My conveyancer has identified a defect with the lease for the property we are purchasing in Wroxham. The seller’s lawyers have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our lawyer has advised that he must check that the bank is happy with this solution. Are we the client or is the lender?

The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the lender are the client. Your solicitor must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

I am planning to acquire a flat and require a conveyancing solicitor in Wroxham who is on the Coventry Building Society solicitor. Could you point me in the right direction as regards a conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Wroxham. We dont recommend any particular firm.

I am looking for a leasehold apartment up to £235,500 and found one round the corner in Wroxham I like with a park and transport links in the vicinity, however it's only got 51 years on the lease. I can't really find anything else in Wroxham suitable, so just wondered if I would be making a grave error buying a short lease?

Should you require a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.

I am looking to sell my house. My previous lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Wroxham if that makes a difference.

Do use our search tool to help you choose a solicitor for your conveyancing in Wroxham. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.

I've recently bought a leasehold house in Wroxham. Do I have any liability for service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Wroxham Conveyancing for Leasehold Flats - Sample of Queries before Purchasing

What restrictions are contained in the Wroxham Lease? The best form of lease arrangement is a share of the freehold. In this arrangement the lessees enjoy being in charge if their destiny and even though a managing agent is usually retained if it is larger than a house conversion, the managing agent acts for the leaseholders themselves. Who are the managing agents?