The owners of the home we are looking to purchase hired a conveyancing solicitor in Heaviley and Offerton who has insisted on a exclusivity agreement with a payment of 5k. Is it wise to enter into such agreements?

This form of arrangement is not the norm in Heaviley and Offerton, conveyancers will often try and steer clients away from them as they divert attention from the primary focus, namely conveyancing and if you end up having your deposit forfeited then the lawyer is left exposed. Secondly, there is no guarantee that just because the seller has entered into a lock out agreement they will complete the sale with you. They may breach the contract if they receive a big enough financial inducement to do so because a wronged buyer with the benefit of a exclusivitycontract will still be legally obliged to establish consequential losses from the breach and these may not equalise the extra amount that your vendor may gain by reneging on the agreement, however morally reprehensible it undoubtedly is.

We are buying a house in Heaviley and Offerton. I might seem paranoid but how we can trust a solicitor? At some point we have to deposit funds into their account. What is the protection we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I am expecting a OIP from Co-operative this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Co-operative recommend any Heaviley and Offerton solicitors on the Co-operative conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Heaviley and Offerton solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.

Intending to buy a maisonette in Heaviley and Offerton. 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 UBS 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 Heaviley and Offerton solicitor is on the UBS conveyancing panel.

I decided to have a survey done on a property in Heaviley and Offerton prior to instructing solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies may refuse to grant a loan on this type of premises.

It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. If you contact us we can check 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 Heaviley and Offerton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Heaviley and Offerton to see if the conveyancing will be more expensive.

My husband and I are 17 days into a leasehold purchase having been recommend to a firm by the selling agent to do our conveyancing in Heaviley and Offerton. I am am starting to be dissatisfied with the quality of service. Could you help me find new lawyers?

They would need to be really bad to suggest replacing them. Has your mortgage been issued? In the event that it has you need to make them aware of the new contact details and have the offer are re-issued. Your conveyancer should be on the lenders approved list to avoid supplemental costs and delays. So that should be your starting point. Our search tool should help you find a lender approved solicitor for your home move in Heaviley and Offerton

I am in need of some leasehold conveyancing in Heaviley and Offerton. Before diving in I would like to find out the number of years remaining on the lease.

If the lease is registered - and 99.9% are in Heaviley and Offerton - 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 invested in buying a garden flat in Heaviley and Offerton, conveyancing formalities finalised May 1999. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Heaviley and Offerton with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease terminates on 21st October 2082

With just 56 years remaining on your lease we estimate the price of your lease extension to be between £29,500 and £34,000 as well as costs.

The figure above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.