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Find a Beaufort Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Beaufort

I have just over seventy years left on my lease and need a lease extension for my apartment in Beaufort. Conveyancing solicitors on the The Mortgage Works panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 20/2/2019 the requirements read as follows :

Minimum unexpired lease term is 70 years with 30 years remaining at the end of the mortgage term. Report to the issuing office if the lease term is shorter than that stated within the Offer and has less than 100 years remaining.(There is no requirement to report if the lease term is lower than that stated on the Offer but still has 100 years or more to run, or if the lease term is longer than that stated on the Offer).

NEW BUILD PROPERTIES (includes office conversions)
The following are not acceptable:
- The unexpired lease term on a new build flat is less than 125 years
- The unexpired lease term on a new build house is less than 250 years
- Starting ground rent is more than 0.1% of the property value
The lease must be amended to comply with the above. If not the case cannot proceed. Please advise us where the case cannot proceed.
Ground rents and event fees:
Ground rent and other event fees must be reasonable at all times during the lease term. For example, it is acceptable for ground rent escalation to be linked to RPI (Retail Price Index) or a similar index and where this is the case we do not need to be advised. However, unreasonable multipliers of ground rent will not be permitted, for example, doubling every 5, 10 or 15 years. These must be referred to us and we will advise if our mortgage offer remains valid. If you are unsure as to whether the terms of a lease are unreasonable, please refer the details to us.

My bid for a property was accepted at auction in Beaufort. Conveyancing is required. What are my next steps?

Given that you have now to in every practical sense signed on the dotted line you must find a conveyancing lawyer quickly as you will have a tight deadline in which to complete the property. An auction property will have a corresponding legal pack. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the conveyancing papers should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to a leasehold property. You need to pass this on to the lawyer instructed by you at the earliest opportunity. You also need to ensure that your finances are in place to complete the transaction on the set completion date.

Is it the case that all Beaufort solicitors on the Santander conveyancing panel are regulated by the SRA?

As a firm of solicitors, in order to be on the Santander conveyancing panel they would need to be governed by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel and in such a situation the firms would be overseen by the CLC.

Planning on purchasing a house in Beaufort. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Beaufort conveyancing practitioner is on the Nottingham conveyancing panel.

Are there any apps to help locate a Beaufort solicitor on the Bank of Scotland conveyancing panel? I have a car and am willing to travel upto 25kilometers to meet the conveyancer.

Feel free to make use of the search on this page. Please choose the lender and your location and you will see a number of Beaufort conveyancing lawyers based on proximity. We have detailed some Beaufort conveyancing firms at the bottom of this page and you can ring them to check if they are on the Bank of Scotland panel

My wife and I purchased a leasehold flat in Beaufort. Conveyancing and Godiva Mortgages Ltd mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1992. The conveyancing solicitor in Beaufort who previously acted has now retired. Do I pay?

The first thing you should do is make enquiries of the Land Registry to make sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Beaufort conveyancing firm to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I own a ground floor flat in Beaufort, conveyancing formalities finalised 10 years ago. How much will my lease extension cost? Corresponding flats in Beaufort with over 90 years remaining are worth £181,000. The ground rent is £55 levied per year. The lease expires on 21st October 2070

You have 51 years remaining on your lease we estimate the price of your lease extension to range between £30,400 and £35,200 plus costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously want to 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.

It's been quite a while since I last purchased a property. A quick search suggests that the costs range significantly. Can you recommend a cheap Beaufort solicitor that can assist me as well as represent Lloyds?

The purpose of this site is restricted to being a directory service for lawyers who wish to be listed as being on the approved conveyancing panel for Lloyds in certain areas for example Beaufort . We dont recommend any particular solicitor.

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