It has come to my attention via my mortgage broker that my Alsager property lawyer is not on the bank Solicitor panel. What can I do to check?
Your first step should be to contact your Alsager conveyancer. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they may be able to suggest a Alsager conveyancing practice that is on the approved list of lawyers for your bank.
I am getting closer to an exchange on a house in Alsager and my parents have transferred the exchange deposit to my property lawyer. I am now told that as the deposit has not arrived from me my property lawyer needs to make a notification to my lender. I am advised that, in also acting for the bank he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company about my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?
The lawyer is obliged to clarify with mortgage company to ensure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Why do I have to pay up front for conveyancing in Alsager?
If you are buying a property in Alsager your solicitor will request that you put them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is as part of the sale price then this will be asked for shortly prior to exchange of contracts. Any further balance that is needed should be sent to your lawyer shortly before completion.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Alsager. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 30/5/2025, the requirements read as follows :
My brother has suggested that I use his conveyancers in Alsager. Should I use them?
There are no two ways about it the best way to select a conveyancing solicitor is to get feedback from friends or relatives who have used the conveyancer you're are thinking of instructing.
I today plan to offer on a house that appears to meet my requirements, at a great figure which is making it all the more appealing. I have just been informed that it's a leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Alsager. Conveyancing advisers have are about to be instructed. Will my lawyers set out the implications of buying a leasehold house in Alsager ?
The majority of houses in Alsager are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are buying in Alsager so you should seriously consider shopping around for a Alsager conveyancing practitioner and check that they are used to transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example obtaining the freeholder’spermission to conduct alterations. You may also be required to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your conveyancer will appraise you on the various issues.
I own a split level flat in Alsager, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Alsager with a long lease are worth £202,000. The average or mid-range amount of ground rent is £60 invoiced every year. The lease ceases on 21st October 2081
You have 56 years remaining on your lease the likely cost is going to span between £29,500 and £34,000 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.