Do the conveyancing lawyers highlighted via your ’find a lawyer’ tool conduct right to buy conveyancing in Warwick?

We work with numerous conveyancing conveyancers carrying out right to buy conveyancing matters You should get in touch with us with a view to obtain a costs calculation.

We note that you have a post code search directory identifying solicitors on the HSBC conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Warwick?

We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Warwick.

I am in the process of refinancing my flat in Warwick, does my lawyer need to be on the Lloyds Solicitor panel?

There is nothing to stop you using your solicitor, but Lloyds will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.

It has been 3 months since my purchase conveyancing in Warwick took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I work for a long established estate agency in Warwick where we have witnessed a few leasehold sales derailed due to leases having less than 80 years remaining. I have received inconsistent advice from local Warwick conveyancing solicitors. Please can you confirm whether the vendor of a flat can initiate the lease extension process for the purchaser on completion of the sale?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.

An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I am the registered owner of a ground floor flat in Warwick, conveyancing formalities finalised in 1999. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Warwick with over 90 years remaining are worth £222,000. The ground rent is £50 invoiced annually. The lease runs out on 21st October 2095

You have 70 years left to run we estimate the premium for your lease extension to range between £9,500 and £11,000 as well as legals.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use the figures in tribunal or court proceedings. 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 based on this information before getting professional advice.