Do the Building Society Association intend to launch a search tool with a view to to identify law firms on the Loughborough BS conveyancing panel for example in Royston?

Lexsure has not been advised of any plans on the part of the BSA to develop such a tool.

Are there restrictive covenants that are commonly identified as part of conveyancing in Royston?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Royston. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I decided to have a survey completed on a house in Royston before appointing solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some banks may not grant a loan on a flying freehold property.

It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Royston. Conveyancing will be smoother if you use a solicitor in Royston especially if they are familiar with such properties in Royston.

I have just started marketing my garden flat in Royston. Conveyancing solicitors are to be appointed soon, but I have just had a yearly maintenance charge demand – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as you normally would because all ground rent and maintenance invoices will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until 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. This will smooth the conveyancing process.

Leasehold Conveyancing in Royston - Sample of Queries Prior to Purchasing

The best form of lease arrangement is if the freehold reversion is owned by the leaseholders. In this scenario the lessees enjoy being in charge if their destiny and even though a managing agent is usually employed where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. The answer will be useful as a) areas can result in problems in the building as the communal areas may begin to deteriorate where maintenance remain unpaid b) if the tenants have an issue with the running of the building you will wish to have complete disclosure Can you tell me if there are any major works in the planning that will likely increase the maintenance costs?

I'm remortgaging a bungalow in Royston. I have found my conveyancer's company on the Law Society's list, but I can't see my lawyer's name on the list. Should I be concerned?

Not every individual in the law firm must be listed by the regulator. Provided there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unqualified staff.