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Find a Cheetham Hill Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Cheetham Hill

I have given 8 weeks notice to my current landlord and have to leave my rented property in Cheetham Hill by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in 5 weeks as don't want to have to move into temporary accommodation?

It is unwise to provide notice on a rental until exchange of contracts has taken place. Assuming that you have not previously done so, notify to your lawyer and urge them to they chase the sellers solicitors, try to get a realistic time scale from them that everyone will aim to achieve

I have Fifty Six years remaining on my lease and require a lease extension for my flat in Cheetham Hill. Conveyancing solicitors on the Nationwide Building Society panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 14/2/2019 the requirements read as follows :

Our minimum unexpired lease term is 55 years subject to at least 30 years remaining at the end of the mortgage term.
Report to the issuing office if the lease term is shorter than that stated on 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 is less than 125 years on a new build flat or 250 years on a new build house (does not apply to Shared Ownership)
- 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.

Due to the encouragement of my in-laws I had a survey completed on a house in Cheetham Hill before instructing lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some banks tend not give a mortgage on this type of home.

It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Cheetham Hill. Conveyancing will be smoother if you use a solicitor in Cheetham Hill especially if they are familiar with such properties in Cheetham Hill.

I'm refinancing my primary property to a buy to let loan with Bank of Scotland and I will use the ballance of the raised equity towards a second property. The area we are talking about is Cheetham Hill. Will your conveyancers be able to act for the two mortgage companies and tie in the transactions?

Make use of our comparison tool on this site to check that the conveyancers are approved by both lenders. Having checked that they are your solicitor will be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and specify your expectations and requirements.

If instructed can a conveyancer remove a name from the title of my property in Cheetham Hill ?

Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a solicitor to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a solicitor

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