Find a Laindon Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Laindon

I am in a contract race with another buyer for a property in Laindon. What can I do to accelerate the conveyancing process?

First, If you are under time constraints for your conveyancing it is highly recommended that your lawyer is familiar with the area as they will have local relationships and insight. It is possible that they could have conducted previousproperties in the same neighbourhood. Therefore consider using a Laindon conveyancing firm. Second, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that 18% of Laindon conveyancing deals are delayed or derailed after finding out that a purchaser’s lawyer was not on their banks panel. This can often result in the conveyancing being delayed by as much as 21 days. It is estimated that this issue impacts in the region of one hundred thousand home sales every year. Almost all Laindon conveyancing firms can not act for certain mortgage companies so do check as early as possible.

We are purchasing a house and require a conveyancing solicitor in Laindon who is on the Lloyds approved panel. Could you point me in the right direction as regards a conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Laindon.

My wife and I have recently appointed a conveyancing solicitor in Laindon. I I would like to check if they are on the Barnsley Building Society approved list of lawyers. Could you help?

You should call your lawyer and enquire whether they are on the lender panel. Otherwise you can get in touch with Barnsley Building Society who may be able to confirm.

Do you have any top tips for leasehold conveyancing in Laindon with the aim of expediting the sale process?

  • A significant proportion of the frustration in leasehold conveyancing in Laindon can be bypassed where you appoint lawyers the minute your agents start marketing the property and request that they start to collate the leasehold information needed by the purchasers’ lawyers.
  • Many landlords or managing agents in Laindon levy fees for supplying management packs for a leasehold property. You or your lawyers should enquire as to the actual amount of the charges. The management information can be applied for on or before finding a buyer, thus reducing delays. The typical amount of time it takes to receive management information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Laindon. If you have the benefit of shareholding in the Management Company, you should make sure that you are holding the original share document. Organising a re-issued share certificate can be a lengthy process and delays many a Laindon home move. Where a reissued share is needed, do contact the company officers or managing agents (if applicable) for this at the earliest opportunity. You believe that you know the number of years left on your lease but it would be advisable verify this by asking your conveyancers. A buyer’s lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the lease term is below 75 years. It is therefore essential at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. If there is a history of any disputes with your landlord or managing agents it is essential that these are resolved prior to the flat being marketed. The purchasers and their solicitors will be warry about purchasing a property where there is an ongoing dispute. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is better to reveal the dispute as historic as opposed to ongoing.

I inherited a studio flat in Laindon, conveyancing was carried out in 2004. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Laindon with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 levied per year. The lease comes to an end on 21st October 2090

You have 67 years remaining on your lease we estimate the premium for your lease extension to be between £10,500 and £12,000 plus costs.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.

I own a leasehold flat in Laindon. Conveyancing was completed in 21012. I have read on a number of consumer forums that I mustn’t allow the the remaining lease term to get too short. Why is that a problem?

Laindon residential long term leases are for a set period - usually 99 years when they started. However a significant flats in Laindon were built or converted 30 or more years ago and so these leases now have under eighty years left to run. This may sound like plenty of time however Banks, Building Societies and other mortgage companies tend to require leases to have a minimum of seventy five years unexpired to be mortgageable. This means that when you come to sell the property you will need a lease extension if you are approaching 75 years. To enhance the saleability of your property you should be considering whether or not to extend your lease long before you come to sell it. Furthermore significant benefits to taking action before the lease reaches even eighty years as when the lease is less than eighty years the amount you have to pay to extend starts to escalate.

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