lenderpanel

Find a Tetbury Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Tetbury

We are acquiring a brand new flat in Tetbury and my solicitor is telling me that she has to the bank to disclose incentives from the developer. I am on a tight deadline to sign contracts and I have no desire to prolong the conveyancing. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I am buying a new build flat in Tetbury. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Tetbury

    The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one near me in Tetbury I like with amenity areas and station nearby, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Tetbury suitable, so just wondered if I would be making a grave error purchasing a short lease?

If you need a home loan that many years will be an issue. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.

As co-executor for the estate of my father I am disposing of a residence in Swansea but I am based in Tetbury. My solicitor (who is 260 kilometers awayneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in Tetbury who can attest this legal document for me?

Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are Tetbury based

I am just shy of a 10% deposit on my house purchase in Tetbury , but I am keen exchange. What can I do?

You can accept a smaller deposit. Most sellers will agree to a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second

Last updated

Neighbouring Locations

Nailsworth
Stroud
Stonehouse
Tetbury
Badminton
Sherston
Malmesbury

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