Just contacted my conveyancing lawyer in Rothley who acted for me 18 months ago and wanted a conveyancing quote based on an identical type of home move (a leasehold residence and a freehold premises) of almost identical values with a loan from Barclays . It looks as though am now being charged twice the amount. Stick with what I know or do I try and find an alternative conveyancer?

The estimate does seem a tad steep. Where you are content to invest time scrutinising charges you might trim some of the cost by say £125. That being said, assuming were satisfied with the conveyancing the firm gave you maycome to rue choosing an an unknown conveyancer. Remember to ensure the solicitor can represent Barclays . You can use our search tool to select a Rothley conveyancing firm on the Barclays member panel, which can often include conveyancing solicitors in Rothley.

Do lenders provide you with an approved list of Rothley conveyancing solicitors? How do you know who is on the Bank of Ireland conveyancing panel?

Rothley conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.

I am the single recipient of my late mum's will with all property in now in my sole name, including the my former home in Rothley. Conveyancing formalities meant that the Land Registry date was in March. I plan to dispose of the property. I do know about the CML six month 'rule', meaning my property ownership could be considered the same way as though I had purchased the house in March. Will no one buy the property for half a year?

The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. many mortgage companies would take a practical view as this provision chiefly exists to pick up on subsales or the flipping of property.

Is it correct that all Rothley CQS (Conveyancing Quality Scheme) solicitors are on the Virgin Money conveyancing list of approved firms?

Some major lenders now utilise CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their panels.

I recently had an offer agreed on an apartment in Rothley. My financial adviser suggested a solicitor. I paid an advanced payment of £150. Not long after, the solicitor called me to say that they were not on the Nottingham conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Nottingham panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Rothley is the location of the property. Is there any guidance you can impart?

Flying freeholds in Rothley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rothley you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rothley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I've recently bought a leasehold flat in Rothley. Am I liable to pay service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Rothley Leasehold Conveyancing - Examples of Questions you should ask before buying

What restrictions exist in the Rothley Lease? Please tell me if there are any major works on the horizon that could add a premium to the maintenance charges? Its a good idea to discover as much as possible about the company managing the building as they can either make your living at the property much easier or problematic. As the owner of a leasehold property you are often at the mercy of the managing agents both financially and when it comes to day to day matters such as the tidiness of the common parts. Don't be afraid to ask other people what they think of their management. On a final note, investigate as to the dates that you are obliged pay the service charge to the managing agents and specifically what you get for your money.