We see that you have a post code search directory listing solicitors on the Leeds Building Society conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Bolton?

We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bolton.

My mortgage company has recommended a law firm on their panel based in Bolton but I would rather instruct a conveyancing lawyer in Bolton round the corner to me. Can you assist?

Far from all Bolton conveyancing firms are on all lender’s conveyancing panel. Please make use of our search tool to choose a Bolton conveyancing firm on the on the bank panel.

I used Stirling Law a few years ago for my conveyancing in Bolton. Now, I need the documents however cannot find the solicitor. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bolton of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I have been on the look out for a flat up to £245,000 and identified one near me in Bolton I like with amenity areas and railway links in the vicinity, however it's only got 51 years on the lease. There is not much else in Bolton for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you need a mortgage that many years may be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.

What makes a Bolton lease unmortgageable?

Leasehold conveyancing in Bolton is not unique. Most leases are drafted differently and drafting errors can result in certain sections are missing. For example, if your lease is missing any of the following, it could be defective:

Service charge per centages that don't add up correctly leaving a shortfall Repairing obligations to or maintain elements of the premises

You could encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, The Royal Bank of Scotland, and Barclays Direct all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.

Bolton Leasehold Conveyancing - A selection of Queries Prior to Purchasing

The best form of lease arrangement is a share of the freehold. In this scenario the leaseholders benefit from control and although a managing agent is frequently employed where it is bigger than a house conversion, the managing agent is directed by the tenants. Make sure you discover if there is anything that is prohibited in the lease. For example some leases prohibit pets being allowed in in a block in Bolton. If you love the propertyin Bolton yet your cat is not allowed to move with you then you will be faced difficult determination.