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Find a Littleport Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Littleport

Can you help - my lawyer says that flying freehold insurance is needed on my purchase. What is the level of cover for Littleport conveyancing?

The right level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between Yorkshire Building Society and The Royal Bank of Scotland. Conveyancing practitioners as opposed to members of the public take out such insurances.

I happen to be the single recipient of my late mum's estate with all property in now in my sole name, including the my former home in Littleport. Conveyancing formalities meant that the Land Registry date was in October. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship may be treated the same way as if I'd bought the property in October. Is the property unsalable for six months?

The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. How sensible a view mortgage companies take of it, depend on the bank as this requirement is chiefly there to identify subsales or the wholesaling and assigning of properties.

Bank of Ireland have agreed my mortgage in principle, my bid on a property in Littleport has been accepted, now what?

Your property agent will want to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s panel). Telephone Bank of Ireland or the broker and finalise any appropriate paperwork. Bank of Ireland will appoint a valuer who will get in contact with the estate agent or owners to schedule a slot for the valuation to happen. Once conducted (assuming no problems) it takes approximately a fortnight to receive the mortgage offer. Bank of Ireland will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Littleport.

Various online forums that I have come across warn that are the primary reason for hinderance in Littleport conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Littleport.

Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what should have been a quick, no chain conveyancing. Littleport is the location of the property. Is there any advice you can impart?

Flying freeholds in Littleport are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Littleport you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Littleport may ascertain 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 property.

How does the Landlord & Tenant Act 1954 affect my commercial property in Littleport and how can your lawyers assist?

The 1954 Act gives security of tenure to commercial leaseholders, giving them the a statutory right to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Littleport is one of the hundreds of locations in which the firms we work with are located

My husband and I are 14 days into a leasehold purchase having been recommend to conveyancers by the estate agent to carry out the conveyancing in Littleport. I am not happy. Can you help me find new conveyancers?

A solicitor would need to be really poor to suggest diss instructing them. Has your loan offer been sent? If so you will need to inform them of the new contact details and get the mortgage documents are re-sent. Your conveyancer needs to be on the banks approved list to avoid added costs and frustration. That should be your starting point. The search tool can assist you in finding a lender approved solicitor for your conveyancing in Littleport

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Neighbouring Locations

Downham Market
Littleport
Ely
Soham

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