Find a Aigburth Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Aigburth

Can your site be used to recommend a Conveyancing solicitor in Aigburth even if I’m not purchasing or disposing of a house, for example where I wish to acquire an office in Aigburth with a loan from Bank of Ireland?

Our search tool is primarily used to locate residential conveyancing solicitors in Aigburth but we have recorded at the end of this page a selection of Aigburth commercial conveyancing firms. You should enquire with the company directly to see if they can also act for Bank of Ireland

Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Aigburth so that I can attend their offices if necessary.

Nowadays approved lawyers for banks carry out their communications via Royal Mail, internet or over the phone. This enables them to conduct the conveyancing transaction regardless of where you live in the country. That being said you should check if you have the option of attending the offices of your conveyancing lawyer if just in case this is required.

I just acquired a flat at auction in Aigburth. Conveyancing is needed. What happens now?

Now that you are legally committed yourself to purchase you now have to instruct a conveyancing solicitor as a matter of priority as you now have a fast approaching a fixed date to complete the deal. All auction property will ordinarily have a corresponding legal pack. This should include the copy title deeds, local authority and drainage searches. In the case of leasehold property the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You must hand this to your appointed conveyancing solicitor ASAP. Do make sure that you have funds in order to complete on the date specified in the contract.

I can not fathom if my lender requires a lease extension. I have called my Aigburth bank branch on numerous occasions and was told they are content with the situation and they will lend. My Aigburth conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend in accordance with their specific requirements. Who do I believe?

Provided that the conveyancer is on the lender panel, they must follow the CML Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.

After much negotiation I have agreed a price on an apartment in Aigburth. My financial adviser suggested a conveyancer. I paid an on account payment of £225. Shortly after, the lawyer contacted me embarrassingly acknowledging that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I am a negotiator for a long established estate agent office in Aigburth where we see a number of leasehold sales put at risk as a result of short leases. I have been given contradictory information from local Aigburth conveyancing solicitors. Can you clarify whether the vendor of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.

An alternative approach is to extend the lease informally by agreement with the landlord 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 acquired a 1st floor flat in Aigburth, conveyancing having been completed May 2008. How much will my lease extension cost? Corresponding properties in Aigburth with over 90 years remaining are worth £227,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease ends on 21st October 2090

With just 71 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.

Should I stop my mortgage payments with Coventry BS once a completion date for my home sale in Aigburth has been agreed?

No, you must keep paying any mortgage sums to Coventry BS until the mortgage is discharged from the proceeds of sale as part of your Aigburth conveyancing.

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