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Find a Swadlincote Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Swadlincote

I am need of leasehold conveyancing for a flat in a relatively new development (seven years old) in Swadlincote. Almost all the appartments have already been occupied. Do I need carry out the neighbourhood searches as part of conveyancing in Swadlincote?

Where you are obtaining a loan, your bank will insist on some (many) of the searches so you'll have no choice. If not, then Swadlincote conveyancing searches are optional. No doubt your conveyancer, will ’encourage’, perhaps strongly, that you should have the searches done, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you insist that your lawyer to proceed without searches then your lawyer will have to follow your instructions or it may be necessary to find a new lawyer for your conveyancing in Swadlincote.

I purchased a terraced Victorian house in Swadlincote. Conveyancing practitioner acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold with the exact same property. Is it worth asking Yorkshire Building Society to clarify?

You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Swadlincote and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing solicitor who conducted the conveyancing.

Am I best advised to go with a Swadlincote conveyancing solicitor who is local to the property I am purchasing? An old friend can execute the conveyancing but her office is 200miles away.

The benefit of a local Swadlincote conveyancing firm is that you can attend the office to sign documents, hand in your ID and apply pressure on them if necessary. Having local Swadlincote know how is a benefit. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and on the whole were content that must trump using an unknown Swadlincote conveyancing solicitor solely due to them being Swadlincote based.

Last October I purchased a leasehold flat in Swadlincote. Do I have any liability for service charges relating to a period prior to my ownership?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I acquired a 1 bedroom flat in Swadlincote, conveyancing was carried out July 1998. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Swadlincote with a long lease are worth £207,000. The average or mid-range amount of ground rent is £60 per annum. The lease expires on 21st October 2081

You have 57 years remaining on your lease the likely cost is going to span between £28,500 and £33,000 as well as costs.

The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.

My brother-in-law has suggested I instruct a conveyancing solicitor in Swadlincote. I I would like to check if they are listed on the lender's approved list of lawyers. Could you help?

One option is to call your lawyer to enquire if they are on the bank's panel. If that does not help get in touch with us and we can make some checks for you. If they are not on the conveyancing panel we we can help find a specialist conveyancing solicitor in Swadlincote on the approved list for your mortgage company.

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