We are selling our apartment in Hilton. Will my solicitor need to be on the Bank of Ireland conveyancing panel in order to deal with the discharge of my mortgage?

Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.

Are there restrictive covenants that are commonly picked up during conveyancing in Hilton?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Hilton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am looking for a leasehold apartment up to £235,500 and identified one near me in Hilton I like with a park and transport links nearby, however it's only got 49 years unexpired on the lease. I can't really find anything else in Hilton for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you require a mortgage that many years may be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could 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 term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.

In sourcing the world wide web for the term conveyancing in Hilton it shows results of numerous solicitorsin the vicinity. How do I determine which is the suitable conveyancer for my move?

The best method of choosing the right conveyancer is via personal testimonial, so ask friends and relatives who have bought a property in Hilton or the reputable estate agent or financial adviser. Charges for conveyancing in Hilton vary, so it's a good idea to obtain a minimum of four estimates from varying types of companies. Be sure to secure confirmation that the costs are guaranteed not to increase.

Having had my offer accepted I require leasehold conveyancing in Hilton. Before diving in I require certainty as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and almost all are in Hilton - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I inherited a 1st floor flat in Hilton, 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? Similar properties in Hilton with over 90 years remaining are worth £211,000. The ground rent is £45 per annum. The lease ceases on 21st October 2088

With only 67 years left to run the likely cost is going to be between £10,500 and £12,000 plus costs.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.