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Find a Somersham Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Somersham

Just contacted my conveyancing lawyer in Somersham who conducted the legals two years ago asking for a conveyancing estimate based on the same type of house move (a leasehold property and a freehold property) of similar values with a home loan from Barnsley Building Society. I am now being charged double. Stick with what I know or should I seek out an alternative conveyancer?

The estimate does seem a little on the high side. If you are willing to invest time comparing charges you could shave off some of the expense by perhaps £100 plus VAT. On the other hand, if you were satisfied with the conveyancing the firm provided you mightlive to regret choosing an an unknown solicitor. Remember to be sure the solicitor can act for Barnsley Building Society. Do make use of our search tool to get a quote a Somersham conveyancing firm on the Barnsley Building Society approved list of lawyers, which can often include conveyancing solicitors in Somersham.

Can I use your services to locate a Conveyancing solicitor in Somersham even if I’m not buying or selling a house, for example where I wish to acquire an office in Somersham with a mortgage from Virgin Money?

Our comparison service is predominantly utilised to find domestic conveyancing solicitors in Somersham but we have recorded towards the bottom of this page some Somersham commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they can also act for Virgin Money

I am considering applying for a Nationwide mortgage for purchase of a newly converted (under development) in Somersham with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Nationwide ?

There is nothing to stop you using your solicitor, but Nationwide will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.

I am buying a new build house in Somersham benefiting from help to buy. The developers would not reduce the price so I negotiated £7000 of additionals instead. The property agent suggested that I not reveal to my lawyer about this extras as it would put at risk my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I today plan to offer on a house that appears to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently found out that the title is leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Somersham. Conveyancing advisers have are soon to be appointed. Will they explain the issues?

The majority of houses in Somersham are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are purchasing in Somersham in which case you should be looking for a Somersham conveyancing solicitor and be sure that they are used to transacting on leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the freeholder’spermission to conduct alterations. It may be necessary to pay a service charge towards the maintenance of the estate where the house is part of an estate. Your lawyer will report to you on the legal implications.

Leasehold Conveyancing in Somersham - A selection of Queries before buying

    Most Somersham leasehold properties will be liable to pay a service charge for the upkeep of the block levied by the landlord. Where you buy the apartment you will have to pay this amount, usually periodically during the year. This may be anything from several hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. In all likelihood there will be a ground rent to be met annual, ordinarily this is not a significant figure, say approximately £25-£75 but you should to check as sometimes it can be many hundreds of pounds. Is anyone aware of any major works anticipated that will likely add a premium to the maintenance charges?

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