lenderpanel

Find a Bletchley Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Bletchley

I purchased a freehold residence in Bletchley yet charged rent, why is this and what is this?

It is rare for properties in Bletchley and has limited impact for conveyancing in Bletchley but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.

I am being told by my solicitor that missing deeds insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Bletchley?

The right level of missing deeds indemnity insurance should be dictated by who your lender. It would differ for example between Santander and Skipton Building Society. Conveyancing practitioners as opposed to members of the public take out such policies.

Is there a list of TSB panel solicitors in Bletchley on the Building Society Association’s Website?

Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few lending institutions make their panel listings open the public over the internet. If you are in need of a Bletchley lawyer on the TSB please make the most of our facility.

I had a mortgage agreed in principle with Bank of Ireland. Bletchley conveyancing solicitors were appointed. How long does it take for Bank of Ireland to issue the offer to the conveyancer?

Some lenders take longer than others. Have Bank of Ireland done the valuation? Have you advised Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Bletchley is where the house is located. Is there any advice you can give?

Flying freeholds in Bletchley are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bletchley you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bletchley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

In my capacity as executor for the will of my grandmother I am selling a house in Swansea but reside in Bletchley. My lawyer (who is 235 kilometers awayrequires that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Bletchley to attest this legal document for me?

Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Bletchley based

Back In 2000, I bought a leasehold house in Bletchley. Conveyancing and Chelsea Building Society mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Bletchley who previously acted has long since retired. What should I do?

First make enquiries of HMLR to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Bletchley conveyancing practitioner to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I purchased a 1 bedroom flat in Bletchley, conveyancing was carried out in 1997. Can you work out an approximate cost of a lease extension? Similar flats in Bletchley with over 90 years remaining are worth £191,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease comes to an end on 21st October 2073

You have 53 years left to run the likely cost is going to span between £27,600 and £31,800 plus professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.

Last updated

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