Find a Kingswinford Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Kingswinford

My husband and I are purchasing a newly constructed flat in Kingswinford and my conveyancer is informing me that she is duty bound to the lender to reveal incentives from the seller. The Estate Agents are hassling me to sign contracts and my preference is not to prolong the conveyancing. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I am about to put an offer on a leasehold flat in Kingswinford. The estate agents tell me that it is usual for flats in Kingswinford to have less than 75 years unexpired on the lease. I am getting a loan with Platform. Will the property be mortgageable given that the lease has Seventy One years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 5/7/2024 the requirements read as follows :

Minimum 85 years unexpired from completion, except where the mortgage application is pursuant to Platform's participation in the Government's Help to Buy Shared Equity scheme, in which case (a) the unexpired lease term must not be less than 250 years for new-build houses and not less than 125 years for new-build flats and (b) ground rent must be reasonable at all times and any escalation must be linked to RPI (Retail Price Index) or a similar index.

Are there restrictive covenants that are commonly identified during conveyancing in Kingswinford?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Kingswinford. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How easy is it to use the search facility to find a conveyancing lawyer in Kingswinford on the approved list for my bank?

1st select a bank such as Accord Mortgages Ltd, Barnsley Building Society or Barclays Direct then choose your preferred area for instance Kingswinford. Conveyancing organisations in Kingswinford and nationally should be identified.

I am 18 days into a leasehold purchase having been recommend to solicitors by the high street agent to perform conveyancing in Kingswinford. We are not happy. Can you you assist me in finding new conveyancers?

They would need to be very bad to suggest replacing them. Has the loan offer been generated? In the event that it has you must make them aware of the new contact details and ensure the mortgage documents are re-issued. The solicitor ideally needs to be on the banks panel to avoid escalating expenses and frustration. That should be your starting point. Our find a solicitor tool should help you find a lender approved conveyancer for your home move in Kingswinford

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