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Find a Addlestone Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Addlestone conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Addlestone

I can't travel far from Addlestone. I would like to know the reason why all Addlestone conveyancers are not on all mortgage company panels?

Banks ordinarily impose restrictions on either the nature or the number of conveyancing practices on their approved list of lawyers. Frequent examples of such restriction(s) being that a organisation is required to have two or more partners. In addition to restricting the structure of firm, some have decided to reduce the number of conveyancers they allow to represent them. It is worth noting that lenders have no liability for the standard of service provided by any Addlestone solicitor on their panel. Increases in mortgage fraud was the main trigger for the rationalisation of conveyancing panels a few years ago notwithstanding that there are contrary thoughts about the extent of solicitor involvement in some of that fraud. Data via HMLR exposes that thousands of law firms only carry out one or two conveyances a year. Those advocating conveyancing panel cuts question why conveyancing firms should have any entitlement to be listed on a bank panel when clearly property law is not their speciality?

Finally the sale completed on my house in Addlestone last September but our buyer keeps e-mailing daily to moan that their conveyancer needs to hear from mysolicitor. What should have happened now that I have sold?

Post completion of your house sale your solicitor should deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also send confirmation that the home loan has been repaid to the purchasers lawyers. There is unlikely to be post completion procedures peculiar conveyancing in Addlestone.

How does conveyancing in Addlestone differ for newly converted properties?

Most buyers of new build residence in Addlestone come to us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because builders in Addlestone tend to buy 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 Addlestone or who has acted in the same development.

I have been on the look out for a leasehold apartment up to £195,000 and identified one round the corner in Addlestone I like with amenity areas and railway links in the vicinity, however it's only got 52 remaining years left on the lease. I can't really find anything else in Addlestone in this price bracket, so just wondered if I would be making a mistake buying a short lease?

If you need a home loan that many years will likely be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.

I am downsizing from my property. My former solicitors has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Addlestone if that affects matters.

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

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