lenderpanel

Find a Benson Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Benson

I require conveyancing for an apartment in a relatively new development (6 years built) in Benson. 95% of the appartments have already been disposed of. Do I need carry out the local searches for my conveyancing in Benson?

If you are buying a property with the assistance of a loan, your mortgage company will require some (many) of the searches so you'll have no choice. If not, then Benson conveyancing searches are for you to decide upon. Your lawyer, will 'advise', perhaps in the strongest possible terms, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Benson.

Do I have to attend the offices of the solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Benson so that I can attend their offices when needed.

These days approved lawyers for mortgage companies carry out their communications via Royal Mail, internet or over the phone. This enables them to undertake the conveyancing transaction no matter where you live in England or Wales. That being said you should check if you can still book an appointment to visit conveyancing lawyer if you prefer.

Various web forums that I have come across warn that are a common cause of stalling in Benson house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Benson.

Just bought a semi-detached house in Benson , What is the estimated time for the Land Registry to register my ownership? My Benson conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.

As far as conveyancing in Benson registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether it is in order and if the Land registry need to notify any 3rd parties. As of today approximately three quarters of submission are fully dealt with in less than three weeks but occasionally there can be protracted hold-ups. Historically registration is effected once the purchaser is living at the property so registration formalities is not usually an essential issue but if it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.

Do you have any advice for leasehold conveyancing in Benson with the aim of speeding up the sale process?

  • Much of the delay in leasehold conveyancing in Benson can be bypassed where you instruct lawyers the minute you market your property and ask them to put together the leasehold documentation which will be required by the buyers’ representatives.
  • A minority of Benson leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers obtain bank and professional references. The bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their solicitors. You may think that you are aware of the number of years left on your lease but it would be wise to verify this via your lawyers. A purchaser's lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the lease term is under 75 years. It is therefore essential at an early stage that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. If there is a history of any disputes with your freeholder or managing agents it is very important that these are resolved prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a property where a dispute is unresolved. You will have to accept that you will have to pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to reveal the dispute as historic as opposed to ongoing.

Leasehold Conveyancing in Benson - A selection of Questions you should consider before buying

    Its a good idea to find out as much as possible regarding the managing agents as they will either make your life much easier or uncomfortable. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to daily matters such as the tidiness of the communal areas. Enquire of other tenants if they are happy with their service. Finally, find out the dates that the maintenance charges are due to the relevant party and precisely what it includes. Many Benson leasehold properties will have a service bill for the upkeep of the building set on behalf of the landlord. Where you buy the apartment you will have to pay this charge, usually periodically accross the year. This could vary from a few hundred pounds to thousands of pounds for blocks with lifts and large communal grounds. In all likelihood there will be a rentcharge for you to pay yearly, this is usually not a significant amount, say around £25-£75 but you need to enquire as on occasion it could be many hundreds of pounds. Are there any major works on the horizon that will likely increase the service costs?

Last updated

Neighbouring Locations

Dorchester On Thames
Benson
Cholsey
Wallingford

Find out more about how flying freehold can affect your the value of a property.