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Find a Cheslyn Hay Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Cheslyn Hay? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Cheslyn Hay transaction at risk of delay or failure.

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Recently asked questions about conveyancing in Cheslyn Hay

As someone not used to conveyancing in Cheslyn Hay what is the number one tip you can give me for the ownership transfer in Cheslyn Hay

Not many law firms shout this from the rooftops but conveyancing in Cheslyn Hay or throughout Staffordshire is often a confrontational experience. In other words, when it comes to conveyancing there is an abundance of room for conflict between you and others involved in the ownership transfer. For instance, the seller, estate agent and sometimes the mortgage company. Selecting a solicitor for your conveyancing in Cheslyn Hay should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the transaction whose interest is to look after your best interests and to protect you.

We are witnessing a distinct creep in the "blame" culture- someone must be blamed for the process being so protracted. We recommend that you must always trust your solicitor above the other players when it comes to the legal transfer of property.

We are selling our home in Cheslyn Hay. Does my property lawyer have to be on the Aldermore conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the Aldermore conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.

Just bought a terraced house in Cheslyn Hay , how long will it take for the Land Registry to deal with the formalities evidencing my proprietorship? My Cheslyn Hay conveyancing solicitor works at snail pace, so I want to be sure that my ownership is recorded.

As far as conveyancing in Cheslyn Hay is concerned, registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry communicate with any interested parties. As of today roughly three quarters of submission are fully addressed within two weeks but some can be subject to protracted delays. Historically registration is effected once the purchaser has moved in to the property thus an expedited registration is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your conveyancer must contact the land registry and explain the circumstances.

In my capacity as executor for the estate of my aunt I am selling a property in Monmouth but I am based in Cheslyn Hay. My solicitor (based 250 miles awayneeds me to execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Cheslyn Hay who can attest this legal document for me?

strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are located in Cheslyn Hay

I am a negotiator for a busy estate agent office in Cheslyn Hay where we see a few flat sales put at risk as a result of short leases. I have been given inconsistent advice from local Cheslyn Hay conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can start the lease extension formalities for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I inherited a leasehold flat in Cheslyn Hay, conveyancing formalities finalised in 2011. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Cheslyn Hay with a long lease are worth £227,000. The ground rent is £50 levied per year. The lease finishes on 21st October 2095

With only 71 years left to run we estimate the price of your lease extension to be between £9,500 and £11,000 as well as professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt 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 without first seeking the advice of a professional.

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