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Find a Low Moor Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Low Moor

I purchased a freehold property in Low Moor but nevertheless invoiced for rent, why is this and what is this?

It’s unusual for properties in Low Moor and has limited impact for conveyancing in Low Moor but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.

Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Low Moor so that I can pop in to their offices when needed.

Whereas this was necessary 15 years ago, most banks no longer require their conveyancing panel lawyer to witness the borrowers signature. You will still be obliged to provide ID documents and there are still manifest benefits to instructing a locally based solicitor, in your situation a conveyancing solicitor in Low Moor.

I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Low Moor is where the house is located. Is there any advice you can impart?

Flying freeholds in Low Moor are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Low Moor you must be sure that your lawyer goes 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 Low Moor 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 property.

My father has suggested that I instruct his conveyancers in Low Moor. Do I follow his advice?

Much as we are happy to recommend a Low Moor conveyancing lawyer the best way to choose a conveyancing practitioner is to get recommendations from friends or relatives who have actually used the conveyancer that you are are thinking of instructing.

I have miscalculated my finances and am a couple of thousand pounds short a 10% deposit on my flat purchase in Low Moor , but I am anxious proceed. Do I have options?

One option is to try and agree a lower deposit. Many property owners will accept a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second

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