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Find a Denham Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Denham

My husband and I are looking to buy a home in Denham and have instructed a Denham conveyancing firm. Within the past 48 hours our solicitor has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Barnsley Building Society have this afternoon contacted us to advise us that there is now an issue as our Denham lawyer is not on their approved list of lawyers. Please explain?

When purchasing a property with the benefit of a mortgage it is normal for the purchasers' solicitors to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the bank's conveyancing panel as you are at liberty to use your preferred Denham lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.

As someone not used to conveyancing in Denham what is the number one tip you can impart for the ownership transfer in Denham

Not many law firms shout this from the rooftops but conveyancing in Denham and elsewhere in England and Wales is often a confrontational process. In other words, when it comes to conveyancing there exists an abundance of opportunity for confrontation between you and others involved in the home moving process. For instance, the vendor, estate agent and even potentially your mortgage company. Choosing a law firm for your conveyancing in Denham is a critical decision as your conveyancer is your adviser, and is the ONLY person in the process whose interest is to look after your legal interests and to protect you.

Every so often a potential adversary may try and sway you that you should follow their advice. As an example, the estate agent may claim to be helping by suggesting your lawyer is wrong. Or your financial adviser may tell you to do take action that is contrary to your conveyancers guidance. You should always trust your lawyer above all other parties in the home moving process.

I require fast conveyancing in Denham as I have an ultimatum to complete inside one month. A mortgage is not required. Can I decline from having conveyancing searches to save fees and time?

If.Given you are not obtaining a mortgage you are at free not to do searches although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Denham the following are examples of what can show up and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...

I am buying my first flat in Denham with a mortgage from The Mortgage Works. The developers refused to reduce the amount so I negotiated 6k of extras instead. The house builders rep told me not disclose to my solicitor about this extras as it may jeopardize my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am employed by a busy estate agency in Denham where we see a number of leasehold sales put at risk due to short leases. I have received inconsistent advice from local Denham conveyancing solicitors. Could you shed some light as to whether the seller of a flat can instigate the lease extension formalities for the buyer?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Following months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Denham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Most certainly. We can put you in touch with a Denham conveyancing firm who can help.

An example of a Lease Extension decision for a Denham property is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case affected 3 flats. The unexpired term was 71 years.

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