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Find a Congleton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Congleton

I need some expedited conveyancing in Congleton as I am faced with pressure to sign on the dotted line in less than 3 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save money and time?

If.Given you are are a cash purchaser you have the choice not to do searches although no law firm would suggest that you don't. Drawing on our experience of conveyancing in Congleton the following are instances of issues that can appear and therefore impact the marketability of the property: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...

Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Congleton is the location of the property. Is there any guidance you can impart?

Flying freeholds in Congleton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Congleton you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Congleton 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.

How straightforward is it to use the search app to choose a conveyancing practitioner in Congleton on the panel for my lender?

First select a mortgage company such as Halifax, Virgin Money or Godiva Mortgages Ltd then type in your preferred area e.g. Congleton. Conveyancing practices in Congleton and across England and Wales should be listed.

I am tempted by the attractive purchase price for a couple of flats in Congleton both have approximately fifty years unexpired on the lease term. Will this present a problem?

There is no doubt about it. A leasehold flat in Congleton is a wasting asset as a result of the shortening lease. The nearer the lease gets to its expiry date, the more it reduces the marketability of the premises. For most buyers and mortgage companies, leases with less than eighty years become less and less attractive. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Congleton conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I inherited a leasehold flat in Congleton, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Congleton with over 90 years remaining are worth £222,000. The average or mid-range amount of ground rent is £50 per annum. The lease ends on 21st October 2093

With only 71 years left to run we estimate the price of your lease extension to be between £9,500 and £11,000 as well as costs.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.

I require the services of a bank panel solicitor in Congleton. Could you help me?

Unfortunately it’s not apparent why you need a Congleton panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the lender to find out which solicitors in Congleton are on their panel . If you do find such a firm in Congleton not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site

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