My Conveyancer in Farringdon is not listed on the Santander Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are not on the Santander approved list?

Your options are as follows:

1. Carry on with your preferred Farringdon solicitors but Santander will need to use a solicitor on their list of acceptable firms. This will inevitably rack up the total conveyancing charges as well as cause delays.
2. Get an alternative lawyer to act in the purchase, not forgetting to check they are Santander approved.
3. Persuade your Santander based solicitor to seek to join the Santander panel

I am looking for a ground for flat up to £245,000 and identified one close by in Farringdon I like with open areas and transport links nearby, the downside is that it only has 52 years unexpired on the lease. There is not much else in Farringdon in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?

If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.

I am looking to sell my house. My past solicitors has retired. I am in need of a recommendation of a conveyancing firm. Im based in Farringdon if that makes things easier.

You should use our search tool to help you find a solicitor for your conveyancing in Farringdon. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.

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

If you are instructing a property lawyer for lease extension works (regardless if they are a Farringdon conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Farringdon conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:

How experienced is the practice with lease extension legislation? Can they put you in touch with clients in Farringdon who can give a testimonial?

I am the proprietor of a two-bedroom flat in Farringdon. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?

Most definitely. We are happy to put you in touch with a Farringdon conveyancing firm who can help.

An example of a Lease Extension case for a Farringdon property is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The unexpired residue of the current lease was 66.8 years.

How up-to-date is your database of lawyers on the mortgage company conveyancing panel in Farringdon? Do the banks send you an updated list?

Farringdon firms and firms carrying out conveyancing in Farringdon themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the mortgage company directly.