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Find a Perton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Perton

My husband and I are getting closer to an exchange on a property in Perton and my parents have sent the exchange deposit to my property lawyer. I am now informed that as the deposit has not come from me my property lawyer needs to make a notification to my lender. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the lender regarding my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?

The conveyancer is obliged to clarify with mortgage company to make sure that they know that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.

How do I check that the solicitor handling my conveyancing in Perton is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Nottingham Building Society thus spending £175.00 in supplemental conveyancing costs.

Please do make use of the find a conveyancing panel solicitor tool on this web page. Pick the lender and type ‘Perton’ or your preferred area and you will be presented with a number of lawyer based in Perton or by proximity to you.

I am buying a new build apartment in Perton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Perton

    Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are architect prepared. Please supply a car parking plan.

I opted to have a survey done on a house in Perton prior to appointing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies may refuse to grant a mortgage on such a house.

It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Perton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Perton to see if the conveyancing will be more expensive.

Do you have any top tips for leasehold conveyancing in Perton from the perspective of speeding up the sale process?

  • A significant proportion of the delay in leasehold conveyancing in Perton can be reduced where you instruct lawyers the minute your agents start marketing the property and request that they start to put together the leasehold documentation which will be required by the purchasers’ conveyancers.
  • You may think that you are aware of the number of years remaining on your lease but it would be advisable verify this by asking your conveyancers. A purchaser's conveyancer will not be happy to advise their client to where the remaining number of years is below 80 years. In the circumstances it is important at an early stage that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. In the event that you altered the property did you need the Landlord’s approval? In particular have you laid down wooden flooring? Perton leases often stipulate that internal structural changes or installing wooden flooring necessitate a licence issued by the Landlord consenting to such alterations. Should you dont have the consents to hand do not communicate with the landlord without contacting your solicitor first. Some Perton leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors. If you have had conflict with your landlord or managing agents it is very important that these are resolved prior to the flat being marketed. The purchasers and their solicitors will be warry about purchasing a property where a dispute is ongoing. You will have to accept that you will have to pay any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is better to present the dispute as historic rather than ongoing.

Perton Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying

    What is the maintenance charge and ground rent on the flat? How many of the leaseholders are in arrears for their maintenance charge payments? Many Perton leasehold flats will have a service charge for the upkeep of the block levied on behalf of the freeholder. Where you acquire the flat you will have to meet this amount, normally quarterly during the year. This can vary from several hundred pounds to thousands of pounds for bigger purpose-built blocks. In all likelihood there will be a rentcharge to be met yearly, ordinarily this is not a exorbitant figure, say about £25-£75 but you need to check as on occasion it could be many hundreds of pounds.

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