I am buying a semi-detached house in South Normanton. How practical is it for me to do the conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in South Normanton you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in South Normanton.

We are downsizing from our house in South Normanton and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street South Normanton lawyer would know this is not the case. For the life of me I don't know why the purchasers are using a nationwide conveyancing outfit as opposed to a conveyancing solicitor in South Normanton. We have lived in South Normanton for six years we know that this is a non issue. Do we get in touch with our local Authority to get clarification that there is no issue.

It sounds as though you may have a conveyancing solicitor already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)

I have been on the look out for a flat up to £195,000 and identified one close by in South Normanton I like with amenity areas and transport links nearby, however it only has 49 years unexpired on the lease. There is not much else in South Normanton suitable, so just wondered if I would be making a grave error acquiring a short lease?

If you need a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.

I acquired a basement flat in South Normanton, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar properties in South Normanton with a long lease are worth £165,000. The ground rent is £45 invoiced every year. The lease terminates on 21st October 50

With 50 years left to run the likely cost is going to span between £36,100 and £41,800 as well as legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.

My wife and I have chosen a South Normanton conveyancing solicitor for our house purchase (FTB’s) and have noticed in the Ts and Cs that they are not covered by the FCA. Need I be concerned or is that standard with ?

We can't see why they should be. Most don't lend money. You should check that they are regulated by the SRA, who dictate specific laws regulating monies sitting in their bank.