I am getting a offer of a home loan from Halifax. I hope to use a Licensed Conveyancer in Whitwick. Does the Halifax Conveyancing panel allow for conveyancers regulated by the CLC?

The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

Is it possible for conveyancing in Whitwick to be finalised in two weeks?

Where the seller is applying a tight deadline to exchange it is highly recommended that your solicitor is familiar with the area as they will make use of local connections and insight. It is even conceivable that they could have handled previoushouses in the same road. You would be best advised to use a Whitwick conveyancing solicitor. In addition, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that just under twenty per cent of Whitwick conveyancing transactions are delayed or jeopardised after finding out that a purchaser’s lawyer was not on their banks panel. In many cases this discovery resulted in the legal transfer of property being delayed by almost three weeks. It is estimated that this issue affects in the region of 100,000 home moves annually. Many Whitwick conveyancing firms can not represent certain mortgage companies so do check as early as possible.

My wife and I own a renovated Edwardian property in Whitwick. Conveyancing lawyer represented me and . I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold with the matching address. Is it worth asking to clarify?

You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Whitwick and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with your conveyancing solicitor who conducted the purchase.

I have been on the look out for a ground for flat up to £235,500 and identified one close by in Whitwick I like with amenity areas and transport links nearby, however it only has 49 remaining years left on the lease. There is not much else in Whitwick suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.

I am due to consider quotes for conveyancing in Whitwick from three and appoint one. Am I right to instruct them to hold tight until I a suitable house to buy.

You should wait to request your to start work and submit searches once the offer has been agreed to on the property particularly as Whitwick conveyancing searches are a couple of hundred pounds.