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Find a Peterborough Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Peterborough

My wife and I have recently appointed a conveyancing solicitor in Peterborough. I I would like to check whether they are accepted on the The Royal Bank of Scotland approved list of lawyers. Could you advise?

The first thing you should do is phone your conveyancer and ask them whether they are on the lender panel. Alternatively please get in touch with The Royal Bank of Scotland who may be able to help.

Is there a list of Bank of Ireland panel conveyancers in Peterborough on the UK Finance Lenders’ Handbook Website?

Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. Very few banks make their panel listings available on the web. Where you are in need of a Peterborough property lawyer on the Bank of Ireland please make the most of our tool.

I have paid off my mortgage with HSBC. I assume I don't need a Peterborough lawyer on the HSBC panel to remove the mortgage at the Land Registry. Please confirm.

If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

  1. but are not moving to another property
  2. where HSBC has sent the Land Registry the discharge electronically, and
  3. HSBC has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your HSBC mortgage has been paid off.

I am currently in the process of buying my council flat in Peterborough. I have a mortgage offer with Santander. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.

Due to the advice of my in-laws I had a survey completed on a house in Peterborough prior to instructing solicitors. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies may refuse to give a loan on a flying freehold premises.

It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can investigate further with 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 Peterborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Peterborough to see if the conveyancing costs will increase in light of this.

My brother has recommend that I appoint his conveyancing solicitors in Peterborough. Do I take his recommendation?

No doubt the best way to select a conveyancing lawyer is to get referrals from friends or relatives who have actually used the solicitor that you are considering.

I am on look out for some leasehold conveyancing in Peterborough. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.

Assuming the lease is recorded at the land registry - and most are in Peterborough - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I invested in buying a 1 bedroom flat in Peterborough, conveyancing formalities finalised October 2007. Can you work out an approximate cost of a lease extension? Equivalent properties in Peterborough with a long lease are worth £207,000. The ground rent is £60 yearly. The lease ends on 21st October 2079

With just 57 years left to run we estimate the price of your lease extension to span between £28,500 and £33,000 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.

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