Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Frenchay. My lender is Tesco Bank

Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/4/2021, the requirements read as follows :

Please help - my lawyer advises that lack of planning permission insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Frenchay?

The right level of lack of planning permission indemnity insurance depends on your lender. It would differ for example between Santander and Leeds Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.

is it true that all Frenchay conveyancing solicitors on the Aldermore conveyancing panel are governed by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the Aldermore approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. The majority of mortgage companies do allow licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.

I am expecting a AIP from Lloyds this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Lloyds recommend any Frenchay solicitors on the Lloyds conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Frenchay solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.

We are purchasing a house and the lawyer has mentioned Chancel Repair for which the house may be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly appropriate for conveyancing in Frenchay

Unless a prior purchase of the property took place post 12 October 2013 you may assume that lawyers conducting conveyancing in Frenchay to continue to recommend a chancel search and or chancel repair liability insurance.

I today plan to offer on a house that appears to meet my requirements, at a great figure which is making it all the more appealing. I have just found out that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Frenchay. Conveyancing lawyers have not yet been appointed. Will they explain the issues?

Most houses in Frenchay are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are buying in Frenchay in which case you should be shopping around for a Frenchay conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example requiring the freeholder’spermission to carry out alterations. You may also be required to pay a service charge towards the upkeep of the estate where the house is located on an estate. Your solicitor will report to you on the legal implications.

I inherited a basement flat in Frenchay, conveyancing formalities finalised in 2012. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Frenchay with an extended lease are worth £211,000. The ground rent is £50 invoiced annually. The lease ends on 21st October 2089

You have 68 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of 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 should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.

How much experience do your Frenchay conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?

Frenchay conveyancing lawyers help thousands of people move home every year and assisted plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Frenchay conveyancers have worked on recent similar matters.