I am mortgaging my home in Luton, does my lawyer need to be on the Leeds Building Society Conveyancing panel?

There is nothing to stop you using your solicitor, but Leeds Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.

Despite weeks of looking the Title Certificate and documents to my home are lost. The conveyancers who handled the conveyancing in Luton 4 years ago have long since closed. What are my next steps?

These day there are copies made of almost everything, and your lawyer should know precisely where to look for all the suitable documentation so you may buy or dispose of your house without a hitch. Where copies can’t be found, your conveyancer can arrange cover in the form of insurance or indemnities against possible claims on the property.

I am buying a new build apartment in Luton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Luton

Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

Hoping to buy a property located in Luton and I am already nervous. I couldn't find anything specific about Luton. Conveyancing will be needed in due course but do you know about the Luton area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Luton. In the meantime here are some basic statistics that we found

What makes a Luton lease problematic?

Leasehold conveyancing in Luton is not unique. All leases are unique and legal mistakes in the legal wording can result in certain provisions are erroneous. For example, if your lease is missing any of the following, it could be defective:

Maintenance charge proportions which don’t add up to the correct percentage A duty to insure the building

You will encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Barnsley Building Society, and Clydesdale all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the buyer to withdraw.

I invested in buying a 2 bed flat in Luton, conveyancing was carried out in 2010. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Luton with a long lease are worth £185,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease finishes on 21st October 2084

With 60 years remaining on your lease we estimate the price of your lease extension to span between £20,000 and £23,000 plus plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.