Find a Mansfield Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Mansfield

Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Mansfield. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 12/2/2019, the requirements read as follows :

I'm the single recipient of my late mum's will and I have everything in my name alone, including the house in Mansfield. Conveyancing formalities meant that the Land Registry date was in January. I want to move. I understand that there is a CML 6 month 'rule', which means that my property ownership will be regarded the same way as though I had purchased the property in January. Do I have to wait 6 months to sell?

The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. Most banks would take a pragmatic view as this requirement principally exists to capture subsales or the flipping of properties.

We were going to get a OIP from HSBC this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Mansfield solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?

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

After months of negotiation I have agreed a price on a house in Mansfield. My financial adviser suggested a property lawyer. I paid an on account payment of £200. Not long after, the solicitor called me sheepishly admitting that they were not on the Santander conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Santander panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

How does conveyancing in Mansfield differ for newly converted properties?

Most buyers of new build residence in Mansfield come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Mansfield tend to acquire the land, 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 conveyancing solicitors 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 Mansfield or who has acted in the same development.

Is it best to appoint a Mansfield conveyancing practitioner who is local to the property I am hoping to buy? We have a good friend who can perform the legal formalities but her office is 400kilometers away.

The benefit of a high street Mansfield conveyancing firm is that you can drop in to sign paperwork, hand in your identification documents and pester them where appropriate. They will also have local intelligence which is a plus. That being said it's more important to get someone that will do a good and efficient job. If other friends have used your friend and on the whole were content that should surpass using an unfamiliar Mansfield conveyancing lawyer just because they are based in the area.

Back In 2003, I bought a leasehold house in Mansfield. Conveyancing and Bank of Ireland mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Mansfield who previously acted has now retired. What should I do?

First make enquiries of HMLR to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Mansfield conveyancing solicitor to do this as it can be done on-line for a few pound. You should note 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 invested in buying a split level flat in Mansfield, conveyancing having been completed June 1996. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Mansfield with over 90 years remaining are worth £202,000. The average or mid-range amount of ground rent is £60 invoiced annually. The lease ends on 21st October 2076

With 57 years unexpired we estimate the premium for your lease extension to range between £28,500 and £33,000 as well as costs.

The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.

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