Due to complete my purchase in Bewdley next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the bank. What risks does the mortgage company expect the insurance to cover?

All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These requirements are not unique to conveyancing in Bewdley.

I am buying a flat and need a conveyancing solicitor in Bewdley who is on the conveyancing. Can you recommend a local 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 in certain locations such as Bewdley. We dont recommend any particular firm.

My wife and I own a renovated Edwardian property in Bewdley. Conveyancing lawyer acted for me and . I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the exact same address. Is it worth asking to clarify?

You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bewdley and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing lawyer who carried out the work.

I decided to have a survey carried out on a property in Bewdley prior to retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies may refuse to issue a mortgage on this type of house.

It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Bewdley. Conveyancing may be slightly more expensive based on your lender's requirements.

We own a leasehold flat in Bewdley. Conveyancing was finished in five years ago. I have read on a number of advice forums that I should not allow the lease length fall too short. What is the reasoning?

Bewdley domestic long term leases are for a fixed term - usually just under one hundred years when they started. However many flats in Bewdley were built or converted 25 or more years ago and so such leases now have fewer than 80 years left to run. This may sound like a long time but Banks, Building Societies and other mortgage institutions tend to need leases to have a minimum of seventy five years remaining to be mortgageable. Accordingly when you come to sell the property you will need to extend the term of your lease if you are getting close to seventy five years. To optimize your property value you should be thinking about whether or not to extend your lease well in advance of selling the property. Furthermore strong financial reasons to doing so before the lease hits 80 years as when the lease is below eighty years the premium to be paid to extend starts to get a lot more expensive.