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Find a Eastcote Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Eastcote

Am I correct in assuming that the fact that my conveyancer in Eastcote is not on my lender's conveyancing panel that there is a problem with the standard of his work?

That would most likely be a wrong assumption to make. There are plenty of plausible explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Eastcote conveyancing practice and ask them why they are no longer on the approved list for your bank.

Finally the sale completed on my house in Eastcote last January but my buyer keeps whats apping every few hours to say her solicitor is waiting to hear from myconveyancer. What should have happened following completion?

Post completion of your disposal your solicitor should deliver the transfer documentation and all of the paperwork to the purchaser's solicitors. Where appropriate, your conveyancer must also send confirmation that the home loan has been discharged to the buyers conveyancers. There is unlikely to be post completion procedures just for conveyancing in Eastcote.

Just had an offer accepted on a new build flat in Eastcote. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Eastcote

    Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants.

I opted to have a survey completed on a house in Eastcote ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some lenders tend not issue a loan on a flying freehold home.

It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Eastcote. Conveyancing will be smoother if you use a solicitor in Eastcote especially if they regularly deal with such properties in Eastcote.

Why do Eastcote conveyancing charges are more expensive for leasehold and freehold properties?

Inevitably there is more work involved in leasehold conveyancing. Eastcote has many leasehold properties. There is more hours involved in the purchase: for example, the lease and leasehold information (including up to date service charge, ground rent and buildings insurance details) obtained from the freeholder or managing agents. There are strict criteria that the lease must meet in order to be acceptable to a mortgage company. If it does not meet these requirements, the lease must be amended, which can involve additional expense for the seller.

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