We are purchasing a property and need a conveyancing solicitor in Bollington who is on the Barclays solicitor panel. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays . We don't recommend any particular firms conducting conveyancing in Bollington.

How does conveyancing in Bollington differ for new build properties?

Most buyers of new build or newly converted property in Bollington contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because builders in Bollington usually buy the real estate, 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 conveyancers 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 Bollington or who has acted in the same development.

I decided to have a survey carried out on a house in Bollington prior to instructing conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders may refuse to grant a mortgage on such a house.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. If you contact us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bollington. Conveyancing may be slightly more expensive based on your lender's requirements.

I today plan to offer on a house that appears to be perfect, at a reasonable price which is making it more attractive. I have since been informed that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a leasehold house in Bollington. Conveyancing advisers have not yet been appointed. Will they explain the issues?

Most houses in Bollington are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Bollington so you should seriously consider shopping around for a Bollington conveyancing practitioner and check that they are used to dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example obtaining the freeholder’sconsent to carry out alterations. You may also be required to pay a maintenance charge towards the upkeep of the estate where the property is part of an estate. Your solicitor should advise you fully on all the issues.

I invested in buying a 2 bed flat in Bollington, conveyancing was carried out June 2006. Can you work out an approximate cost of a lease extension? Similar properties in Bollington with an extended lease are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease finishes on 21st October 2076

With 51 years remaining on your lease we estimate the price of your lease extension to be between £30,400 and £35,200 as well as legals.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.

Is planning consent necessary to convert a house into two flats in Bollington? This has taken place to a house adjacent to a relative in Bollington and was unaware of it happening until it was done.

Planning Permission yes. Building Reg Approval yes.