I am expecting a mortgage offer from Santander. I intend to enlist the help of a Licensed Conveyancer in Endon. Does the Santander Solicitor panel include Licensed Conveyancers?

The Santander conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.

Are the Endon conveyancing solicitors identified as being on the Co-operative conveyancing panel, together with their details provided by Co-operative?

Endon conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.

I am considering applying for a TSB mortgage for purchase of a newly converted (under development) in Endon with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for TSB ?

In theory, you could use a solicitor that is not on the TSB conveyancing panel, but TSB would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.

Over the last few months I have been searching for a flat up to £305k and found one near me in Endon I like with a park and transport links nearby, however it's only got 52 years unexpired on the lease. I can't really find anything else in Endon suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.

I own a leasehold house in Endon. Conveyancing and Virgin Money mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Endon who previously acted has now retired. Do I pay?

First make enquiries of HMLR to make sure that this person is in fact the registered owner of the freehold reversion. You do not need to instruct a Endon conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Endon - Sample of Questions you should consider Prior to buying

You should want to find out as much as you can concerning the managing agents as they can either make life much easier or much more difficult. Being a leasehold owner you are frequently in the clutches of the managing agents from a financial perspective and when it comes to every day matters such as the cleanliness of the communal areas. Enquire of other tenants whether they are happy with them. On a final note, find out the dates that the service charges are due to the relevant party and specifically what you get for your money. The majority of Endon leasehold flats will be liable to pay a service bill for the upkeep of the block levied on behalf of the management company. Should you buy the property you will have to meet this amount, usually quarterly accross the year. This could vary from several hundred pounds to thousands of pounds for bigger purpose-built blocks. In all probability there will be a ground rent to be met annual, this is usually not a exorbitant amount, say about £50-£100 but you should to check as on occasion it can be many hundreds of pounds. How many years are left on the lease?