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Find a St Mellons Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in St Mellons

Do conveyancers ask for money on account for my conveyancing in St Mellons?

If you are buying a property in St Mellons your lawyer will ask you put them with funds to cover the the cost of the conveyancing searches. Ordinarily this is requested to cover the fees of the conveyancing searches. When the deposit is payable against the purchase price then this will be needed shortly prior to contracts are exchanged. Any further balance that is due should be sent to your lawyer shortly before completion.

Can you clarify what the consequences are if my lawyer’s firm is suspended from the Skipton Solicitor panel ahead of completing my conveyancing in St Mellons?

The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.

How does conveyancing in St Mellons differ for new build properties?

Most buyers of new build residence in St Mellons approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in St Mellons usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in St Mellons or who has acted in the same development.

I want to sublet my leasehold flat in St Mellons. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?

Notwithstanding that your previous St Mellons conveyancing lawyer is no longer around you can review your lease to check if it allows you to sublet the premises. The accepted inference is that if the lease is non-specific, subletting is allowed. There may be a precondition that you must seek permission from your landlord or some other party prior to subletting. This means you not allowed to sublet in the absence of first obtaining consent. The consent should not be unreasonably withheld. If your lease does not allow you to sublet you should ask your landlord for their consent.

I acquired a studio flat in St Mellons, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in St Mellons with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease comes to an end on 21st October 2085

You have 64 years left to run we estimate the premium for your lease extension to range between £15,200 and £17,600 as well as professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.

I have been recommended a conveyancing solicitor in St Mellons. I need to find out if they are listed on the bank's approved list of lawyers. Can you advise?

One option is to call your lawyer and ask them if they are on the lender's panel. If that does not help get in touch with us and we can make some checks for you. Should the firm not be on the bank panel we we can help find a reputable conveyancing solicitor in St Mellons on the panel for your lender.

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