Me and my partner are due to exchange on the purchase of a house in Nuneaton but as a result of wreckage from some water damage at the property I have was able negotiate reparation from the vendor in the sum of £2k in the form of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process yet Lloyds will not agree to this. Should they have been approached?

The conveyancer being on the Lloyds approved list is duty bound to inform Lloyds of any variations to the purchase price. If you prohibit your conveyancing practitioner to disclose the price change to Lloyds then they would have to discontinue acting for you. In addition, Lloyds and you would have to appoint a new solicitor for your conveyancing in Nuneaton.

I own a freehold premises in Nuneaton but nevertheless invoiced for rent, why is this and what is this?

It’s unusual for properties in Nuneaton and has limited impact for conveyancing in Nuneaton but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.

Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.

We wanted to use a property lawyer in Nuneaton for our house purchase. Our broker has since advised us that our mortgage company Leeds Building Society won't deal with them. Why is this not regarded as unfair competition?

A lender will require an approved solicitor act for it. You would be liable to bear the charges for this. Try using our directory service to find a solicitor to conduct conveyancing in Nuneaton on the Leeds Building Society conveyancing panel.

Due to the input of my in-laws I had a survey completed on a house in Nuneaton prior to appointing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some lenders may refuse to give a mortgage on a flying freehold house.

It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. If you contact us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Nuneaton. Conveyancing may be slightly more expensive based on your lender's requirements.

Are there any apps to assist me to identify a Nuneaton law firm on the Virgin Money conveyancing panel? I have wheels and am prepared to travel upto 20kilometers to meet the conveyancer.

Feel free to make use of the facility on this website. Please select a lender and your location and you will see a number of Nuneaton conveyancing lawyers locally. We have detailed some Nuneaton conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Virgin Money member panel