Is it the case that all Whitwick solicitor firms on the Yorkshire BS conveyancing panel are regulated by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the Yorkshire BS approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. Many mortgage companies do allow licenced conveyancers on their panel and in that case the organisation would be governed by the Council of Licensed Conveyancers.

Last month we had a mortgage agreed in principle with Clydesdale. Whitwick conveyancing practitioners are chosen. How long does it take for Clydesdale to issue the offer to the conveyancer?

There is no definitive answer here. Have Clydesdale completed the survey? Have you informed Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

Our sealed bid on a house in Whitwick has been accepted, but there is a chain. The owners have offered on a flat, however it’s not yet tied up, and have viewings of other properties in the pipeline. I have selected a nearby conveyancing solicitor in Whitwick. What should be my next step? At what point do I apply for the mortgage with Kent Reliance?

It is understandable to have anxieties where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx £1k, then valuation, Whitwick conveyancing search charges, etc). The first course of action is to ensure that your property lawyer is on the Kent Reliance conveyancing panel. Concerning the next phase this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. In a rising market many buyers will apply for the mortgage with Kent Reliance and pay for the valuation and only if it comes back ok would they request their property lawyer to press on with searches.

I have recentlyfound out that Arc property Solicitors have closed. They carried out my conveyancing in Whitwick for a purchase of a leasehold flat 10 months ago. How can I establish that the property is registered correctly in the name of the previous owner?

The easiest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Whitwick conveyancing specialists.

How does conveyancing in Whitwick differ for newly converted properties?

Most buyers of new build premises in Whitwick approach us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Whitwick usually buy the site, 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 property lawyers 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 used to new build conveyancing in Whitwick or who has acted in the same development.

What advice can you give us when it comes to finding a Whitwick conveyancing practice to carry out our lease extension conveyancing?

When appointing a conveyancer for your lease extension (regardless if they are a Whitwick conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with several firms including non Whitwick conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:

Can they put you in touch with clients in Whitwick who can give a testimonial? What are the charges for lease extension conveyancing?

I bought a basement flat in Whitwick, conveyancing having been completed July 2010. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Whitwick with over 90 years remaining are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease ceases on 21st October 2070

With just 51 years remaining on your lease we estimate the price of your lease extension to range between £30,400 and £35,200 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.

What type of property do your Whitwick conveyancing quotes relate to?

The quotes provided are only applicable to standard domestic homes in England & Wales. Where you have any different requirements for instance industrial or agricultural property or commercial conveyancing in Whitwick please telephone us to consider your requirements .