We just had an offer accepted to purchase with Darlington Building Society. I visited a couple of high street practices yet am unable to find a Crick conveyancing firm on the Darlington Building Society panel. Could you help?

Please do take advantage of the find a conveyancing panel solicitor tool on this site. Pick the lender and type Crick or your preferred area and you will see numerous conveyancers offices in Crick or near you.

My wife and I are purchasing a house in Crick. I might seem paranoid but how we can trust a lawyer? At some point we have to send our life savings into their account. What is the protection we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

My bid for a property was accepted at auction in Crick. Conveyancing is required. What is next?

Given that you are now exchanged you should find a conveyancing practitioner soon as you will have a fast approaching deadline in which to complete the transaction. All auction property should have a bespoke legal set of papers. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the legal pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You need to hand this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that you have funds in order to complete on the on the contractual date .

We have agreed to purchase a house in Crick. A rare aspect is that the roof has a solar panel. Bank of Ireland have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

Given that you are obtaining a mortgage with Bank of Ireland your lawyer must check the formal instructions outlined in Section two of UK Finance Lenders’ Handbook for Bank of Ireland. The Council of Mortgage Lenders’ Handbook contains minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Bank of Ireland where a lease does not meet these specifications. The specifications relate to the installation of panels on properties nationwide and is not isolated to Crick.

I have been on the look out for a ground for flat up to £305k and identified one round the corner in Crick I like with amenity areas and station in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Crick in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you need a mortgage the remaining unexpired lease term will be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

I am 18 days into a residential purchase having been directed to solicitors by the selling agent to perform conveyancing in Crick. I am not happy. Could you help me find new solicitors?

A conveyancer would have to be very bad to suggest replacing them. Has your mortgage offer been issued? If so you will need to advise them of the new solicitor and get the loan are issued to the new lawyers. The conveyancer should be on the mortgage company approved list to avoid escalating expenses and frustration. That should be your starting point. Our search tool can assist you in finding a bank approved lawyer for your conveyancing in Crick

What makes a Crick lease unacceptable for security purposes?

There is nothing unique about leasehold conveyancing in Crick. All leases are unique and drafting errors can sometimes mean that certain provisions are wrong. The following missing provisions could result in a defective lease:

A provision for the recovery of money spent for the benefit of another party. Maintenance charge proportions which don’t add up to the correct percentage

You could encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Santander, Chelsea Building Society, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the buyer to pull out.

I bought a basement flat in Crick, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Crick with over 90 years remaining are worth £201,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease ends on 21st October 2090

With 65 years left to run we estimate the premium for your lease extension to span between £13,300 and £15,400 as well as professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.