I am obtaining a offer of a home loan from Lloyds. I hope to use a Licensed Conveyancer in Overton. Does the Lloyds Conveyancing panel allow for conveyancers regulated by the CLC?

The Lloyds approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

I am purchasing a property and the solicitor has raised the issue of Chancel Repair to which the house may be liable as it falls into the area of such a church. He has suggested insurance. Is this strictly required for conveyancing in Overton

Unless a prior acquisition of the property took place post 12 October 2013 you may assume that solicitors delivering conveyancing in Overton to continue to propose a a chancel search and or insurance against a claim.

I used Stirling Law a few years ago for my conveyancing in Overton. I now require my papers however cannot find the solicitor. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Overton of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in Overton I like with open areas and station nearby, however it only has 51 remaining years left on the lease. There is not much else in Overton in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?

If you need a mortgage the shortness of the lease may be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.

I have just started marketing my garden flat in Overton. Conveyancing lawyers have not yet been instructed, but I have just had a yearly maintenance charge invoice – Do I pay up?

The sensible thing to do is pay the service charge as normal because all rents and service invoices should be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Overton Conveyancing for Leasehold Flats - Sample of Queries before Purchasing

Please note that where the lease has less than 80 years it will have adverse implications on the value of the apartment. Check with your lender 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 sooner rather than later and it is worth finding out how much this will be. Remember, in most cases you will need to own the premises for a couple of years before you are legally able to extend the lease. How long is the Lease? How much is the ground rent and service charge?