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Find a Lutterworth Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Lutterworth

I have 7378 less than 75 years remaining on my lease and need a lease extension for my apartment in Lutterworth. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 4/12/2018 the requirements read as follows :

Mortgage term plus 30 years (subject to a minimum unexpired term of 55 years). Please contact us as detailed in 1.11b should this not be the case.
For new build properties, the following lease terms are not acceptable:
- The unexpired lease term on a new build flat is less than 125 years
- The unexpired lease term on a new build house is less than 250 years
If the lease cannot be amended to comply with the above, the case cannot proceed. Please advise us immediately where the case cannot proceed.
Contact point as detailed in 1.11b.

My father pointed out to me me that in buying a property in Lutterworth there could be a number of restrictions preventing external changes to the property. Is this right?

We are aware of a number of properties in Lutterworth which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Lutterworth should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Is it the case that all Lutterworth conveyancing solicitors on the Kent Reliance conveyancing panel are overseen by the SRA?

As solicitors, in order to be on the Kent Reliance approved list of solicitors they would need to be regulated by the SRA. Many banks do list licenced conveyancers on their panel and in that case the firms would be governed by the CLC.

It is not clear whether my bank requires a lease extension. I have called into my local Lutterworth building society branch on numerous occasions and was told they are content with the situation and they will lend. My Lutterworth conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they will not lend based on their specific requirements. Who do I believe?

Your lawyer must follow the Council of Mortgage Lenders’ Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

How does conveyancing in Lutterworth differ for new build properties?

Most buyers of new build residence in Lutterworth approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because house builders in Lutterworth typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Lutterworth or who has acted in the same development.

I am looking for a conveyancing solicitor in Lutterworth for my remortgage. Can I check a firm’s record with the profession’s regulator?

Members of the public may read published Solicitor Regulator Association (SRA) decisions resulting from inquisitions commenced on or after Jan 2008. Visit Check a solicitor's record. For information Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator could monitor telephone calls for training reasons.

What do I do if I am unhappy with the lawyer who handled our conveyancing in Lutterworth?

Occasionally the level of service you receive is not as you expect, and unfortunately sometimes matters do not go as planned. Nevertheless there is recourse if you were unhappy with your conveyancing in Lutterworth. This varies from trying to resolve matters directly with them, through to reporting a conveyancer to their governing body. If you remain unhappy you may consider enlisting the help of the Legal Ombudsman.

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