I have just been advised by my IFA that my Markfield the law firm I have appointed is not on the bank Solicitor panel. What can I do to be certain if this is indeed the case?

The first thing you need to do is to call your Markfield lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they may recommend you to a Markfield conveyancing firm that is on the approved list of lawyers for your lender.

All was ready to move into my new home in Markfield next Friday. My lawyer now wants me to supply her with proof of content and building insurance for the property as he says that he has to check this in his capacity as lawyer for the mortgage company. What does the insurance need to cover?

Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These obligations are not unique to conveyancing in Markfield.

What makes your site different to alternative online quote calculators for conveyancing in Markfield?

At this site get an accurate quote via a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Markfield. Unlike many estate agents and many comparison sites we are not in the business of charging firms a fee if you select them for your property ownership legalities in Markfield

Estate agents have just been given the go-ahead to market my basement flat in Markfield. Conveyancing is yet to be initiated, but I have just received a quarterly service charge demand – what should I do?

It best that you discharge the invoice as normal because all rents and maintenance invoices will be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I purchased a ground floor flat in Markfield, conveyancing having been completed in 2005. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Markfield with an extended lease are worth £186,000. The ground rent is £55 per annum. The lease expires on 21st October 2076

You have 52 years unexpired we estimate the premium for your lease extension to range between £29,500 and £34,000 as well as costs.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues 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 getting professional advice.

What type of property do your Markfield conveyancing quotes apply to?

The quotes provided are only relevant to standard residential property in England & Wales. If you have any different requirements such as industrial or agricultural property or commercial conveyancing in Markfield do telephone us to consider this further .