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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

As someone clueless as to the St Mellons conveyancing process what is your top tip you can impart concerning the house moving process in St Mellons

Not many law firms shout this from the rooftops but conveyancing in St Mellons or throughout England and Wales is an adversarial experience. In other words, when it comes to conveyancing there is plenty of room for confrontation between you and others involved in the ownership transfer. For instance, the seller, estate agent and even potentially your lender. Appointing a law firm for your conveyancing in St Mellons an important selection as your conveyancer is your adviser, and is the SOLE party in the transaction whose role it is to protect your best interests and to protect you.

On occasion a potential adversary will attempt to persuade you that it is in your interests to do things their way. As an example, the selling agent may claim to be helping by suggesting your conveyancer is wrong. Or your mortgage broker may try to convince you to do take action that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

I have 7378 less than 75 years unexpired on my lease and require a lease extension for my apartment in St Mellons. Conveyancing solicitors on the Platform panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 4/8/2021 the requirements read as follows :

Minimum 85 years unexpired from completion, except where the mortgage application is pursuant to Platform's participation in the Government's Help to Buy Shared Equity scheme, in which case (a) the unexpired lease term must not be less than 250 years for new-build houses and not less than 125 years for new-build flats and (b) ground rent must be reasonable at all times and any escalation must be linked to RPI (Retail Price Index) or a similar index.

The deeds to our house can not be found. The solicitors who dealt with the conveyancing in St Mellons 5 years ago no longer exist. Will I be able to sell the house?

These day there are duplicates made of almost everything, and your conveyancer will be aware exactly where to look for all the relevant paperwork so you can purchase or sell your house without any difficulty. If copies can’t be located, your conveyancer may be able to arrange cover in the form of insurance or indemnities against future claims on your premises.

I have been on the look out for a flat up to £245,000 and identified one near me in St Mellons I like with amenity areas and station nearby, the downside is that it only has 52 years unexpired on the lease. I can't really find anything else in St Mellons for this price, so just wondered if I would be making a mistake buying a short lease?

If you need a mortgage the shortness of the lease will likely be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.

I'm converting the mortgage on my existing home to a buy to let loan with Lloyds TSB Bank and intend to use the remaining equity as a down payment on another house. The area we are talking about is St Mellons. Will your conveyancers be able to act for the two mortgage companies and link together the conveyances?

Make use of our comparison tool on this page to ensure that the conveyancers are on the relevant lender panels. Having checked that they are your conveyancer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and communicate your expectations and requirements.

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