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Find a Malmesbury Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Malmesbury

Is the fact that my conveyancer in Malmesbury is not listed on my lender's conveyancing panel that there is a problem with the quality of the firm’s conveyancing?

That would more than likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack 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 contact the Malmesbury conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.

We're in Malmesbury, First timers purchasing with a mortgage (lender is Leeds Building Society , and our solicitor is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

I have justbeen informed that Action Conveyancing have closed. They conducted my conveyancing in Malmesbury for a purchase of a leasehold apartment 18 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?

The quickest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Malmesbury conveyancing specialists.

I'm buying a new build house in Malmesbury with a mortgage from Britannia. The sellers refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not reveal to my conveyancer about this extras as it would put at risk my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

My wife and I purchased a leasehold house in Malmesbury. Conveyancing and National Westminster Bank mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Malmesbury who previously acted has long since retired. Any advice?

The first thing you should do is make enquiries of HMLR to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Malmesbury conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I am the registered owner of a 2 bed flat in Malmesbury, conveyancing having been completed in 2011. Can you work out an approximate cost of a lease extension? Similar flats in Malmesbury with an extended lease are worth £192,000. The ground rent is £55 invoiced annually. The lease ceases on 21st October 2072

With 54 years unexpired the likely cost is going to range between £32,300 and £37,400 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.

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