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Find a Ledbury Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Ledbury

Am I correct in assuming that the fact that my solicitor in Ledbury is not listed on my bank's conveyancing panel that there is a problem with the quality of the firm’s work?

It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Ledbury conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.

Is it necessary to take out insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Ledbury?

Unless a previous purchase of the property completed after 12 October 2013 you may expect conveyancing practitioners carrying out conveyancing in Ledbury to continue to recommend a chancel search and or insurance against a claim.

My wife and I own a renovated Victorian house in Ledbury. Conveyancing lawyer represented me and Nottingham Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same address. Is it worth asking Nottingham Building Society to clarify?

You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ledbury and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing lawyer who carried out the work.

I have been on the look out for a ground for flat up to £245,000 and identified one close by in Ledbury I like with a park and railway links nearby, however it's only got 49 years on the lease. There is not much else in Ledbury suitable, so just wondered if I would be making a grave error acquiring a short lease?

Should you need a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.

My husband and I are novice buyers - had an offer accepted, but the selling agent has warned us that the vendor will only issue a contract if we use their chosen solicitors as they are insisting on a ‘quick sale’. We would rather use a high street solicitor accustomed to conveyancing in Ledbury

It is improbable the owners are driving this. Should the seller require ‘a quick sale', alienating a motivated purchaser is is going to put the whole deal at risk. Try to communicate with the owners directly and make sure they understand (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you are going to use your own,trusted Ledbury conveyancing solicitors - not the ones that will give the negotiator at the agency a introducer fee or achieve conveyancing thresholds demanded by senior management.

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