We are purchasing a apartment in Lunt. It might be a silly question but how we can trust a conveyancer? On completion day we have to deposit money into their account. What is the protection we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

When it comes to mortgage companies such as Kent Reliance, do Lunt solicitors have to pay an annual charge to be on the conveyancing panel?

We are unaware of any mortgage company fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.

I'm spending time looking at apartments in Lunt and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with RBS.

It would be sensible to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are taking out a mortgage with RBS, ask your prospective lawyers if they are on the RBS conveyancing panel otherwise they can't do the mortgage legal work.

Various web forums that I have visited warn that are the main cause of stalling in Lunt house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Searches are not likely to feature in any holding up conveyancing in Lunt.

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

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Lunt. 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 need to retain a conveyancing solicitor for purchase conveyancing in Lunt. I have stumble upon a site which looks to be the perfect answer If it is possible to get all formalities completed via web that would be preferable. Do I need to be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

When it comes to leasehold conveyancing in Lunt what are the most frequent lease defects?

Leasehold conveyancing in Lunt is not unique. Most leases are individual and legal mistakes in the legal wording can result in certain sections are missing. The following missing provisions could result in a defective lease:

Insurance obligations Clauses dealing with recovering service charges for expenditure on the building or common parts.

A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Coventry Building Society, and Nottingham Building Society all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, forcing the purchaser to withdraw.

Leasehold Conveyancing in Lunt - A selection of Queries Prior to Purchasing

How many of the leaseholders are in arrears for their maintenance charge payments? What restrictions exist in the Lunt Lease? Are there any major works anticipated that will likely add a premium to the maintenance fees?