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Find a Southwell Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Southwell

We are a couple about to sign contracts for a property in Southwell. We encountered a stumbling block. The mortgage offer with Leeds Building Society runs out on 20/5/2024 but the vendors are insisting on a completion date of 22/5/2024. Is it possible to extend the mortgage offer?

The best person to deal with your concern is your lawyer who will hopefully assess if they corresponding with the mortgage broker, owner’s lawyers, property agents or possibly all parties given the history of your house move to date.

I am helping my step-mother sell her flat in Southwell. Will the conveyancer commission an energy assessment or it is for the owner to see to?

After the abolition of HIPs, EPC’s was left as a required element of moving property. An energy assessment should be commissioned before the property is placed on the market. It is not as aspect of the sale process that solicitors ordinarily arrange. If you are using a Southwell conveyancing solicitor they may be able to arrange EPC’s given their contacts with reputable Southwell providers

I am currently in the process of buying my council flat in Southwell. I have a mortgage agreed with Nationwide. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.

I can not fathom if my bank requires a lease extension. I have called into my local Southwell bank branch on a couple of occasions and was told it wasn't a problem and they would lend. My Southwell conveyancing solicitor - who is on the bank conveyancing panel- called to say that they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.

As long as the solicitor is on the lender panel, she or he must adhere to the Council of Mortgage Lenders’ Handbook conditions for the 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.

About to purchase a new build flat in Southwell. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Southwell

    Please confirm the Lease plans are architect prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.

Back In 2008, I bought a leasehold house in Southwell. Conveyancing and Accord Mortgages Ltd mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1992. The conveyancing solicitor in Southwell who previously acted has now retired. Do I pay?

The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Southwell conveyancing lawyer to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Leasehold Conveyancing in Southwell - A selection of Queries before buying

    Please note that where the lease has no more than eighty years it will have adverse implications on the value of the apartment. Check with your mortgage company that they are happy with residual term of the lease. A short lease means that you will almost definitely have to extend the lease at some point and it is worth finding out what this will be. For most Southwelllease extensions you would be be obliged to have been the owner of the residence for a couple of years in order to be entitled to exercise a lease extension. Are any of leasehold owners in dispute over their service charge payments?

Whilst your website is a good idea there are many lawyers listed near Southwell being on the bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the mortgage company approved panel?

We do not recommend specific Southwell firms as the right Southwell conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Southwell knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..

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