My lawyer has discovered a defect with the lease for the property we are buying in Westgate on Sea. The other side have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our has advised that he must ensure that the mortgage company is happy with this solution. Are we the client or is the mortgage company ?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. Your must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your will have no choice but to discontinue acting for you.

I opted to have a survey completed on a house in Westgate on Sea ahead of retaining lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some banks tend not issue a loan on this type of house.

It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. If you call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Westgate on Sea. Conveyancing may be slightly more expensive based on your lender's requirements.

What does commercial conveyancing in Westgate on Sea cover?

Commercial conveyancing in Westgate on Sea covers a wide array of advice, given by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.

My husband and I are 17 days into a freehold purchase having been directed to a firm by the estate agent to do our conveyancing in Westgate on Sea. I am am very dissatisfied with the level of service. Can you you assist me in finding new lawyers?

They would have to be very bad to suggest replacing them. Has your mortgage been issued? If so you must make them aware of the new contact details and have the mortgage documents are re-sent. Your solicitor ideally should be on the mortgage company panel to avoid supplemental expenses and frustration. That should be your first question of the new lawyers. The search tool will help you find a bank approved solicitor for your home move in Westgate on Sea

I have just appointed agents to market my ground floor flat in Westgate on Sea. Conveyancing is yet to be initiated, however I have just received a half-yearly service charge invoice – should I leave it to the buyer to sort out?

It best that you discharge the service charge as normal as all rents and maintenance payments will be allotted on completion, so you should recover the relevant percentage 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. This will smooth the conveyancing process.

Leasehold Conveyancing in Westgate on Sea - Sample of Questions you should ask before Purchasing

The prefered form of lease arrangement is where the freehold title is owned by the leaseholders. In this arrangement the leaseholders benefit from being in charge if their destiny and although a managing agent is usually employed if it is bigger than a house conversion, the managing agent is directed by the tenants. In the main the outlay for major works are not incorporated into the maintenance charges, albeit that there some managing agents in Westgate on Sea require leasehold owners to pay into a reserve fund created for the specific purpose of establishing a fund for major repairs or maintenance. You should want to discover as much as possible about the managing agents as they can either make your life much simpler or problematic. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to daily matters such as the tidiness of the common parts. Enquire of other people what they think of their service. In conclusion, find out the dates that you are obliged pay the maintenance charge to the appropriate party and precisely what it includes.