I am about to put a bid on a leasehold property in Milnthorpe. The selling agents say that it is usual for flats in Milnthorpe to have less than 75 years unexpired on the lease. I am getting a mortgage with Platform. Is this going to be acceptable if the lease has 72 years to go.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 31/8/2024 the requirements read as follows :

I have today made my last payment due on my mortgage with Nationwide. I assume I don't need a Milnthorpe solicitor on the Nationwide panel to discharge the mortgage at the Land Registry. Am I right?

If you have finished paying off your Nationwide mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nationwide mortgage from the register. Nationwide, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Nationwide has sent the Land Registry the discharge electronically, and
3. Nationwide has instructed the Land Registry to do so

I am due to exchange contracts on my apartment. I had a double glazing fitted in December 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Skipton are being pedantic. The Milnthorpe solicitor who is on the Skipton conveyancing panel is recommending indemnity insurance as a solution but Skipton are insisting on a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?

It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

I was told two weeks ago that my mortgage has been agreed to by Nottingham. Is it usual for Nottingham to only issue the offer once my solicitor in Milnthorpe is approved on their conveyancing panel? Nottingham have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.

I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a house in Milnthorpe? or I am told that there is an ancient law that could mean that owners of property living in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this applicable for conveyancing in Milnthorpe?

Unless a previous acquisition of the property completed after 12 October 2013 you could take it that lawyers carrying out conveyancing in Milnthorpe to continue to suggest a chancel search and or chancel repair liability policy.

I have recentlybecome aware that Action Conveyancing have closed. They carried out my conveyancing in Milnthorpe for a purchase of a freehold house 10 months ago. How can I be sure that my home is in my name in the name of the former proprietor?

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 Milnthorpe conveyancing specialists.

Me and my partner are hoping to buy a 2 room bungalowin Milnthorpe with a loan from a bank. We have selected a lawyer in Milnthorpe however our mortgage company advise she’s not approved on their "panel". It seems we have little choice but to instruct one of the our mortgage company panel solicitors or keep our Milnthorpe conveyancer and incur the extra costs for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that our bank use our Milnthorpe lawyer?

Unfortunately,no. The lender mortgage issued is subject to its terms and conditions, one of which will be that solicitors will on the lender's conveyancing panel. in the past, most lenders had open panels, including many conveyancing solicitors in Milnthorpe : a mortgagee 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. A further alternative is for your solicitors to apply to be on the conveyancing panel for your lender.