I plan on acquiring a ground floor flat in Bedworth. My property lawyer has never been on on the mortgage company conveyancing panel. Can I still continue with my Bedworth conveyancing solicitor even though they are not on the lender panel of approved conveyancing solicitors?

One will need to appoint a property lawyer to complete the legal work required if you take out a mortgage to purchase your property. The property lawyer will conduct all the necessary investigations on the property, ensuring that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is in order. One could select a Bedworth property lawyer of your choosing. However, if the lawyer selected is not a member of the mortgage company conveyancing panel additional charges will be incurred as separate legal representation will be required by them. Bank panel applications can be submitted, so if your solicitor has not historically applied for membership they should take the opportunity to apply.

Can I use your services to find a Conveyancing solicitor in Bedworth even where I’m not buying or disposing of a house, for example where I intend to buy an office in Bedworth with a loan from Nationwide Building Society?

Our comparison service is mainly used to find residential conveyancing solicitors in Bedworth but we have listed at the bottom of this page a few Bedworth commercial conveyancing firms. You will need to enquire with the firm directly to see if they are also authorised to represent Nationwide Building Society

Have just purchased a probate house at auction in Bedworth. Conveyancing is necessary. What are my next steps?

Now that you are legally bound yourself to purchase you must hire the services of a conveyancing lawyer soon as you now have a pending deadline in which to complete the transaction. An auction property should have a bespoke legal pack. This should include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the conveyancing papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You need to give this to the solicitor instructed by you at the earliest opportunity. Do make sure that that you have the requisite funding in place to complete on the on the contractual date .

I have been advised by my lawyer that absentee landlord insurance is needed on my purchase. What is the level of cover for Bedworth conveyancing?

The appropriate level of absentee landlord indemnity insurance should be dictated by who who your lender is. It would differ for example between Nationwide Building Society and The Royal Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such insurances.

Planning on purchasing a house in Bedworth. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Bedworth property lawyer is on the Virgin Money conveyancing panel.

The estate agent has sent us the confirmation of our purchase of a new build flat in Bedworth. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Bedworth

Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision.

Over the last few months I have been searching for a flat up to £245,000 and found one close by in Bedworth I like with a park and railway links nearby, however it's only got 51 years unexpired on the lease. There is not much else in Bedworth for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.