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Find a Upton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Upton

Why would I use a Upton conveyancing firm when web based alternatives are so much cheaper?

By all means make sure that you get 2 or 3 like-for-like quotes for conveyancing costs in Upton and you should seek a competitive quote but don’t expend your energy searching for the cheapest Upton conveyancer. Identifying the right conveyancer can mark the distinction between a smooth and a frustrating home move. It is important that you ensure that you have expert guidance from an experienced conveyancer. Emails can't take the place of a phone discussion and are no substitute for a face to face consultation. The firms that we work with will allocate you a qualified and top rated conveyancing solicitor that will handle your conveyancing from beginning to end, providing a level of personalised service that you will never get with an internet conveyancer. Our lawyers will inform you on progress and keep you informed. If you ever need to call the firm you will know who you need to speak to and we'll ensure you are in the know.

My brother-in-law has suggested I instruct a conveyancing solicitor in Upton. I need to find out whether they are on the Santander approved list of lawyers. Can you or the lender confirm if they are on the panel?

You should call your lawyer and ask them if they are on the lender panel. Alternatively you can get in touch with Santander who may be able to assist.

What is the difference between a licensed conveyancer and conveyancing solicitor in Upton

There are two types of lawyers who can perform conveyancing in Upton namely CLC regulated conveyancers or solicitors. The two can handle the legal services that required to complete the disposal or acquisition of property. Both are duty bound to execute Upton conveyancing on similar standards and guidelines so you can be sure that your conveyancing will be properly conducted and that the requisite steps should be correctly taken.

I'm the only beneficiary of my late grandmother’s will and I have everything in my name alone, including the house in Upton. The Upton property was put into my name in October. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my property ownership will be considered the same way as if I'd bought the property in October. Do I have to wait half a year to sell?

The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How sensible a view lenders take of it, depend on the bank as this provision primarily exists to pick up on the purchase and immediately sell or the flipping of property.

Can I be sure that the Upton conveyancing solicitor on the Leeds Building Society panel is any good?

When it comes to conveyancing in Upton getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer conducting your conveyancing.

Due to the advice of my in-laws I had a survey completed on a property in Upton ahead of instructing conveyancers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks tend refuse to give a mortgage on this type of house.

It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you e-mail us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Upton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Upton to see if the conveyancing will be more expensive.

I am tempted by the attractive purchase price for a couple of apartments in Upton both have in the region of 50 years left on the lease term. Should I regard a short lease as a deal breaker?

There are no two ways about it. A leasehold flat in Upton is a deteriorating asset as a result of the shortening lease. The nearer the lease gets to zero years unexpired, the more it adversely affects the salability of the premises. For most purchasers and lenders, leases with less than eighty years become less and less marketable. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Upton conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I own a ground-floor 1960’s flat in Upton. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the amount payable for a lease extension?

Most certainly. We can put you in touch with a Upton conveyancing firm who can help.

An example of a Lease Extension case for a Upton flat is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case affected 13 flats. The unexpired lease term was 76 years.

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