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Find a Wednesfield Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Wednesfield

Can the conveyancing solicitors that you recommend carry out auction conveyancing in Wednesfield?

We know of a number of niche lawyers we can put you in touch with those specialising in auction conveyancing. Wednesfield is just one of the many locations where our lawyers cover.

We see that you have a search directory listing law firms on the HSBC conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Wednesfield?

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 Wednesfield.

I have been on the look out for a flat up to £245,000 and identified one near me in Wednesfield I like with open areas and transport links in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Wednesfield in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a mortgage that many years will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.

I am selling my property. My former conveyancers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Wednesfield if that affects matters.

Please use our search tool to help you choose a solicitor for your conveyancing in Wednesfield. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.

I've recently bought a leasehold property in Wednesfield. Am I liable to pay service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element 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 2 bed flat in Wednesfield, conveyancing having been completed in 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Wednesfield with over 90 years remaining are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease ends on 21st October 2087

With 62 years unexpired the likely cost is going to range between £17,100 and £19,800 plus costs.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use this information 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 move forward placing reliance on this information without first seeking the advice of a professional.

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