My fiancee and I are acquiring our first property. The conveyancer has texted usto check if we want to purchase extra conveyancing searches. We are really unsure what's recommended for conveyancing in Leven

The extent of Leven conveyancing searches should be triggered based entirely on the premises, the location, the likelihood of any of these risks, your familiarity of the area and risks, your general appetite to risk. What matters is that you adequately comprehend what information the searches could provide. Then you can make a decision if you consider that you need that search. Should you be uncertain, ask the lawyer to advise.

I currently have a mortgage with Coventry BS for my property in Leven. Conveyancing has been completed a year ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Coventry BS?

Coventry BS must be informed of your intention prior to renting your property as this is likely to be a breach of Coventry BS’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. You need not do this via a Coventry BS conveyancing panel firm.

I was told three weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Leven is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.

Lloyds have agreed my home loan in principle, my bid on a house in Leven has been accepted, what are the next steps?

Your estate agent will wish to know who your solicitors are (be sure the conveyancing practitioners are on the bank’s panel). Telephone Lloyds or your financial adviser and complete any outstanding documentation. Lloyds will sellect a valuer who will get in contact with the selling agent or vendor to arrange a slot for the valuation to occur. Once conducted (assuming no problems) it takes about ten days for the mortgage offer to be issued. Lloyds will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Leven.

I have been on the look out for a leasehold apartment up to £235,500 and found one close by in Leven I like with open areas and railway links in the vicinity, however it's only got 49 remaining years left on the lease. I can't really find anything else in Leven suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you need a home loan the shortness of the lease may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.

Hoping to buy a property located in Leven and I am already nervous. I couldn't find anything specific about Leven. Conveyancing will be needed in due course but do you know about the Leven area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Leven. In the meantime here are some basic statistics that we found

We are a fortnight into a leasehold purchase having been directed to solicitors by the high street agent to execute conveyancing in Leven. We are not happy. Could you you assist me in finding new conveyancers?

A solicitor would need to be very poor to suggest diss instructing them. Has your mortgage been sent? In the event that it has you need to make them aware of the new solicitor and have the loan are re-issued. Your conveyancer needs to be on the lenders panel to avoid added charges and frustration. So that should be your starting point. Our find a solicitor tool can help you find a lender approved lawyer for your conveyancing in Leven