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Find a Crowthorne Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Crowthorne

I just bought a flat at auction in Crowthorne. Conveyancing is necessary. What happens now?

Having legally committed yourself to purchase you will need to retain a conveyancing solicitor quickly as you are faced with a tight deadline in which to complete the conveyancing. An auction property will ordinarily have an associated legal pack. This should include evidence of title and search results. If you have purchased leasehold premises the conveyancing papers should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to a leasehold property. You should pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that you have funds in order to complete the transaction on the set completion date.

Two weeks ago we had a mortgage agreed in principle with Kent Reliance. Crowthorne conveyancing practitioners were instructed. What is the average time that one could expect to receive a mortgage offer from Kent Reliance?

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

After shopping around on the internet I have found a Crowthorne property lawyer having made sure that they are on the Clydesdale conveyancing panel. Does my lawyer arrange the survey of the property?

Clydesdale will need an independent valuation of the property. Your lawyer will not arrange this. Usually Clydesdale will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Crowthorne surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.

What can a local search inform me regarding the property my wife and I purchasing in Crowthorne?

Crowthorne conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company such as Searchflow The local search plays an important role in most Crowthorne conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your property. The search will provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.

It has been 4 months since my purchase conveyancing in Crowthorne took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Due to the guidance of my in-laws I had a survey completed on a property in Crowthorne in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend not grant a loan on such a premises.

It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Crowthorne. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Crowthorne to see if the conveyancing costs will increase in light of this.

There are only 62 years unexpired on my lease in Crowthorne. I need to extend my lease but my landlord is absent. What are my options?

On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to find the freeholder. In some cases an enquiry agent would be helpful to try and locate and prepare a report to be accepted by the court as evidence that the freeholder can not be located. It is wise to seek advice from a property lawyer both on investigating the landlord’s disappearance and the application to the County Court covering Crowthorne.

I own a garden flat in Crowthorne, conveyancing having been completed 10 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Crowthorne with an extended lease are worth £202,000. The ground rent is £60 invoiced every year. The lease terminates on 21st October 2076

With 56 years left to run the likely cost is going to be between £29,500 and £34,000 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.

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