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Find a Hale End Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Hale End

I am nearing exchange of contracts for my apartment in Hale End and the EA has just called to advise that the purchasers are switching law firm. The reason given is that the lender will only deal with solicitors on their conveyancing panel. Why would a major lender only work with specific law firms rather the firm that they want to appoint to handle their conveyancing in Hale End ?

Lenders have always had an approved set of law firms they are content to work with, but in the past few years big names such as Santander, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for more than 25 years.

Lenders attribute this action to a rise in fraud as the reason for the pruning – criteria have been stiffened as a smaller panel is easier to maintain. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels. Plenty of firms do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are not going to have any impact on this.

Why is leasehold purchase conveyancing in Hale End costs more?

In summary, leasehold conveyancing in Hale End and elsewhere usually warrants extra hours of investigation compared to freehold conveyancing. This includes analysing the lease terms, liaising with the landlord concerning serving required notices, securing up-to-date service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.

I am purchasing a flat and require a conveyancing solicitor in Hale End who is on the Godiva Mortgages Ltd solicitor. Can you recommend a local solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Godiva Mortgages Ltd in certain locations such as Hale End. We dont recommend any particular firm.

My colleague recommended that if I am purchasing in Hale End I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

A search of this type is usually included in the estimate for your Hale End conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Hale End around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning Hale End.

Can you provide any advice for leasehold conveyancing in Hale End with the aim of expediting the sale process?

  • A significant proportion of the delay in leasehold conveyancing in Hale End can be avoided if you appoint lawyers as soon as your agents start marketing the property and request that they start to collate the leasehold documentation which will be required by the purchasers’ representatives.
  • A minority of Hale End leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. You believe that you know the number of years remaining on your lease but it would be wise to double-check via your lawyers. A purchaser's lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is under 80 years. In the circumstances it is essential at an early stage that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. The majority of landlords or managing agents in Hale End charge for supplying management packs for a leasehold property. You or your lawyers should discover the fee that they propose to charge. The management pack sought on or before finding a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Hale End.

I am the registered owner of a 1 bedroom flat in Hale End, conveyancing having been completed in 2004. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Hale End with a long lease are worth £206,000. The average or mid-range amount of ground rent is £45 per annum. The lease terminates on 21st October 2084

You have 66 years left to run the likely cost is going to range between £11,400 and £13,200 plus professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other concerns 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 without first seeking the advice of a professional.

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