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Find a Malpas Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Malpas

I am about to put a bid on a leasehold apartment in Malpas. The estate agents say that it is the norm for flats in Malpas to have less than 75 years unexpired on the lease. I am getting a loan with Tesco Bank. Is this going to be a problem if the lease has Seventy One years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting 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 7/12/2019 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.

I just acquired a house at auction in Malpas. Conveyancing is needed. What happens now?

Given that you are now for in every practical sense signed on the dotted line you now have to instruct a conveyancing solicitor quickly as you are faced with a fast approaching a drop dead date to complete the property. An auction property should have a bespoke auction pack. This will likely include evidence of title and search results. Where you are dealing with leasehold premises the auction papers should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You need to pass this on to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.

I am being told by my lawyer that defective lease insurance is needed on my purchase. What is the level of cover for Malpas conveyancing?

The appropriate level of defective lease indemnity insurance should be dictated by who your lender. It would differ for example between Barclays and Skipton Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.

We were going to get a DIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Malpas solicitors on the Aldermore conveyancing panel, or is it better to go independently?

You will need to appoint Malpas solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.

I have justfound out that Wolstenholmes have closed. They carried out my conveyancing in Malpas for a purchase of a leasehold apartment 12 months ago. How can I establish that my home is not still registered in the name of the former proprietor?

The easiest method to see if the premises is in your name, you can carry out 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 Malpas conveyancing specialists.

I am thinking of appointing a conveyancing lawyer in Malpas for my remortgage. Is there any facility to see a firm’s record with the profession’s regulator?

Anyone may see documented Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.

Our conveyancing in Malpas is completing on Friday, however the vendors I am buying from has asked to move out the next day at noon. Can I accept such a idea?

Where you require a bank loan then your conveyancing practitioner will demand that the premises arevacant on Friday - the lending institution will require it.

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