I plan on purchasing residence in Long Itchington. My Solicitor is not listed on the bank approved list. Am I still permitted to appoint my Long Itchington conveyancing solicitor notwithstanding that they are not on the mortgage company approved list?

You will need to use a conveyancing practitioner to complete the formalities if you require a loan to buy your home. The conveyancer will carry out all the necessary due diligence on the property, ensuring that you’re registered as proprietor and ensure that all the necessary mortgage documentation is dealt with. You can appoint a Long Itchington lawyer of your choosing. However, if the conveyancer appointed is not a member of the bank approved list additional fees will be incurred as separate legal representation will be need by the lender. Bank panel applications may be submitted, so if your solicitor has not in the past applied for membership they should do so.

My partner and I are acquiring our first home. Our solicitor has calledto see if we wish to order additional conveyancing searches. Unfortunately we have no idea as to what's necessary for conveyancing in Long Itchington

The quantity and type of Long Itchington conveyancing searches depends entirely on the property, the location, the likelihood of any of these risks, your knowledge of the area and risks, your overall appetite to risk. What is important is that you properly appreciate what information the searches could supply. Then you can make a decision if you consider that you need that search. Where you are in doubt, ask the solicitor to offer guidance.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one near me in Long Itchington I like with open areas and station in the vicinity, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Long Itchington in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

Should you require a mortgage that many years will be problematic. Discount the price 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 can ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

My cousin has suggested that I appoint his lawyers for conveyancing in Long Itchington. Should I use them?

No doubt the best way to choose a conveyancing practitioner is to have feedback from friends or family who have actually used the firm that you are are thinking of instructing.

Last April I purchased a leasehold house in Long Itchington. Do I have any liability for service charges for periods before my ownership?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Long Itchington Conveyancing for Leasehold Flats - Examples of Queries before buying

How long is the Lease? What restrictions are contained in the Long Itchington Lease?