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Find a Sea Mills Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Sea Mills

My god-son is purchasing a newly built flat in Sea Mills with a mortgage from Nottingham. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?

The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Nottingham conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Nottingham conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

I am thinking of remortgaging my property in Sea Mills, does my lawyer have to be on the Leeds Building Society Conveyancing panel?

There is nothing to stop you using your solicitor, but Leeds Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

What does commercial conveyancing in Sea Mills cover?

Sea Mills conveyancing for business premises covers a wide range of advice, supplied by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.

I need to instruct a conveyancing practitioner in Sea Mills for my sale. Can I see a firm’s record with the profession’s regulator?

One can search for documented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA could recorded call for training reasons.

I work for a long established estate agent office in Sea Mills where we have witnessed a few leasehold sales jeopardised due to short leases. I have been given conflicting advice from local Sea Mills conveyancing firms. Could you clarify whether the owner of a flat can commence the lease extension process for the buyer?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I am the registered owner of a 2 bed flat in Sea Mills, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Equivalent properties in Sea Mills with an extended lease are worth £195,000. The ground rent is £45 charged once a year. The lease expires on 21st October 2087

With only 63 years unexpired we estimate the price of your lease extension to be between £16,200 and £18,600 plus plus your own and the landlord's "reasonable" professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.

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