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Find a Tickton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Tickton

Unfortunately I am unable to travel far from Tickton. Can you please spell out why all Tickton conveyancers are not on all lender panels?

Even though it may seem unfair for lenders to limit who can represent them, from the public’s or lawyer’s standpoint, the flip side is that lending institutions are increasingly anxious and regard it essential to protect them against illegal activities. As a result of this concern banks have consolidated their panel of approved conveyancing lawyers to a manageable size.

Can the conveyancing lawyers via your comparison service handle attended exchange conveyancing in Tickton?

There are a few conveyancing experts carrying out attended exchanges. Please contact us to obtain a conveyancing quote and details as to availability.

How does conveyancing in Tickton differ for new build properties?

Most buyers of new build or newly converted property in Tickton contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is built. This is because developers in Tickton typically buy the land, 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 Tickton or who has acted in the same development.

I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Tickton is the location of the property. Can you offer any advice?

Flying freeholds in Tickton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Tickton you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tickton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Can you provide any top tips for leasehold conveyancing in Tickton from the point of view of speeding up the sale process?

  • A significant proportion of the frustration in leasehold conveyancing in Tickton can be reduced if you instruct lawyers as soon as your agents start advertising the property and request that they start to collate the leasehold information needed by the buyers’ lawyers.
  • Some Tickton leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, it would be prudent to notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers. You believe that you know the number of years left on your lease but you should verify this via your solicitors. A buyer’s conveyancer will be unlikely to recommend their client to where the lease term is below 75 years. In the circumstances it is important at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. If you have carried out any alterations to the property would they have required Landlord’s approval? Have you, for example installed wooden flooring? Most leases in Tickton state that internal structural alterations or addition of wooden flooring necessitate a licence from the Landlord approving such changes. If you fail to have the consents in place you should not contact the landlord without contacting your lawyer in advance. If you hold a share in a the Management Company, you should make sure that you are holding the original share certificate. Obtaining a duplicate share certificate is often a time consuming process and delays many a Tickton conveyancing deal. If a new share certificate is necessary, do contact the company officers or managing agents (where applicable) for this at the earliest opportunity.

I purchased a 1 bedroom flat in Tickton, conveyancing was carried out 3 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Tickton with over 90 years remaining are worth £176,000. The ground rent is £50 levied per year. The lease runs out on 21st October 2074

You have 50 years unexpired we estimate the premium for your lease extension to range between £31,400 and £36,200 as well as legals.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.

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