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Find a Northamptonshire Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Northamptonshire

My partner and I are buying our first home. Our solicitor has e-mailedto see if we want to purchase additional conveyancing searches. We are really unsure what's necessary for conveyancing in Northamptonshire

The range of Northamptonshire conveyancing searches depends primarily on the premises, the location, the possibility of any of these risks, your familiarity of the region and risks, your overall appetite to risk. What matters is that you properly comprehend what information the searches could give you. You may then make a decision if you consider that you need that information. If uncertain, ask the lawyer to recommend.

Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Northamptonshire. My lender is Bank of Ireland

Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 25/9/2022, the requirements read as follows :

Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial property in Northamptonshire?

Its becoming the norm that commercial conveyancing solicitors in Northamptonshire will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Northamptonshire. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Northamptonshire.

For each commercial conveyancing transaction in Northamptonshire it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may result in delays to Northamptonshire commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Northamptonshire.

I am intending to rent out my leasehold flat in Northamptonshire. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?

A small minority of properties in Northamptonshire do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.

Northamptonshire Leasehold Conveyancing - A selection of Queries Prior to buying

    Is there a share of the freehold? It is important to be aware whether a new roof is being put on or some other significant cost is pending that will be shared between the tenants and may well dramatically impact the level of the service charges or result in a one off payment. How much is the yearly service fee and ground rent?

We own a leasehold flat in Northamptonshire. Conveyancing was completed in 2010. I have heard that I should not allow the the remaining lease term to get too low. What is the reasoning?

Northamptonshire residential long term leases are for a set period - often just under one hundred years when they started. However many appartments in Northamptonshire were built or converted 35 or more years ago and so such leases now have less than eighty years left to run. That may sound like plenty of time however Banks, Building Societies and other mortgage institutions tend to require leases to have at least seventy five years remaining to be mortgageable. This means that when you come to sell the property you will need a lease extension if you are nearing 75 years. To increase your property value you should be considering whether or not to extend your lease well in advance of selling the property. Furthermore advantages to taking action before the lease reaches even eighty years as when the lease is below 80 years the amount you have to pay to extend starts to increase.

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