My husband and I are purchasing a 1 bedroom apartment in Mawsley with a mortgage. We have a Mawsley conveyancer, but the bank advise he's not on their "panel". We have to appoint one of the bank panel solicitors or retain our Mawsley conveyancing practitioner and pay for one of their panel firms to act for them. This feels very unfair; are we not able to insist that the lender use our Mawsley solicitor ?

No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Mawsley conveyancing solicitor to apply to be on the conveyancing panel.

We are about to sign contracts for a semi detached house in Mawsley. We have hit a snag. The loan offer with Barclays Direct expires on 18/6/2024 but the owners are insisting on a completion date of 20/6/2024. Is it possible to prolong the mortgage expiry date?

The best person to deal with your question is your solicitors who will hopefully assess if he or she is better off negotiating with the bank, vendor’s representatives, property agents or possibly all parties given the history of your house move to date.

I need some quick conveyancing in Mawsley as I am faced with pressure to sign on the dotted line within 3 weeks. Thankfully I do not need a mortgage. Can I decline from having conveyancing searches to save money and time?

If.Given you are not getting a mortgage you have the choice not to do searches although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Mawsley the following are instances of what can appear and adversely impact the marketability of the property: Enforcement Actions, Overdue Charges, Overdue Grants, Railway Schemes,...

I have justdiscovered that Wolstenholmes have closed. They carried out my conveyancing in Mawsley for a purchase of a leasehold flat 10 months ago. How can I check that the property is not still registered in the name of the former proprietor?

The easiest way to see if the property 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 Mawsley conveyancing specialists.

What makes a Mawsley lease defective?

There is nothing unique about leasehold conveyancing in Mawsley. Most leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain sections are wrong. For example, if your lease is missing any of the following, it could be defective:

Repairing obligations to or maintain elements of the property A duty to insure the building

A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, The Royal Bank of Scotland, and Bank of Ireland all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to withdraw.

Mawsley Leasehold Conveyancing - Sample of Queries Prior to Purchasing

Is the freehold reversion owned jointly by the tenants? Make sure you investigate if there are any onerous restrictions in the lease. For example it is very common in Mawsley leases that pets are not allowed in in a block in Mawsley. If you like the flatin Mawsley however your dog is not allowed to move with you then you will be presented with a difficult determination. What restrictions are there in the Mawsley Lease?