Much to our surprise we have been advised by our broker that my Axminster the law firm I have appointed is not on the mortgage company Solicitor panel. What can I do to be certain if this is indeed the case?

The first thing you need to do is to call your Axminster conveyancer. You lawyer should inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.

Do lenders provide you with an approved list of Axminster conveyancing solicitors? How do you know who is on the Nottingham conveyancing panel?

Axminster conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.

It has been three months since my purchase conveyancing in Axminster completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

My husband and I are 17 days into a leasehold purchase having been recommend to solicitors by the selling agent to do our conveyancing in Axminster. I am am extremely frustrated with the quality of service. Could you you assist me in finding new conveyancers?

They would have to be very bad to suggest changing them. Has your mortgage offer been sent? If so you need to inform them of the replacement lawyer and have the offer are issued to the new lawyers. The conveyancer needs to be on the mortgage company panel to avoid supplemental expenses and delays. That should be your first question of the new solicitors. Our find a solicitor tool should help you find a bank approved conveyancer for your home move in Axminster

I am hoping to exchange soon on a garden flat in Axminster. Conveyancing lawyers assured me that they report fully next week. Are there areas in the report that I should be focusing on?

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

Changes to the premises Details of the parties to the lease, e.g. these could be the leaseholder, superior lessor, freeholder Rent payments - how much and when you need to pay, and also know whether this will change in the future You should know whether the lease allows you to add or improve aspects of the premises- you must know whether it relates to all alterations or just structural alteration, and whether consent is required Specifying your rights in respect of the communal areas in the building.For instance, does the lease permit a right of way over an accessway or hallways?

Axminster Leasehold Conveyancing - A selection of Questions you should ask before Purchasing

The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this situation the lessees enjoy being in charge if their destiny and although a managing agent is frequently retained if the building is bigger than a house conversion, the managing agent is directed by the tenants. Generally speaking the outlay for major works tend not to be wrapped into the service charges, although a few managing agents in Axminster ask tenants to pay into a reserve fund created for the specific purpose of building a fund for larger repairs or maintenance. It would be wise to find out as much as you can regarding the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents from a financial perspective and when it comes to day to day matters like the upkeep of the common parts. Ask other people if they are happy with their management. In conclusion, find out the dates that you are obliged pay the service charge to the relevant party and specifically what it includes.