I have just started taking steps with the intention of transferring my current homeowner mortgage to a BTL Barclays Direct mortgage. I have been informed by my broker that I require a lawyer as part of the process. I had a chat my previous Rusholm conveyancing solicitor who acted on my behalf when I originally acquired the house. The fee calculation provided of just over five hundred pounds has taken me by surprise as its a remortgage than a sale or purchase.

The estimate fees appear a tad high. If you are willing to expend time contrasting prices you may be able to get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, providing that you were pleased with the service the firm offered you couldcome to rue choosing an an unknown lawyer. If is important to enquire that the firm can represent Barclays Direct. You can employ our search tool to choose a Rusholm conveyancing firm on the Barclays Direct approved list of lawyers, which can often include conveyancing solicitors in Rusholm.

I have given 8 weeks notice to my existing landlord and must vacate my let out apartment in Rusholm by the end of next month. Conveyancing on my purchase is progressing. Can I complete in a couple of weeks as don't want to have to find temporary accommodation?

It is unwise to serve notice on a rental unless exchange of contracts has taken place. Assuming that you have not already done so, notify to your solicitor and ask them to they apply pressure on the sellers side, try to a target completion date that all parties will work to achieve

I am assisting my niece sell her house in Rusholm. Does the conveyancer arrange an EPC or should I organise this?

After the abolition of Home Packs, energy performance certificates was kept a mandatory part of moving house. An EPC must be commissioned before the property is put on the market. This is not a task that law firms normally organise. If you are using a Rusholm conveyancing solicitor they might help arrange energy assessments given their relationships with reputable Rusholm assessors

I'm the single beneficiary of my late father’s will and I have everything in my name now, including the house in Rusholm. Conveyancing formalities meant that the Land Registry date was in January. I now wish to sell up. I understand that there is a CML 6 month 'rule', which means that my proprietorship will be treated the same way as if I'd bought the house in January. Is the property unsalable for six months?

The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be caught by that. How practical a view banks take of it, depend on the mortgage company as this clause is principally there to identify the purchase and immediately sell or the flipping of properties.

I had an offer accepted on a house in Rusholm on 7/1/2025, valuation was booked 4 days after, all came back fine. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Are Nationwide entitled to hold back the Mortgage pending the lawyer being on the approved list?

A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.

I opted to have a survey completed on a house in Rusholm in advance of retaining solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some banks tend refuse to give a loan on such a home.

It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. Should you wish to call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Rusholm. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Rusholm to see if the conveyancing will be more expensive.

I work for a reputable estate agent office in Rusholm where we see a few leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have received contradictory information from local Rusholm conveyancing solicitors. Can you shed some light as to whether the seller of a flat can initiate the lease extension formalities for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I purchased a 1 bedroom flat in Rusholm, conveyancing having been completed in 2004. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Rusholm with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease comes to an end on 21st October 2105

With only 80 years unexpired we estimate the price of your lease extension to range between £7,600 and £8,800 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.