Find a East Cowes Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in East Cowes

Our son-in-law is purchasing a new build apartment in East Cowes with a home loan from TSB. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?

The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

I have Fifty Six years unexpired on my lease and need a lease extension for my apartment in East Cowes. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions right?

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. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 14/4/2019 the requirements read as follows :

Yes, subject to a minimum lease term of 85 years. The unexpired lease term must be at least the mortgage term plus 45 years. See also 5.14.9

I am buying a house and the lawyer has raised the issue of Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. She has mentioned insurance. Is this strictly necessary for conveyancing in East Cowes

Unless a previous acquisition of the property completed after 12 October 2013 you could expect lawyers delivering conveyancing in East Cowes to continue to suggest a chancel search and or chancel repair liability insurance.

How does the Landlord & Tenant Act 1954 affect my commercial premises in East Cowes and how can your lawyers assist?

The particular law that you refer to affords security of tenure to business tenants, giving them the right to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. East Cowes is one of our hundreds of areas of the UK in which our lawyers have offices

We are 18 days into a leasehold purchase having been directed to solicitors by the local agent to carry out the conveyancing in East Cowes. I am am extremely frustrated with the quality of service. Could you you assist me in finding new solicitors?

They would have to be very bad in order to consider changing them. Has your loan offer been issued? In the event that it has you need to advise them of the new contact details and ensure the loan are issued to the new lawyers. The solicitor ideally needs to be on the mortgage company approved list to avoid supplemental charges and delays. So that should be your first question of the new solicitors. Our find a solicitor tool will help you find a lender approved conveyancer for your home move in East Cowes

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