My solicitor has identified a defect with the lease for the property we are buying in Aintree. The other side have suggested title insurance as a solution. We are happy with insurance and will pay for it. Our has advised that he must ensure 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 must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company 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 will have no choice but to discontinue acting for you.

We note that you have a search directory identifying solicitors on the conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Aintree?

We are a listing service only for law firms wishing to communicate if they are on the conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Aintree.

Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Aintree is the location of the property. What do you suggest?

Flying freeholds in Aintree are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Aintree you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Aintree may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

How do I locate a Aintree solicitor on the conveyancing panel? I have a car and am happy to travel upto 25kilometers to meet the lawyer.

You can use the tool on this website. Please pick a bank and your location and you will see a number of Aintree conveyancing lawyers locally. We have listed some Aintree conveyancing firms towards the end of this page and you can telephone them to check if they are on the approved list

Aintree Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

The prefered form of lease arrangement is where the freehold reversion is owned by the leaseholders. In this arrangement the leaseholders enjoy being in charge if their destiny and although a managing agent is usually employed if it is larger than a house conversion, the managing agent is directed by the tenants. Best to be warned whether changing the roof or some other major work is pending to be shared between the tenants and may well dramatically increase the the service charges or result in a one off invoice. How many of the leaseholders are in arrears for their maintenance charge payments?