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Find a Knutsford Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Knutsford

I am due to exchange buying a house in Knutsford but as a consequence of damage from the recent storms I have was able negotiate reparation from the seller in the sum of £2k in the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process however Santander are not allowing this. Should they have been approached?

The lawyer being on a Santander conveyancing panel is duty bound to advise Santander of any amendments to the sale price. If you prohibit your property lawyer to report the price change to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new lawyer for your conveyancing in Knutsford.

Is there a search tool that I can utilise to find out if the solicitor handling my conveyancing in Knutsford is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus paying £192.00 in another set of conveyancing invoice.

Please do make use of the search tool on this page. Please choose the lender and type ‘Knutsford’ or your preferred area and you will discover numerous conveyancers based in Knutsford or nearest you.

I need some quick conveyancing in Knutsford as I have pressure to complete within one month. Fortunately I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?

As you are not obtaining a home loan you have the choice not to have searches conducted although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Knutsford the following are instances of what can show up and therefore impact future saleability: Enforcement Actions, Overdue Charges, Overdue Grants, Railway Schemes,...

Over the last few months I have been searching for a ground for flat up to £305k and identified one close by in Knutsford I like with a park and railway links nearby, however it only has 49 remaining years left on the lease. There is not much else in Knutsford in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan the shortness of the lease may be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.

I am attracted to a couple of maisonettes in Knutsford which have approximately forty five years left on the lease term. Do I need to be concerned?

There are no two ways about it. A leasehold apartment in Knutsford is a wasting asset as a result of the shortening lease. The nearer the lease gets to zero years unexpired, the more it reduces the value of the property. For most purchasers and mortgage companies, leases with less than 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Knutsford conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I am the registered owner of a studio flat in Knutsford, conveyancing was carried out half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Knutsford with a long lease are worth £211,000. The ground rent is £45 charged once a year. The lease finishes on 21st October 2091

With 67 years unexpired we estimate the premium for your lease extension to be between £10,500 and £12,000 as well as professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.

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Neighbouring Locations

Altrincham
Hale
Hale Barns
Knutsford
Mobberley

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