Me and my partner are purchasing a 1 bedroom flat in Wood Green with a mortgage. We like our Wood Green conveyancer, but the bank advise he's not on their "panel". We have to appoint one of the bank panel firms or keep our Wood Green lawyer and pay for one of their panel ones to represent them. We regard this is unjust; is there anything we can do?

Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Wood Green conveyancing solicitor to apply to be on the conveyancing panel.

I have 70 years unexpired on my lease and require a lease extension for my apartment in Wood Green. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions correct?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 3/10/2025 the requirements read as follows :

Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Wood Green?

There are many recorded licenced Conveyancers in Wood Green and Solicitor firms in Wood Green who provide Conveyancing services We would stress that the two are regulated professionals specialising in the legal work in transferring property. The two can handle associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

My lawyer has informed me that lack of planning permission insurance is needed on my purchase. What is the level of cover for Wood Green conveyancing?

The right level of lack of planning permission indemnity insurance should be dictated by who your lender. It would differ for example between Barclays and Skipton Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.

When it comes to lenders such as RBS, do Wood Green conveyancing practitioners face an annual charge to be on the conveyancing panel?

We are not aware of any bank fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.

About to purchase a new build apartment in Wood Green. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Wood Green

Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

I have had difficulty in trying to purchase the freehold in Wood Green. Can this matter be resolved via the Leasehold Valuation Tribunal?

You certainly can. We can put you in touch with a Wood Green conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Wood Green premises is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case was in relation to 1 flat. The unexpired lease term was 81.79 years.

Are there common problems that you come across in leases for Wood Green properties?

Leasehold conveyancing in Wood Green is not unique. All leases are individual and drafting errors can sometimes mean that certain sections are not included. For example, if your lease is missing any of the following, it could be defective:

Insurance obligations Service charge per centages that don't add up correctly leaving a shortfall

A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. National Westminster Bank, Skipton Building Society, and TSB all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to withdraw.