We're in Glenfield, First timers buying with a mortgage (lender is , and our lawyer is on the conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who dealt with the conveyancing in Glenfield 10 years ago no longer exist. What do I do?

These day there are copies made of almost everything, and your conveyancer will know precisely where to find all the relevant paperwork so you can purchase or sell your house without a hitch. If copies can’t be located, your conveyancer may be able to put in place insurance or indemnities protecting you against possible claims on your property.

I am looking for a ground for flat up to £245,000 and identified one round the corner in Glenfield I like with open areas and railway links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Glenfield suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

Should you require a home loan the remaining unexpired lease term may be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.

My partner has recommend that I appoint his lawyers for conveyancing in Glenfield. Should I find my own property lawyer?

Much as we are happy to recommend a Glenfield conveyancing lawyer the best way to choose a conveyancing solicitor is to get referrals from friends or family who have experience in using the conveyancer you're are thinking of instructing.

Glenfield Leasehold Conveyancing - Sample of Questions you should ask Prior to buying

You should want to discover as much as possible regarding the company managing the block as they will either make living at the property much easier or a lot more difficult. As the proprietor of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to day to day issues such as the tidiness of the communal areas. Enquire of other people what they think of their management. Finally, investigate as to the dates that you are obliged pay the service charge to the relevant party and specifically how they are spending the funds. What is the name of the managing agents? The prefered form of lease structure is if the freehold interest is owned by the leaseholders. In this arrangement the tenants enjoy being in charge if their destiny and even though a managing agent is frequently retained if the building is larger than a house conversion, the managing agent is directed by the tenants.