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Find a Wakefield Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Wakefield

What is the ideal method for identifying a commercial conveyancing in Wakefield?

First ask your friends and family whom they would instruct.

Second, search the internet for conveyancing in Wakefield. Call a couple or more firms from the list and ask them to forward you their conveyancing estimate and discuss your needs with the solicitor who will handle your legal process ahead ofcommitting.

Option 3 is to use our search tool to help you find the right lawyers taking into account your individual factors including location,deadlines, complications and who the proposed mortgage company is. Resist the temptation to opt for low cost conveyancing in Wakefield

Would the conveyancing lawyers that you recommend execute auction conveyancing in Wakefield?

There are a few niche lawyers we can connect you with those conducting auction conveyancing. Wakefield is just one of the many locations where our lawyers are based.

I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Wakefield. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 16/4/2019, the requirements read as follows :

This question may be naive but I am wet behind the ears as a first time purchaser of a two bedroom flat in Wakefield. Do I receive the keys to the premises on the completion date from my solicitor? If so, I will instruct a High Street conveyancing solicitor in Wakefield?

There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the completion advance to the vendor’s lawyers, and shortly after the monies have arrived, you should be able to pick up the keys from the property Agents and start moving into the property. Usually this happens between 1 and 3pm.

I am buying a property in Wakefield. A rare aspect is that the roof has a solar panel. Lloyds have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As you are obtaining a mortgage with Lloyds your lawyer must check the conveyancing requirements set out in Part 2 of UK Finance Lenders’ Handbook for Lloyds. The Council of Mortgage Lenders’ Handbook sets out minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Lloyds where a lease fails to meet these conditions. The provisions relate to the installation of panels on properties nationwide and is not isolated to Wakefield.

My fiancee and I are in the throws of viewing houses in Wakefield and I am now considering a potential offer. Should I already have a conveyancing practitioner appointed at this stage? I intend to finance via a mortgage with HSBC.

It would be sensible to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are obtaining a mortgage with HSBC, make sure you remember to check that your lawyer is on the HSBC conveyancing panel.

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

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure 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 own a 1 bedroom flat in Wakefield, conveyancing was carried out 4 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Wakefield with an extended lease are worth £180,000. The ground rent is £65 invoiced annually. The lease expires on 21st October 2078

You have 59 years remaining on your lease we estimate the price of your lease extension to span between £20,900 and £24,200 plus legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.

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