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Find a Shefford Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Shefford

Much to our surprise we have been advised by our estate agent that my Shefford solicitor is not on the mortgage company Solicitor panel. How can I be sure that this is correct?

The first thing you need to do is to call your Shefford conveyancer. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they may be able to suggest a Shefford conveyancing practice that is on the conveyancing panel for your bank.

All was ready to complete my purchase in Shefford next Tuesday. My conveyancing practitioner now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What risks does the bank expect the insurance to cover?

Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook conditions. These requirements are not limited to conveyancing in Shefford.

We are purchasing a 4 bedroom semi-detached house in Shefford. We would like to convert the garage to a playroom at the property.Will legal work on the property involve enquiries to ascertain if these alterations are prohibited?

Your solicitor should review the registered title as conveyancing in Shefford can on occasion reveal restrictions in the title deeds which restrict categories of changes or require the consent of a 3rd party. Many additions require local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.

Does a directory service exist listing Nottingham panel solicitors in Shefford on the Building Society Association’s Website?

No. There is no such tool on the CML or Building Society Association sites. Very few mortgage companies make their panel listings available over the internet. If you are in need of a Shefford conveyancer on the Nottingham please use our facility.

Completion of my remortgage has taken place for my property in Shefford. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?

Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.

I am looking for a leasehold apartment up to £235,500 and found one close by in Shefford I like with open areas and railway links in the vicinity, the downside is that it's only got 49 years on the lease. There is not much else in Shefford suitable, so just wondered if I would be making a mistake acquiring a short lease?

If you need a home loan that many years may be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.

I have just started marketing my ground floor apartment in Shefford. Conveyancing lawyers have not yet been instructed, however I have just had a yearly maintenance charge demand – should I leave it to the buyer to sort out?

Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as usual given that all ground rent and maintenance payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I acquired a ground floor flat in Shefford, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Shefford with an extended lease are worth £179,000. The average or mid-range amount of ground rent is £65 yearly. The lease comes to an end on 21st October 2081

With just 57 years unexpired we estimate the price of your lease extension to be between £26,600 and £30,800 plus legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.

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Neighbouring Locations

Biggleswade
Shefford
Arlesey
Henlow
Langford
Shillington

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