact the new freeholder. There is no need to incur the fees of a Chadderton conveyancing firm to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Chadderton - A selection of Questions you should ask Prior to Purchasing

Is the freehold owned collectively by the tenants? How many of the leaseholders are in arrears for their maintenance charge payments? What is the the remaining lease term?