Find a Manchester Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Manchester

I am not well enough to travel far from Manchester. What is the rationale as to why all Manchester conveyancers aren't included on all mortgage company panels?

Pre- 2008 most lenders exhibited an approach to risk which differs from the current day. The financial regulator in 2010 conducted a thematic review into fraud which in summary warned lenders: know the property lawyers on your panel. Accordingly, banks have subsequently requiredmore data from law firms regarding their processes and the individuals employed by them and set certain criteria such as completing a minimum amount of transactions. Many law practices have been excluded from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the criteria of volume of transactions the mortgage companies required.

I am the registered owner of a freehold residence in Manchester but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in Manchester and has limited impact for conveyancing in Manchester 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 date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

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

Are the BSA planning on creating a online directory to to identify solicitors on the Earl Shilton BS conveyancing panel for instance in Manchester?

Lexsure has not been advised of any intention on the part of the BSA to promote such a register.

I am looking for a ground for flat up to £235,500 and found one round the corner in Manchester I like with open areas and railway links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Manchester for this price, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.

We're FTB’s - had an offer accepted, but the selling agent has warned us that the vendor will only proceed if we use their recommended solicitors as they are insisting on a ‘quick sale’. We would rather use a family conveyancer with experience of conveyancing in Manchester

It is improbable the owners are behind this. If they desire ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Speak to the owners direct and make sure they understand (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Manchester conveyancing lawyers - as opposed tothe ones that will provide their estate agent a commission or hit his conveyancing targets pre-set by head office.

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