Find a Dunmow Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Dunmow

Can the conveyancing lawyers revealed through your ’find a lawyer’ app conduct right to buy conveyancing in Dunmow?

We work with plenty of conveyancing solicitors carrying out right to buy conveyancing Do call the conveyancers listed to get a conveyancing quote.

I am about to put a bid on a leasehold flat in Dunmow. The selling agents tell me that it is usual for flats in Dunmow to have less than 75 years unexpired on the lease. I am expecting a loan with Chelsea Building Society. Will the property be mortgageable given that the lease has 69 years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 14/3/2023 the requirements read as follows :

85 years from the date of completion of the mortgage. Please ensure that you explain the implications of a short term lease to the borrower.

I have been on the look out for a leasehold apartment up to £305k and identified one close by in Dunmow I like with amenity areas and station nearby, however it only has 61 years unexpired on the lease. There is not much else in Dunmow for this price, so just wondered if I would be making a mistake buying a short lease?

If you require a mortgage that many years will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.

I'm refinancing my existing property to a BTL mortgage with Leeds Building Society and intend to use the remaining equity as a deposit on further house. The area we are interested in is Dunmow. Will your lawyers be able to act for both sets of mortgage companies and link together the conveyances?

Do use our search tool on this page to be sure that the lawyers are on the relevant lender panels. Assuming that they are your solicitor will be able to connect the two transactions but you should have a chat with you solicitor and make apparent your expectations and requirements.

Having had my offer accepted I require leasehold conveyancing in Dunmow. Before diving in I require certainty as to the unexpired term of the lease.

If the lease is recorded at the land registry - and most are in Dunmow - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Leasehold Conveyancing in Dunmow - Examples of Questions you should ask Prior to Purchasing

    It is important to be aware if fixing the lift or some other major work is coming up that will be shared by the tenants and could well materially impact the level of the service fees or result in a one off invoice. Does the lease contain onerous restrictions? The answer will be useful as a) areas can result in problems in the block as the communal areas may start to deteriorate where repairs remain unpaid b) if the leasehold owners have a dispute with the running of the building you will wish to know about it

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