The Bawtry conveyancing solicitors that I recently instructed on my house acquisition in Bawtry have without warning closed. I chose them because I had to have a lawyer on the Skipton conveyancing panel and my previous Bawtry lawyer was not. I wrote them a cheque for two hundred pounds in advance. What are my options?

Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Skipton conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.

I appreciate that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when buying a house in Bawtry? or I am told that there is a law dating back centuries that means some house owners residing in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this appropriate for conveyancing in Bawtry?

Unless a previous purchase of the premises took place after 12 October 2013 you may take it that conveyancing practitioners handling conveyancing in Bawtry to remain encouraging a chancel search and or insurance against a claim.

I need to appoint a conveyancing solicitor for remortgage conveyancing in Bawtry. I have land on a site which appears to be the perfect solution If there is a chance to get all the legals done via email that would be ideal. Do I need to 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?

I am employed by a long established estate agency in Bawtry where we have witnessed a number of leasehold sales derailed as a result of short leases. I have received inconsistent advice from local Bawtry conveyancing firms. Could you shed some light as to whether the seller of a flat can commence the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Bawtry Conveyancing for Leasehold Flats - Sample of Queries before Purchasing

Where a Bawtry lease has no more than 80 years it will impact the marketability of the property. Check with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably need a lease extension at some point and it is worth finding out how much this will be. Remember, in most cases you would need to own the premises for a couple of years in order to be entitled to extend the lease. You should want to discover as much as you can about the company managing the block as they will affect your use and enjoyment of the property. Being a leasehold owner you are often at the mercy of the managing agents both financially and when it comes to practical matters like the tidiness of the communal areas. Ask prospective neighbours what they think of them. In conclusion, investigate as to the dates that the service charges are due to the managing agents and precisely what you get for your money.

There are a lot of houses in Bawtry on unadopted lanes. We are purchasing one such house. What would be the pros and cons of buying a residence on a privately owned road?

Bawtry conveyancing lawyers will be used to transacting homeson private. Your conveyancer will investigate Land Registry data to find any rights or liabilities. In many cases there is a management company (wholly owned by residents) that owners make annual payments for the upkeep of the road. If one exists, the road should be maintained and look nicer than publicly maintained.