Find a Saltney Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Saltney

Having been suggested to visit your service we were going to appoint conveyancing solicitor in Saltney endorsed on your site but stumbled across some other fee calculations via the web seem less expensive – why is this?

There are lots of conveyancing companies offering at first sight what seems to be extremely cheap conveyancing in Saltney. We would urge you to think twice about how much you respect your own move to want to take 'cheap' risks in relation to the standard of the conveyancing. Many of them list a budget quote as a headline but conceal supplemental costs in the fine print..

I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would prefer to instruct a specialised conveyancing solicitor in Saltney?

You should check but the the likelihood is that allocate you one of their panel solicitors if you want the "fee-free" incentive. Call the lender and see if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Saltney.

I just bought a flat at auction in Saltney. Conveyancing is necessary. What is next?

Having exchanged you will need to hire the services of a conveyancing practitioner as a matter of priority as you now have a fast approaching a fixed date to complete the purchase. All auction property will have an associated legal set of papers. This will include evidence of title and search results. Where you are dealing with leasehold property the conveyancing pack should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You must give this to the solicitor working for you as soon as possible. Do make sure that you have funds organised to complete the transaction on the set completion date.

We previously selected conveyancers locally in Saltney on the Virgin Money solicitor panel. They are now charging me a separate charge for the legal aspects of the Virgin Money mortgage. Is this an additional conveyancing fee set by Virgin Money?

Provided it is contained in their Terms of Engagement or Quote then yes your conveyancer can charge a fee for this. This charge is not dictated by Virgin Money but by your Saltney conveyancing practitioner. Some firms on the Virgin Money panel will charge ’dealing with mortgage’ fee and others do not.

It is unclear whether my bank requires a lease extension. I have called my Saltney building society branch on a couple of occasions and was informed it wasn't a problem and they will lend. My Saltney conveyancing solicitor - who is on the lender conveyancing panel- called and was told they will not lend in accordance with their published requirements. Who do I believe?

Your conveyancing practitioner must follow the Council of Mortgage Lenders’ Handbook Part 2 conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am looking for a flat up to £235,500 and identified one near me in Saltney I like with a park and station nearby, the downside is that it's only got 51 years on the lease. There is not much else in Saltney for this price, so just wondered if I would be making a mistake buying a short lease?

Should you require a mortgage the shortness of the lease will likely be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.

We are in the process of selling our flat in Saltney. Conveyancing lawyers are doing their job but we have been asked to pay an extortionate amount from the managing agents. So far we have issued a cheque for £275 for a leasehold management pack and then another £200 plus VAT for additional questions raised by the buyers lawyer.

You will not have any say over the level of the charges for this information however the average costs for the information for Saltney leasehold property is £360. For Saltney conveyancing transactions it is standard for the vendor to pay for these costs. The freeholder or their agents are not duty bound to answer these questions most will agree to do so - albeit often at high prices disproportionate to the work involved. Unfortunately there is no legislation that requires fixed charges for administrative tasks. There is no set time frame by which they are required to issue answers.

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