Am I correct in assuming that the fact that my conveyancer in Costessey is not identified on my bank's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?

That is most likely an incorrect assumption to make. There are plenty of plausible explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Costessey conveyancing practice and ask them why they are no longer on the approved list for your bank.

I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Costessey. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 30/1/2026, the requirements read as follows :

Will commercial conveyancing searches reveal proposed roadworks that could impact a commercial property in Costessey?

Many commercial conveyancing solicitors in Costessey will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Costessey. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Costessey.

For every commercial conveyancing transaction in Costessey it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could cause delays to Costessey commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Costessey.

Over the last few months I have been searching for a flat up to £235,500 and found one round the corner in Costessey I like with open areas and transport links in the vicinity, however it's only got 52 years on the lease. There is not much else in Costessey for this price, so just wondered if I would be making a grave error purchasing a short lease?

Should you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.

In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Costessey and how can your lawyers assist?

The particular law that you refer to gives a safeguard to commercial tenants, giving them the a statutory right to apply to court for a renewal lease and continue in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Costessey