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Find a Yelverton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Yelverton

My brother-in-law has suggested I instruct a conveyancing solicitor in Yelverton. I I am struggling to find out if they are accepted on the Britannia conveyancing panel. Can you assist?

The first thing you should do is e-mail the solicitor and enquire if they can act for the lender. Alternatively you should get in touch with Britannia who may be able to confirm.

We are purchasing a house and the solicitor has referenced Chancel Repair for which the property may be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this strictly appropriate for conveyancing in Yelverton

Unless a prior acquisition of the property took place post 12 October 2013 you may take it that solicitors handling conveyancing in Yelverton to continue to recommend a chancel search and or chancel repair liability insurance.

Over the last few months I have been searching for a flat up to £195,000 and identified one close by in Yelverton I like with amenity areas and transport links in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Yelverton in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.

I only have Sixty One years left on my lease in Yelverton. I need to get lease extension but my freeholder is absent. What are my options?

On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to locate the lessor. In some cases a specialist would be useful to carry out a search and prepare a report to be accepted by the court as proof that the freeholder is indeed missing. It is wise to seek advice from a solicitor in relation to devolving into the landlord’s disappearance and the application to the County Court overseeing Yelverton.

I bought a 2 bed flat in Yelverton, conveyancing was carried out in 2001. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Yelverton with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 yearly. The lease expires on 21st October 2088

With 64 years unexpired we estimate the premium for your lease extension to be between £15,200 and £17,600 as well as legals.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account 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 seeking the advice of a professional.

I see that you have a search directory listing solicitors on the bank conveyancing panel. Do Yelverton conveyancing companies pay you a referral fee if I appoint them for my conveyancing?

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

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