My husband and I are purchasing a 3 bedroom apartment in Trimdon with a mortgage. We wish to retain our Trimdon lawyer, however the bank advise she’s not on their "panel". We have to appoint one of the bank panel solicitors or retain our Trimdon conveyancer and pay for one of their panel lawyers to act for them. We regard this is unjust; is there anything we can do?

No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Trimdon conveyancing lawyer to apply to be on the conveyancing panel.

Why is leasehold purchase conveyancing in Trimdon is more expensive?

Trimdon leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Trimdon?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Trimdon. 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…’

The estate agent has sent us the confirmation of our purchase of a new build apartment in Trimdon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Trimdon

There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

I opted to have a survey done on a property in Trimdon prior to instructing lawyers. I have been told that there is a flying freehold element to the house. My surveyor advised that some banks may not issue a loan on this type of home.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Trimdon. Conveyancing may be slightly more expensive based on your lender's requirements.