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Find a Cranfield Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Cranfield

I have given 2 months notice to my current landlord and must vacate my rented property in Cranfield by the end of next month. Conveyancing on my purchase has just started. Can I complete in 4 weeks as don't want to have to move into short term accommodation?

The normal practice is not to provide notice for your letting unless your lawyer suggests that you should. Assuming that you have not already done so, notify to your conveyancer and request that they cajole the other side, try to get a realistic time scale from them that everyone will work to achieve

Can I be sure that the Cranfield conveyancing solicitor on the Bank of Ireland panel is any good?

When it comes to conveyancing in Cranfield obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor conducting your transaction.

Last month we had a mortgage agreed in principle with Virgin Money. Cranfield conveyancing solicitors were chosen. How long does it take for Virgin Money to issue the offer to the property lawyer?

There is no definitive answer here. Have Virgin Money conducted the survey? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.

HSBC have agreed my home loan in principle, my bid on a flat in Cranfield has been agreed to, what are the next steps?

Your estate agent will want to be informed of your property lawyer's details (ensure that the property lawyers are on the lender’s approved list). Contact HSBC or the financial adviser and complete any outstanding forms. HSBC will sellect a valuer who will get in touch with the estate agent or vendor to schedule a slot for the valuation to occur. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. HSBC will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Cranfield.

Various internet forums that I have come across warn that are the main cause of stalling in Cranfield conveyancing transactions. Is this right?

The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of delay in conveyancing in Cranfield.

Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one round the corner in Cranfield I like with a park and railway links in the vicinity, however it's only got 49 years unexpired on the lease. I can't really find anything else in Cranfield in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

I own a leasehold flat in Cranfield. Conveyancing and Chelsea Building Society mortgage are in place. I have received a letter 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 1996. The conveyancing solicitor in Cranfield who previously acted has long since retired. Any advice?

The first thing you should do is contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Cranfield conveyancing solicitor to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I own a leasehold flat in Cranfield, conveyancing formalities finalised 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Cranfield with a long lease are worth £222,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease ends on 21st October 2095

With just 71 years left to run we estimate the price of your lease extension to span between £9,500 and £11,000 plus legals.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.

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