lenderpanel

Find a Piccadilly Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Piccadilly

As someone unfamiliar with the Piccadilly conveyancing process what’s the number one tip you can give me concerning the home moving process in Piccadilly

You may not hear this from too many lawyers but conveyancing in Piccadilly or throughout London is often a confrontational experience. In other words, when it comes to conveyancing there exists plenty of room for friction between you and other parties involved in the legal transfer of property. For example, the vendor, property agent and on occasion the mortgage company. Appointing a solicitor for your conveyancing in Piccadilly is a critical decision as your conveyancer is your adviser, and is the ONE party in the legal process whose responsibility is to look after your best interests and to keep you safe.

On occasion a third party with a vested interest will attempt to persuade you that it is in your interests to do things their way. For instance, the property agent may claim to be assisting by suggesting your solicitor is wrong. Or your financial adviser may tell you to do take action that is contrary to your lawyers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

What is your number one tip for finding a conveyancing solicitor in Piccadilly

We would encourage you not to base your choice on the cheapest Piccadilly conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.

Are all Piccadilly Conveyancing Quality Solicitors on the RBS conveyancing panel?

A selection of lenders now make use of the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.

How can we know in advance if a Piccadilly conveyancing solicitor on the Virgin Money panel is any good?

When it comes to conveyancing in Piccadilly getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer conducting your conveyancing.

Due to the encouragement of my in-laws I had a survey completed on a house in Piccadilly before instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies tend not grant a loan on a flying freehold premises.

It varies from the lender to lender. HSBC has different instructions for example to Halifax. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Piccadilly. Conveyancing may be slightly more expensive based on your lender's requirements.

What makes your site different to other online quote calculators for conveyancing in Piccadilly?

At this site get a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Piccadilly. Unlike many estate agents and brokerage sites we do not have commission arrangements with solicitors. A large number of agents and online brokers 'recommend' the firm who pay the most per referral, rather than the best value conveyancing in Piccadilly

I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Piccadilly conveyancing firm to represent me?

Most certainly. We are happy to put you in touch with a Piccadilly conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Piccadilly flat is Flat 1 3 Upper Belgrave Street in December 2010. The Tribunal determined that the price payablefor the Lease extension in respect of the subject premises was £2,202,007 This case related to 1 flat. The unexpired term was 21 years.

Are there common deficiencies that you come across in leases for Piccadilly properties?

Leasehold conveyancing in Piccadilly is not unique. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain provisions are erroneous. For example, if your lease is missing any of the following, it could be defective:

    Insurance obligations

You will encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, Virgin Money, and Nottingham Building Society 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 is defective they may refuse to grant the mortgage, forcing the purchaser to pull out.

Last updated

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