Can the conveyancing lawyers listed on your site conduct right to buy conveyancing in Wymondham?

We do have a number of conveyancing lawyers who can service right to buy transactions Do contact the solicitors listed with a view to obtain a costs calculation.

I am the sole beneficiary of my late father’s will and I have everything in my name now, including the my former home in Wymondham. Conveyancing formalities meant that the Land Registry date was in April. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my proprietorship will be treated the same way as though I had purchased the house in April. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How sensible a view mortgage companies take of it, depend on the bank as this obligation is primarily there to capture the purchase and immediately sell or the flipping of property.

We were going to get a OIP from Barclays this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Barclays recommend any Wymondham solicitors on the Barclays conveyancing panel, or is it better to go independently?

You will need to appoint Wymondham solicitors independently although you'll need to choose one on the Barclays conveyancing panel. The solicitor represents both you and Barclays through the process.

I had an offer accepted on an apartment in Wymondham on 26/3/2024, valuation was booked five days after, all came back fine. Solicitor retained, so all that was missing was my mortgage offer. Having made daily calls to Kent Reliance and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Kent Reliance conveyancing panel. Can the lender hold off the offer?

Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.

I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in Wymondham I like with amenity areas and transport links nearby, however it only has 49 years unexpired on the lease. There is not much else in Wymondham for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you need a mortgage the remaining unexpired lease term will likely be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.

I am downsizing from my house. My past lawyers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Wymondham if that makes a difference.

You should use our search tool to help you choose a solicitor for your conveyancing in Wymondham. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

I am looking at a couple of flats in Wymondham which have about forty five years unexpired on the lease term. Do I need to be concerned?

There are plenty of short leases in Wymondham. The lease is a legal document that entitles you to use the property for a period of time. As a lease gets shorter the value of the lease deteriorates and results in it becoming more expensive to acquire a lease extension. For this reason it is often a good idea to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage lenders may be reluctant to lend money on such properties. Lease extension can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this field.

Wymondham Conveyancing for Leasehold Flats - Examples of Queries before Purchasing

Best to be warned whether changing the roof or some other major work is due shortly that will be shared between the leasehold owners and may well materially increase the the maintenance charges or require a one off invoice. What is the service charge and ground rent on the property?