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Find a Epping Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Epping

My wife and I have lately purchased a property in Epping. We have since encountered a number of issues with the house which we suspect were omitted in the conveyancing searches. Is there anything we can do? What searches should? have been carried out as part of conveyancing in Epping?

It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Epping. Conveyancing searches and due diligence initiated during the buying process are designed to help avoid problems. As part of the process, a property owner completes a questionnaire known as a SPIF. answers is misleading, you may have a misrepresentation claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Epping.

Is it necessary to pay for insurance to address the risk of chancel repairs when acquiring a house in Epping?

Unless a prior purchase of the house completed post 12 October 2013 you could assume that lawyers carrying out conveyancing in Epping to remain recommending a chancel search and or chancel repair liability insurance.

Due to the input of my in-laws I had a survey completed on a property in Epping in advance of retaining solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some banks will not give a mortgage on a flying freehold premises.

It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. If you e-mail us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Epping. Conveyancing may be slightly more expensive based on your lender's requirements.

Can you offer any advice when it comes to choosing a Epping conveyancing firm to deal with our lease extension?

If you are instructing a property lawyer for lease extension works (regardless if they are a Epping conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We recommend that you talk with several firms including non Epping conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:

    How many lease extensions have they completed in Epping in the last 12 months? What are the legal fees for lease extension conveyancing?

I purchased a basement flat in Epping, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Epping with over 90 years remaining are worth £202,000. The ground rent is £60 invoiced every year. The lease ends on 21st October 2079

With 57 years unexpired we estimate the premium for your lease extension to be between £28,500 and £33,000 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.

We are purchasing a four bedroom bungalowin Epping with a residential mortgage from a mortgage company. We have a solicitor in Epping however our mortgage company inform us now that she’s not listed on their "panel". Apparently we need to choose from the our lender panel firms or keep our Epping solicitor and pay for one of their panel ones to represent our mortgage company. This seems very unfair; is there anything we can do?

No, not really. The mortgage company home loan offered to you is subject to conditions, one of which will be that solicitors will on the lender's conveyancing panel. Until recently, most mortgage companies had large numbers of law firms on their panels, including most conveyancing solicitors in Epping : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for your lender.

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