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Find a Kimbolton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Kimbolton

Can I be sure that the Kimbolton conveyancing solicitor on the UBS panel is any good?

When it comes to conveyancing in Kimbolton getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the lawyer carrying out your transaction.

I recently had an offer accepted on an apartment in Kimbolton. My mortgage broker pressured me to appoint their lawyer. I paid an advanced payment of £200. A couple of days later, the conveyancing practitioner called me to say that they were not on the UBS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the UBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

Intending to buy a apartment in Kimbolton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Kimbolton conveyancing practitioner is on the Nationwide conveyancing panel.

How does conveyancing in Kimbolton differ for new build properties?

Most buyers of new build property in Kimbolton come to us having been asked by the developer to exchange contracts and commit to the purchase even before the house is completed. This is because developers in Kimbolton typically purchase 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 used to new build conveyancing in Kimbolton or who has acted in the same development.

I have been on the look out for a ground for flat up to £245,000 and found one close by in Kimbolton I like with open areas and transport links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Kimbolton for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?

Should you need a mortgage the remaining unexpired lease term will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities 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 solicitor concerning this.

I am one month into a freehold purchase having been recommend to conveyancers by the estate agent to execute conveyancing in Kimbolton. I am not happy. Can you help me find new lawyers?

A lawyer would have to be very poor in order to consider replacing them. Has your mortgage offer been issued? If so you must inform them of the replacement solicitor and get the offer are re-sent. Your conveyancer should be on the banks approved list to avoid added expenses and frustration. So that should be your first question of the new conveyancers. The find a solicitor tool should help you find a lender approved solicitor for your conveyancing in Kimbolton

I am attracted to a couple of flats in Kimbolton which have approximately 50 years remaining on the leases. Should I regard a short lease as a deal breaker?

There are plenty of short leases in Kimbolton. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease shortens the marketability of the lease deteriorates and results in it becoming more expensive to acquire a lease extension. For this reason it is often a good idea to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this area.

Leasehold Conveyancing in Kimbolton - Examples of Questions you should ask Prior to Purchasing

    Are any of leasehold owners in arrears of their service charge liability? What restrictions are contained in the Kimbolton Lease?

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