lenderpanel

Find a Leeds Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Leeds

We have very pushy sellers who has insisted on a lock out contract with a deposit 6,000. Are such contracts generally advanced for Leeds conveyancing transactions?

Exclusivity contracts are contracts binding a home owner and prospective acquirer granting the buyer a ‘clear field’ to purchase the property for a set period of time. Essentially, a lock out is a document specifying that you should have a contract at a later time being the contract for the actual sale. It tends to be utilised for buyer confidence though in many situations, the proprietor may enjoy an upside from such agreements as well. There are numerous pros and cons to having them but you should to check with your solicitor but beware that it may result in incurring more in conveyancing fees. For this these contracts are not popular in relation to conveyancing in Leeds.

My wife and I are buying a flat in Leeds. I might seem paranoid but how we can trust a solicitor? At some point we have to put money into their account. What is the protection we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

If you had a top tip for choosing a conveyancing solicitor in Leeds what would it be?

It would be unwise to be seduced by the lowest Leeds conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.

is it true that all Leeds solicitors on the Bank of Ireland conveyancing panel are regulated by the SRA?

As solicitors, in order to be on the Bank of Ireland conveyancing panel they would need to be overseen by the SRA. The majority of banks do allow licenced conveyancers on their panel in which case such firms would be overseen by the Council of Licensed Conveyancers.

4 months have elapsed since my purchase conveyancing in Leeds took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Leeds. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Leeds

    Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.

I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Leeds is where the house is located. Is there any advice you can impart?

Flying freeholds in Leeds are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Leeds you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leeds may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

Last updated

Find out more about how flying freehold can affect your the value of a property.