I have just started taking steps with the intention of swapping over from my domestic loan to a Buy to Let Bank of Ireland mortgage. I have been informed by my broker that I must appoint a lawyer as part of the process. I got in contact with my previous Barton under Needwood conveyancing firm who dealt with the legals when I initially bought the property. The fee calculation supplied of £550 has surprised me as I am not require purchase conveyancing - it’s simply a straightforward remortgage.

The estimate does seem a tad steep. Where you are content to expend time contrasting costs you could decrease the fees marginally by perhaps a hundred pounds. That being said, providing that you were pleased with the assistance the firm provided you maycome to regret choosing an an untested lawyer. If is important to check that the firm can act for Bank of Ireland. Do make use of our search tool to select a Barton under Needwood conveyancing firm on the Bank of Ireland conveyancing panel, which can often include conveyancing solicitors in Barton under Needwood.

Are the BSA planning on creating a online directory to to identify practices on the Darlington Building Society conveyancing panel for example in Barton under Needwood?

We are not aware of any plans on the part of the BSA to develop such a search facility.

I have been advised by a number of property agents in Barton under Needwood to locate a solicitor using your seach tool. Is there a financial incentive for Estate Agents to promote your lawyers over and above alternative conveyancing organisations?

We don’t offer any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.

Back In 2001, I bought a leasehold house in Barton under Needwood. Conveyancing and Britannia mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Barton under Needwood who previously acted has now retired. What should I do?

The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. There is no need to instruct a Barton under Needwood conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Barton under Needwood Leasehold Conveyancing - A selection of Questions you should consider before buying

Where a Barton under Needwood lease has fewer than eighty years it will affect the marketability of the flat. Check with your lender that they are willing to go ahead with the loan given the lease term. Leases with fewer than 80 years remaining means that you will most likely require a lease extension at some point and it is worth finding out what this will be. For most Barton under Needwoodlease extensions you would need to own the residence for a couple of years before you are legally able to carry out a lease extension. Is the freehold reversion owned collectively by the leaseholders? How much is the service charge and ground rent on the flat?

I pay a maintenance contribution for my first floor flat in Barton under Needwood. Due to losing my job and personal issues I fell behind with remittance. I negotiated a clearance schedule but there is still around £1750 due to be paid.

I now wish to dispose of the property and I am worried this can hold me back if I have to pay off the amount due now. I'd like to sell up and then pay them back with the completion monies - is this viable?

The lawyer dealing with your Barton under Needwood sale will hopefully be in a position to negotiate with the appropriate parties, with a new to seeing if they would accept payment from sale proceeds. This is indicative of why it is advisable to use a conveyancer in Barton under Needwood as they are likely to enjoy an open line of communication with the parties.