we are a couple who are purchasing a purpose built flat in Adlington with a residential mortgage from Godiva Mortgages Ltd.We use our Adlington conveyancing lawyer but Godiva Mortgages Ltd informed us he's not listed on their approved list of firms. we are left little option but to use a Godiva Mortgages Ltd panel lawyer or retain our local solicitor and pay for a Godiva Mortgages Ltd panel lawyer to act for them. We feel as though this is unjust; is there anything we can do?

No, not really. The mortgage issued to you contains terms and conditions, one of which will be that lawyers must be on the Godiva Mortgages Ltd approved list. in the past, most mortgage companies had large numbers of law firms on their panels: a borrower could find 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 lawyer to apply to be on the conveyancing panel for Godiva Mortgages Ltd

Have purchased a a terraced house in Adlington , What is the estimated time for the Land Registry to record the transfer to my name? My Adlington conveyancing solicitor works at snail pace, so I want to check that my purchase is registered.

As far as conveyancing in Adlington registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can adjust subject to who lodges the application, whether it is in order and whether the Land registry have to notify any 3rd persons or bodies. At present approximately three quarters of such applications are fully dealt with in less than three weeks but occasionally there can be longer delays. Historically registration takes place once the purchaser has moved in to the property thus 'speed' is not typically an essential issue but if it is urgent that the the registration takes place urgently then you or your conveyancer must contact the land registry and explain the circumstances.

Is it simple use your search facility to select a conveyancing practitioner in Adlington on the approved list for my lender?

First choose a mortgage company such as Birmingham Midshires, Leeds Building Society or Alliance & Leicester then choose your location e.g. Adlington. Conveyancing firms in Adlington and across England and Wales should be shown.

My husband and I are FTB’s - agreed a price, yet the selling agent told us that the seller will only issue a contract if we use their chosen lawyers as they need a ‘quick sale’. My instinct tells me that we should use a family solicitor with experience of conveyancing in Adlington

We suspect that the owner is unaware of this request. Should the vendor desire ‘a quick sale', turning down a serious buyer is likely to cause more damage than good. Avoid the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to use your preferred Adlington conveyancing lawyers - not the ones that will provide the estate agent a introducer fee or achieve conveyancing thresholds pre-set by senior management.

I am attracted to a couple of flats in Adlington which have in the region of fifty years remaining on the leases. Will this present a problem?

A lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease gets shorter the marketability of the lease deteriorates and results in it becoming more costly to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease as mortgage companies may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this area.

Leasehold Conveyancing in Adlington - Examples of Queries Prior to Purchasing

Who manages the building? You should be aware that where the lease has no more than eighty years it will impact the salability of the property. It is worth checking with your mortgage company that they are willing to go ahead with the loan given the lease term. A short lease means that you will most likely need a lease extension at some point and it is worth finding out what this will be. For most Adlingtonlease extensions you would be required to have been the owner of the premises for 24 months before you are entitled to extend the lease.