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Find a Polegate Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Polegate

It has come to my attention via my broker that my Polegate lawyer is not on the lender Solicitor panel. How can I be sure whether this is correct?

You need to contact your Polegate conveyancer. You lawyer should notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.

I am buying a semi-detached house in Polegate. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?

Leaving aside the complexities and merits of DIY conveyancing in Polegate you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Polegate.

I have recentlydiscovered that Wolstenholmes have closed. They carried out my conveyancing in Polegate for a purchase of a freehold house 18 months ago. How can I check that the property is registered correctly in the name of the previous owner?

The easiest method to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Polegate conveyancing specialists.

I decided to have a survey done on a property in Polegate ahead of appointing conveyancers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some banks tend refuse to issue a loan on such a property.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. If you call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Polegate. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Polegate to see if the conveyancing will be more expensive.

I am on look out for some leasehold conveyancing in Polegate. Before I get started I want to be sure as to the unexpired term of the lease.

If the lease is registered - and 99.9% are in Polegate - 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 1st floor flat in Polegate, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Polegate with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease comes to an end on 21st October 2074

With just 50 years remaining on your lease we estimate the price of your lease extension to span between £31,400 and £36,200 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 without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.

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