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Find a Horfield Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Horfield

What happens if my solicitor is removed from the Kent Reliance Solicitor panel ahead of completing my conveyancing in Horfield?

The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.

I am looking for a leasehold apartment up to £245,000 and identified one near me in Horfield I like with amenity areas and transport links nearby, however it's only got 51 years on the lease. I can't really find anything else in Horfield in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

Should you require a mortgage that many years may be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you could ask them to 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 speak to your conveyancing lawyer about this.

In scouring the web for the term on line conveyancing in Horfield it brings up numerous conveyancersin the area. With so much choice what is the best way to find the right conveyancer for the sale of my house?

The best way of finding a suitable conveyancer is via personal testimonial, so seek the counsel of friends and those you trust who have acquired a property in Horfield or a respected estate agent or mortgage broker. Costs for conveyancing in Horfield vary, so it's advisable to secure at least four costs illustrations from varying types of conveyancers. Make sure that you know that the fees are fixed.

I work for a long established estate agency in Horfield where we have experienced a few leasehold sales jeopardised due to leases having less than 80 years remaining. I have been given contradictory information from local Horfield conveyancing firms. Could you confirm whether the owner of a flat can start the lease extension formalities for the purchaser on completion of the sale?

As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

Leasehold Conveyancing in Horfield - Sample of Questions you should consider Prior to Purchasing

    It is important to be aware if changing the roof or some other major work is anticipated to be shared between the leaseholders and will dramatically increase the the maintenance charges or necessitate a specific payment. How much is the yearly maintenance fee and ground rent? How many of the leaseholders are in arrears for their service charge payments?

Should I stop my mortgage payments with Clydesdale once a completion date for my home sale in Horfield has been set?

You are best advised to maintain meeting any mortgage sums to Clydesdale until the mortgage is paid off on completion as part of your Horfield conveyancing.

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