I am buying property in Swanland. My Conveyancer is not listed on the lender solicitor panel. Is it possible for me to appoint my Swanland conveyancing solicitor notwithstanding that they are not on the mortgage company list of approved lawyers?

You will need to use a solicitor to deal with the legal work required if you require a mortgage to purchase your home. They will carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is dealt with. One may appoint a Swanland solicitor of your choice. However, if the property lawyer selected is not on the bank solicitor panel further fees will be levied as separate legal representation will be need by the bank. Lender panel applications can be submitted, so where your lawyer has not previously applied for membership they should take the chance to apply.

I am the registered owner of a freehold premises in Swanland yet invoiced for rent, why is this and what is this?

It’s unusual for properties in Swanland and has limited impact for conveyancing in Swanland 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 one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

Over the last few months I have been searching for a leasehold apartment up to £305k and identified one near me in Swanland I like with open areas and transport links in the vicinity, the downside is that it only has 61 remaining years left on the lease. There is not much else in Swanland for this price, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a mortgage the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.

What tools are available to identify a Swanland law firm on the Barclays conveyancing panel? I drive a motor bike and am willing to travel upto 20kilometers to meet the solicitor.

You can use the tool on this website. Please choose the lender and your location and you will see a number of Swanland conveyancing lawyers based on proximity. We have listed some Swanland conveyancing firms at the bottom of this page and you can contact them to check if they are on the Barclays approved list

Due to sign contracts shortly on a studio apartment in Swanland. Conveyancing lawyers have said that they are sending me a report on Monday. What should I be looking out for?

Your report on title for your leasehold conveyancing in Swanland should include some of the following:

if lease provides for a slush fund for major repairs? Repair and maintenance of the property You should know if the lease permits you to add or improve anything in the property- you should be made aware as to whether any restrictions applies to all alterations or limited to structural alteration, and whether permission is mandated necessary You need to be advised what is to be regarded as a Nuisance as far as the lease is concerned You would want to receive a copy of the lease

I am the registered owner of a garden flat in Swanland, conveyancing formalities finalised half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Swanland with a long lease are worth £171,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2103

You have 79 years remaining on your lease the likely cost is going to span between £8,600 and £9,800 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 extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.