Will conveyancers request money on account for my conveyancing in Lichfield?
Where you are retaining lawyers for conveyancing in Lichfield your lawyer will request that you to provide them with funds to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is as part of the total price then this will be needed shortly prior to contracts are exchanged. The closing balance that is needed will be payable shortly before completion.
I have Fifty Six years left on my lease and need a lease extension for my apartment in Lichfield. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 26/4/2025 the requirements read as follows :
Will commercial conveyancing searches reveal impending roadworks that may impact a commercial property in Lichfield?
Many commercial conveyancing solicitors in Lichfield will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Lichfield. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Lichfield.
For every commercial conveyancing transaction in Lichfield it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Lichfield commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Lichfield.
How does conveyancing in Lichfield differ for newly converted properties?
Most buyers of new build residence in Lichfield contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because builders in Lichfield usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Lichfield or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a quick, no chain conveyancing. Lichfield is the location of the property. Can you shed any light on this issue?
Flying freeholds in Lichfield are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Lichfield you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lichfield may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I bought a house in Lichfield last 28/3/2024 and to date it is still not recorded with HM Land Registry. It was part of a development site and my conveyancer told me that it may take twelve months to register. I have spoken with HMLR directly and they have informed me the initial application was cancelled due to questions not being addressed in time. What can I do?
get in touch with your solicitor - Where you are unsatisfied with the responses, enquire as to their internal complaints protocol and escalate your concerns to a Complaints Manager. Registrations for Lichfield conveyancing are not known to be significantly delayed.