Forgive me if this question is silly but I am unexperienced as FTB of a garden flat in East Preston. Do I collect the keys to the property on completion from my lawyer? If this is the case, I will use a local conveyancing solicitor in East Preston?

There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's solicitors, and once they have received this, you will be called to pick up the keys from the Estate Agents and start moving into the property. Usually this happens early afternoon.

I currently have a mortgage with Nottingham for my property in East Preston. Conveyancing has been completed months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nottingham?

Your original mortgage agreement with Nottingham will provide that you need their approval before renting your property as this is likely to be a breach of Nottingham’s mortgage conditions. It may be that Nottingham will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. You need not do this via a Nottingham conveyancing panel firm.

After what seems like an age I have had an offer on a flat in East Preston agreed to, but there is a chain. The sellers have put an offer on on an apartment, but it’s not yet agreed to, and are looking at other flats booked. I have instructed a bricks and mortar conveyancing solicitor in East Preston. What do I do now? At what stage should I apply for the mortgage with Co-operative?

It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey, East Preston conveyancing search costs, etc). The first course of action is to check that your conveyancing practitioner is on the Co-operative conveyancing panel. Concerning the next phase this very much dictated by the uniqueness of your transaction, attraction to this property and on the state of the market. In a buoyant market the majority of purchasers will apply for the mortgage with Co-operative and pay for the valuation and only if it comes back ok would they request their conveyancing practitioner to move forward with searches.

I have recentlybecome aware that Action Conveyancing have been shut down. They conducted my conveyancing in East Preston for a purchase of a freehold house 12 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?

The quickest method to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of East Preston conveyancing specialists.

I'm remortgaging my existing home to a BTL loan with Birmingham Midshires and intend to use the remaining equity as a down payment on further house. The area we are interested in is East Preston. Will your conveyancers be able to act for the two banks and link together the two deals?

Do use our comparison tool on this site to check that the lawyers are approved by both banks. On the basis that they are your conveyancer should be able to connect the two deals but you should talk with you solicitor and communicate your desired outcome and needs.

We're novice buyers - agreed a price, yet the agent informed us that the vendor will only proceed if we use their recommended conveyancers as they want a ‘quick sale’. We would rather use a high street solicitor who is familiar with conveyancing in East Preston

It is unlikely the owners are driving this. Should the vendor desire ‘a quick sale', alienating a serious buyer is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you are going to instruct your own,trusted East Preston conveyancing lawyers - rather thanthose that will give the estate agent a referral fee or meet his conveyancing thresholds demanded by corporate headquarters.

Having checked my lease I have discovered that there are only 68 years remaining on my lease in East Preston. I now wish to extend my lease but my landlord is can not be found. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to prove that you or your lawyers have used your best endeavours to locate the freeholder. For most situations a specialist would be helpful to carry out a search and prepare a report to be accepted by the court as evidence that the freeholder is indeed missing. It is wise to seek advice from a conveyancer both on investigating the landlord’s disappearance and the application to the County Court overseeing East Preston.

Leasehold Conveyancing in East Preston - A selection of Queries Prior to Purchasing

Who takes responsibility for maintaining and repairing the building? Make sure you discover if there are any onerous prohibitions in the lease. For instance plenty of leases prohibit pets being permitted in certain buildings in East Preston. If you like the propertyin East Preston but your dog can’t live with you then you will be presented with a hard choice. Plenty East Preston leasehold properties will have a service charge for the upkeep of the block set on behalf of the landlord. Where you acquire the property you will have to pay this liability, usually quarterly accross the year. This could vary from several hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a ground rent for you to pay yearly, normally this is not a significant sum, say approximately £25-£75 but you should to check it because sometimes it can be prohibitively expensive.