Find a Epsom and Ewell Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Epsom and Ewell conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Epsom and Ewell

I can't travel far from Epsom and Ewell. What is the rationale as to why all Epsom and Ewell conveyancing practitioners are not on all lender panels?

Mortgage Companies ordinarily impose restrictions on either the type or volume of conveyancing firms on their approved list of lawyers. Frequent examples of such restriction(s) being that a firm must have at least two partners. As well as restricting the type of firm, some banks decided to limit the number of practices they allow to act for them. You should note that mortgage companies have no accountability for the standard of service supplied by any Epsom and Ewell conveyancer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels in the last decade even though there are opposing thoughts about the extent of solicitor involvement in some of that fraud. Statistics via the Land Registry indicates that thousands of law practices only conduct less than three conveyances annually. Those advocating conveyancing panel consolidation ask why conveyancing firms should have the right to be listed on a lender panel when it is evident that conveyancing is not their primary expertise?

It has been 2 months since my purchase conveyancing in Epsom and Ewell concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

How does conveyancing in Epsom and Ewell differ for new build properties?

Most buyers of new build premises in Epsom and Ewell come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Epsom and Ewell tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Epsom and Ewell or who has acted in the same development.

How straightforward is it to use the search tool to find a conveyancing lawyer in Epsom and Ewell on the authorised to act for my mortgage?

1st select a lender such as National Westminster Bank, Skipton Building Society or Bank of Ireland then type in your location such as Epsom and Ewell. Conveyancing firms in Epsom and Ewell and further afield will then be listed.

After years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Epsom and Ewell. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Most certainly. We can put you in touch with a Epsom and Ewell conveyancing firm who can help.

An example of a Lease Extension decision for a Epsom and Ewell flat is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The unexpired term was 60.43 years.

What makes a Epsom and Ewell lease defective?

Leasehold conveyancing in Epsom and Ewell is not unique. All leases are unique and drafting errors can result in certain sections are not included. For example, if your lease is missing any of the following, it could be defective:

    Repairing obligations to or maintain parts of the premises A duty to insure the building

A defective lease will likely cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Santander, Bank of Scotland, and Clydesdale all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, obliging the purchaser to withdraw.

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