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Find a Wimborne Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Wimborne

My wife and I have recently appointed a conveyancing solicitor in Wimborne. I need to find out if they are on the Norwich and Peterborough Building Society approved list of lawyers. Can you assist?

The first thing you should do is phone your lawyer and ask them whether they are on the lender panel. Alternatively you should get in touch with Norwich and Peterborough Building Society who may be able to assist.

I have a renovated Victorian property in Wimborne. Conveyancing practitioner represented me and National Westminster Bank. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?

You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Wimborne and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing practitioner who completed the work.

I have been on the look out for a ground for flat up to £305k and found one near me in Wimborne I like with open areas and transport links nearby, however it's only got 52 remaining years left on the lease. There is not much else in Wimborne for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a home loan the remaining unexpired lease term will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.

Do I need to be wary about brokers that I am dealing with are suggesting a nationwide conveyancing firm rather than a local Wimborne conveyancing practice?

As is the case with lots of professional services, often referrals from connections can be extremely useful or valuable. Nevertheless there are many people with a keen interest in a conveyancing transaction; estate agents, mortgage brokers and banks may suggest conveyancers to select. On occasion the solicitors might be known to one of the organisations as one of the best in their field, but occasionally there is an underlying financial incentive behind the recommendation. You are free to choose your preferred lawyer. Don't forget that some mortgage providers specify a panel list of conveyancers you must use for the lender aspect of your conveyancing.

What if there is a problem with one of the searches for our conveyancing in Wimborne?

Ordinarily, the majority of issues that arise in Wimborne conveyancing search responses can be dealt with ahead of completion or title insurance can be taken. It is important to remember that although you intend on buying the property and may be willing to accept the search results, your lender may not, and ultimately they have the word say.

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