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Find a Low Moor Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Low Moor

Have just purchased a repossessed house at auction in Low Moor. Conveyancing is required. What is next?

Now that you have to in every practical sense signed on the dotted line you must retain a conveyancing practitioner quickly as you now have a tight deadline in which to complete the conveyancing. Every auction property will have an associated auction set of papers. This will likely include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the auction papers should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You must pass this on to the conveyancer working for you ASAP. You also need to ensure that you have funds organised to complete on the date specified in the contract.

I am the only beneficiary of my late mum's will and I have everything in my name now, including the house in Low Moor. Conveyancing formalities meant that the Land Registry date was in June. I plan to dispose of the property. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship will be treated the same way as if I'd bought the property in June. Do I have to wait 6 months to sell?

The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How practical a view banks take of it, depend on the lender as this requirement is principally there to pick up on subsales or the wholesaling and assigning of properties.

At last I have had an offer on a maisonette in Low Moor accepted, but there is a chain. The vendors have placed an offer on somewhere, but it’s not yet agreed to, and have viewings of other apartments in the pipeline. I have chosen a local conveyancing solicitor in Low Moor. What should be my next step? When do I get the mortgage application with TSB going?

It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is in the region of one thousand pounds, then valuation, Low Moor conveyancing search costs, etc). The first course of action is to ensure that your conveyancing practitioner is on the TSB conveyancing panel. Regarding the next steps this very much dictated by the specifics of your case, attraction to the property and on the state of the market. In a hot market the majority of purchasers will apply for the mortgage with TSB and arrange for the valuation and only if it was satisfactory would they ask their conveyancer to press on with the conveyancing in Low Moor.

I am buying a house and the solicitor has raised the issue of Chancel Repair for which the property may be liable given it’s proximity to the area of such a church. He has suggested insurance. Is this really appropriate for conveyancing in Low Moor

Unless a previous acquisition of the premises took place post 12 October 2013 you may expect lawyers conducting conveyancing in Low Moor to remain recommending a chancel search and or chancel repair liability policy.

I am looking for a ground for flat up to £305k and identified one near me in Low Moor I like with open areas and station in the vicinity, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Low Moor for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you require a mortgage the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.

In scouring the internet for the term conveyancing in Low Moor it brings up many property lawyerslocally. How do I determine which is the suitable solicitor for me?

The best method of seeking a suitable conveyancer is through a trusted testimonial, so ask friends and those you trust who have purchased a property in Low Moor or a respected estate agent or financial adviser. Costs for conveyancing in Low Moor differ, so it's advisable to obtain at least four fee estimates from different law firms. Dont forget to clarify what costs in the quote includes.

What are your top tips when it comes to choosing a Low Moor conveyancing practice to deal with our lease extension?

If you are instructing a conveyancer for your lease extension (regardless if they are a Low Moor conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with several firms including non Low Moor conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be useful:

    Can they put you in touch with clients in Low Moor who can give a testimonial?

I inherited a basement flat in Low Moor, conveyancing was carried out in 2007. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Low Moor with a long lease are worth £222,000. The ground rent is £50 per annum. The lease finishes on 21st October 2095

With 70 years unexpired the likely cost is going to range between £9,500 and £11,000 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other 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.

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