My mortgage broker requires my Woodborough law firm’s panel reference for the HSBC conveyancing panel. How do I find this out. I have tried my local Woodborough office but they cant find it on their system.

The sensible thing to do is ask for this information from your Woodborough conveyancer . They retain a central record lender panel numbers.

I decided to have a survey carried out on a property in Woodborough prior to retaining conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some banks may refuse to grant a mortgage on this type of property.

It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Woodborough. Conveyancing will be smoother if you use a solicitor in Woodborough especially if they regularly deal with such properties in Woodborough.

I need to find a conveyancing solicitor for residential conveyancing in Woodborough. I've chance upon a site which looks to be the ideal answer If there is a chance to get all this stuff done via phone that would be ideal. Should I be concerned? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Completion is due on the sale of our £175,000 maisonette in Woodborough next Wednesday. The managing agents has quoted £396 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Woodborough?

Woodborough conveyancing on leasehold flats normally involves fees being invoiced by freeholders :

Answering pre-contract enquiries Where consent is required before sale in Woodborough Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Woodborough leasehold property is £350. For Woodborough conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply the information.

Leasehold Conveyancing in Woodborough - A selection of Questions you should ask Prior to buying

How many of the leaseholders are in arrears for their service charge payments? The majority of Woodborough leasehold properties will incur a service bill for maintenance of the building levied by the management company. Where you buy the apartment you will have to meet this charge, usually periodically throughout the year. This can vary from a couple of hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a ground rent for you to pay yearly, ordinarily this is not a significant figure, say approximately £50-£100 but you need to enquire as sometimes it can be many hundreds of pounds. In the main the outlay for major works tend not to be wrapped into the service charges, albeit that there some managing agents in Woodborough obliged leaseholders to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance.

Should I be worried if there is an issue with one of the searches for my conveyancing in Woodborough?

Usually, most issues disclosed in Woodborough conveyancing search results can be addressed in advance of completion or indemnity insurance may be put in place. You should note that regardless of the fact that you may be purchasing the premises and might be willing to live with the search results, your building society or bank may not, and when all said and done have the final decision.