lenderpanel

Find a Henfield Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Henfield

Can your site be used to recommend a Conveyancing solicitor in Henfield even if I’m not buying or disposing of a house, for example if I wish to buy a shop in Henfield with a loan from Birmingham Midshires?

Our comparison service is primarily utilised to help choose residential conveyancing solicitors in Henfield but we have recorded towards the bottom of this page a selection of Henfield commercial conveyancing firms. You should make contact with the firm directly to check if they are also authorised to represent Birmingham Midshires

What is your number one tip for finding a conveyancing solicitor in Henfield

We would encourage you not to base your choice on the cheapest Henfield conveyancing costs illustration. 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.

Have just purchased a probate house at auction in Henfield. Conveyancing is necessary. What is next?

Now that you have for in every practical sense signed on the dotted line you now have to choose a conveyancing lawyer soon as you are facing a tight deadline in which to complete the purchase. All auction property will ordinarily have an associated auction set of papers. This should include most,if not all of the documents that your conveyancer will need. In the case of leasehold premises the legal papers should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You should hand this to the solicitor instructed by you ASAP. Do make sure that that you have the requisite funding in place to complete on the on the contractual date .

It is not clear whether my lender requires a lease extension. I have telephoned my Henfield building society branch on various occasions and was told they are content with the situation and they would lend. My Henfield conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

As long as the conveyancing practitioner is on the lender panel, she or he must follow the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.

How does conveyancing in Henfield differ for new build properties?

Most buyers of new build or newly converted property in Henfield come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is completed. This is because developers in Henfield typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Henfield or who has acted in the same development.

I've recently bought a leasehold house in Henfield. Am I liable to pay service charges for periods before my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

I inherited a 1st floor flat in Henfield, conveyancing was carried out March 2011. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Henfield with over 90 years remaining are worth £171,000. The ground rent is £50 levied per year. The lease terminates on 21st October 2104

With only 79 years remaining on your lease the likely cost is going to span between £7,600 and £8,800 as well as legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.

My wife and I are looking at buying our first property in Henfield. Can you recommend a trustworthy Henfield conveyancer that would assist us as well as act for Yorkshire BS?

The purpose of this site is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Yorkshire BS in certain areas for example Henfield . Our intention is not to recommend any specific conveyancer.

Last updated

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