My fiance and I wish to acquire a newbuild flat in Lound with a residential mortgage from Aldermore.We have a Lound conveyancing solicitor but Aldermore informed us she’s not on their "panel". It seems we are left with no choice but to instruct a Aldermore panel firm or keep our local solicitor and pay for a Aldermore panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?

Unfortunately,no. The loan offered to you contains terms and conditions, a common one being that lawyers will be on the Aldermore solicitor panel. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Aldermore

I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Lound for a purchase of a leasehold flat 9 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?

The quickest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Lound conveyancing specialists.

How can the Landlord & Tenant Act 1954 affect my business premises in Lound and how can you help?

The particular law that you refer to provides a safeguard to business leaseholders, giving them the dueness to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Lound is one of our many areas of the UK in which our lawyers are based

Do you have any advice for leasehold conveyancing in Lound from the perspective of speeding up the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Lound can be reduced where you instruct lawyers as soon as your agents start marketing the property and ask them to put together the leasehold information needed by the purchasers’ lawyers.
Some Lound leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers put in hand bank and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. If you are supposed to have a share in the freehold, you should ensure that you have the original share certificate. Organising a duplicate share certificate can be a lengthy process and frustrates many a Lound home move. If a new share is necessary, you should approach the company officers or managing agents (where relevant) for this as soon as possible. You may think that you are aware of the number of years left on your lease but you should double-check by asking your conveyancers. A buyer’s conveyancer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is less than 75 years. In the circumstances it is essential at an as soon as possible that you identify whether the lease for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. If you have had conflict with your landlord or managing agents it is very important that these are settled prior to the flat being put on the market. The purchasers and their solicitors will be nervous about purchasing a flat where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to reveal the dispute as over rather than unresolved.

Leasehold Conveyancing in Lound - Sample of Queries before buying

Its a good idea to find out as much as possible about the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents from a financial perspective and when it comes to every day matters like the upkeep of the communal areas. Don't be shy to ask prospective neighbours whether they are happy with their service. Finally, find out the dates that the service charges are due to the appropriate party and precisely how they are spending that money. What is the name of the managing agents? What is the maintenance charge and ground rent on the apartment?

What is the best way of identifying a auction conveyancing in Lound?

Option 1 is to ask the people you trust who they used in the past and if they were happy with the service. Second, search the web for conveyancing in Lound. Phone a couple or more firms from the list and request that they send you their conveyancing charges and discuss your needs with the solicitor who will handle your conveyancing before you make your decision. Third is to make use of our search tool to help you find the right solicitors for you based on your unique requirements including location,speed, complexity and who the proposed mortgage company is.Do not be fooled by £99 conveyancing solicitors in Lound