I have given 2 months notice to my current landlord and have to vacate my let out property in Rothley by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in three weeks as I wish to avoid having to move into short term accommodation?

Generally one should not serve notice on a rental until exchange of contracts has taken place. Assuming that you have not already done so, notify to your lawyer and request that they apply pressure on the owners side, try to an agreed time frame that everyone will aim to achieve

Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a two bedroom flat in Rothley. Do I receive the keys to the property on the completion date from my conveyancer? If so, I will use a High Street conveyancing solicitor in Rothley?

On the day of completion you do not need to attend the conveyancers office in Rothley. Conveyancing lawyers for you will electronically transfer the completion advance to the seller's lawyers, and once they have received this, you should be called to receive the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.

We had selected conveyancers with offices in Rothley on the Bank of Ireland solicitor approved list. They are now charging me a supplemental fee for the legal aspects of the Bank of Ireland mortgage. Is this an additional conveyancing fee specified by Bank of Ireland?

Provided it is contained in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to levy a fee for this. The charge is not dictated by Bank of Ireland but by your Rothley conveyancing practitioner. Some firms on the Bank of Ireland panel will quote an ‘acting for lender’ fee and others do not.

It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Rothley bank branch on various occasions and was advised it wasn't an issue and they will lend. My Rothley conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they will not lend in accordance with their published requirements. I simply don't know who is right.

The solicitor has to comply with the Council of Mortgage Lenders’ Handbook Part 2 requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.

How does conveyancing in Rothley differ for new build properties?

Most buyers of new build or newly converted property in Rothley approach us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because house builders in Rothley usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Rothley or who has acted in the same development.

Given that I am about to spend £400,000 on 3 bedroom house in Rothley I wish to have a conversation with the solicitor regarding thehome move before giving the go ahead to the firm. Is this something that you can arrange?

This is something that we recommend - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your conveyancing in Rothley.There is no ‘factory style conveyancing’ - every client is an important individual, not a matter number. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Rothley should be the amount on the final invoice that you are charged.

I have just started marketing my garden apartment in Rothley. Conveyancing solicitors are to be appointed soon, but I have recently had a quarterly service charge demand – should I leave it to the buyer to sort out?

The sensible thing to do is discharge the invoice as normal as all rents and service payments should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I purchased a studio flat in Rothley, conveyancing formalities finalised in 2011. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Rothley with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease ends on 21st October 2078

With 52 years remaining on your lease we estimate the price of your lease extension to span between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.