I am in the throes of changing my domestic loan to a Buy to Let Barclays mortgage. I have been informed by my broker that I must appoint a lawyer for this. I got in contact with the same Lydiate and Melling conveyancing firm who acted on my behalf when I initially acquired the house. The fee calculation they've given of just over five hundred pounds has surprised me as I am not require purchase conveyancing - it’s just a straightforward remortgage.
The charges are a bit high. Where you are content to expend time contrasting charges you could decrease the fees marginally by as much as £100 plus VAT. On the other hand, if you were pleased with the assistance the firm provided you couldlive to regret choosing an a cheaper solicitor. Remember to enquire that the firm can act for Barclays . You can make use of our search tool to choose a Lydiate and Melling conveyancing firm on the Barclays conveyancing panel, which can often include conveyancing solicitors in Lydiate and Melling.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Lydiate and Melling. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/2/2025, the requirements read as follows :
After weeks of negotiation I have agreed a price on an apartment in Lydiate and Melling. My mortgage broker suggested a solicitor. I paid an on account payment of £175. Shortly after, the solicitor called me embarrassingly acknowledging that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Planning on purchasing a flat in Lydiate and Melling. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Lydiate and Melling conveyancer is on the RBS conveyancing panel.
Lloyds have agreed my home loan in principle, my offer on a house in Lydiate and Melling has been agreed to, what are the next steps?
The property agent will need to be advised as to your conveyancer's details (ensure that the lawyers are on the bank’s approved list). Telephone Lloyds or the financial adviser and finish off any appropriate paperwork. Lloyds will sellect a valuer who will get in touch with the estate agent or owners to schedule a time for the valuation to occur. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. Lloyds will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Lydiate and Melling.
Me and my brother purchased a semi-detached Victorian house in Lydiate and Melling. Conveyancing lawyer represented me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lydiate and Melling and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing solicitor who completed the work.
Having had my offer accepted I require leasehold conveyancing in Lydiate and Melling. Before I get started I require certainty as to the remaining lease term.
If the lease is registered - and 99.9% are in Lydiate and Melling - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a 1 bedroom flat in Lydiate and Melling, conveyancing having been completed 6 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Lydiate and Melling with over 90 years remaining are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease expires on 21st October 2099
With just 74 years remaining on your lease we estimate the premium for your lease extension to be between £8,600 and £9,800 as well as costs.
The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.