My solicitor has discovered a defect with the lease for the flat we are purchasing in Lunt. The other side have offered defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our property lawyer has advised that he must be satisfied that the bank is content with this solution. Who is the client here, us or the mortgage company ?

Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the bank are the client. These conveyancing instructions have to be complied with.

I am purchasing a flat and require a conveyancing solicitor in Lunt who is on the Barclays Direct conveyancing. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barclays Direct in certain locations such as Lunt. We dont recommend any particular firm.

Will commercial conveyancing searches disclose proposed roadworks that may affect a commercial premises in Lunt?

Many commercial conveyancing solicitors in Lunt will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Lunt. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Lunt.

For every commercial conveyancing transaction in Lunt it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can result in delays to Lunt commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Lunt.

I decided to have a survey completed on a property in Lunt prior to appointing lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies tend refuse to grant a mortgage on this type of house.

It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Lunt. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lunt to see if the conveyancing will be more expensive.

What advice can you give us when it comes to appointing a Lunt conveyancing practice to deal with our lease extension?

When appointing a solicitor for your lease extension (regardless if they are a Lunt conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We recommend that you talk with several firms including non Lunt conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:

If the firm is not ALEP accredited then what is the reason? What are the charges for lease extension conveyancing?

I own a garden flat in Lunt, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Comparable properties in Lunt with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease finishes on 21st October 2077

With just 52 years remaining on your lease we estimate the premium for your lease extension to range between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.