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Find a Wolverhampton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Wolverhampton

Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Wolverhampton. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 7/12/2018, the requirements read as follows :

What is your number one tip for choosing a conveyancing solicitor in Wolverhampton

Do not opt for the cheapest Wolverhampton conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.

Please help - my lawyer says that absentee landlord insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Wolverhampton?

The right level of absentee landlord indemnity insurance depends on who your lender is. It would differ for example between Barclays and The Mortgage Works. Conveyancing solicitors as opposed to borrowers take out such insurances.

I am purchasing a property in Wolverhampton. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?

As you are obtaining a mortgage with Virgin Money your lawyer must check the formal requirements contained in Part 2 of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook includes minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Virgin Money where a lease fails to meet these provisions. The requirements relate to the installation of panels on properties countrywide and is not isolated to Wolverhampton.

What can a local search tell me about the house we're buying in Wolverhampton?

Wolverhampton conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search company such as Xpress Legal The local search plays an important part in most Wolverhampton conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.

Are there restrictive covenants that are commonly identified during conveyancing in Wolverhampton?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Wolverhampton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I have just started marketing my basement apartment in Wolverhampton. Conveyancing solicitors are to be appointed soon, however I have recently received a half-yearly maintenance charge invoice – should I leave it to the buyer to sort out?

The sensible thing to do is pay the service charge as usual because all rents and maintenance charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I inherited a 2 bed flat in Wolverhampton, conveyancing having been completed 7 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Wolverhampton with a long lease are worth £206,000. The ground rent is £45 invoiced annually. The lease ends on 21st October 2085

With only 67 years left to run the likely cost is going to range between £10,500 and £12,000 plus professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.

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