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Find a Muxton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Muxton

The Muxton conveyancing firm handling our Muxton conveyancing has uncovered a difference when comparing the information in the home valuation survey and what is in the conveyancing documents. My lawyer says that he is duty bound to ensure that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s stance legitimate?

Your lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

I am about to put an offer on a leasehold apartment in Muxton. The estate agents advise that it is the norm for flats in Muxton to have less than 75 years unexpired on the lease. I am taking out a loan with Virgin. Is this going to be a problem if the lease has 69 years unexpired.

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. Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 9/2/2019 the requirements read as follows :

85 years at the time of completion. If it's less, we require it to be extended on or before completion.

Due to the input of my in-laws I had a survey completed on a property in Muxton before appointing lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies may refuse to grant a loan on a flying freehold home.

It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Muxton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Muxton to see if the conveyancing costs will increase in light of this.

My husband and I are 17 days into a residential purchase having been recommend to conveyancers by the estate agent to carry out the conveyancing in Muxton. I am am extremely dissatisfied with the level of service. Can you help me find new solicitors?

They would have to be really poor to suggest changing them. Has your mortgage been sent? If so you must make them aware of the replacement solicitor and ensure the loan are re-issued. Your new solicitor ideally should be on the mortgage company panel to avoid supplemental fees and delays. So that should be your starting point. Our find a solicitor tool should help you find a lender approved lawyer for your conveyancing in Muxton

I have just started marketing my basement apartment in Muxton. Conveyancing is yet to be initiated, however I have just had a half-yearly service charge demand – should I leave it to the buyer to sort out?

The sensible thing to do is pay the invoice as you normally would given that all rents and service charges should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

Muxton Leasehold Conveyancing - Sample of Questions you should ask before buying

    Is the freehold reversion owned collectively by the leaseholders? This information is useful as a) areas may result in problems for the building as the communal areas may start to deteriorate if repairs remain unpaid b) if the tenants have an issue with the managing agents you will want to know about it

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