lenderpanel

Find a Much Wenlock Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Much Wenlock

Why would one use a Much Wenlock conveyancing company given that internet based conveyancers are cheap by comparison?

By all means make sure that you get 2 or 3 like-for-like quotes for conveyancing costs in Much Wenlock and you should seek a reasonable estimate but don’t expend your energy looking for the cheapest Much Wenlock conveyancer. Appointing the right conveyancer can be the distinction between a seamless and a frustrating move. You need to ensure that you have expert advice from a specialist solicitor. An e-mail can never be as helpful as a telephone discussion and are no substitute for a one to one meeting. Our partner firms will appoint you a qualified and experienced conveyancing solicitor that will deal with your conveyancing from beginning to end, providing a level of continuity that you rarely receive from an internet conveyancer. He or She will keep you updated as to any developments and keep you informed. Should you need to call the office you will know who to ask for and we'll ensure you are in the know.

Our conveyancer has identified a a problem with the lease for the flat we are buying in Much Wenlock. The other side have offered title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor says that he must check that the mortgage company is happy with this solution. Are we the client or is the mortgage company ?

Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the bank are the client. These conveyancing instructions must be adhered to.

The deeds to our property can not be found. The conveyancers who handled the conveyancing in Much Wenlock 4 years ago are no longer around. What are my next steps?

You no longer need to have the physical deeds to evidence that you own the land or property, as the Land Registry hold details of all registered land or property electronically.

The estate agent has sent us the confirmation of our purchase of a new build flat in Much Wenlock. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Much Wenlock

    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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

What are your top tips when it comes to appointing a Much Wenlock conveyancing firm to deal with our lease extension?

When appointing a property lawyer for your lease extension (regardless if they are a Much Wenlock conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with two or three firms including non Much Wenlock conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be helpful:

    What are the charges for lease extension conveyancing? Can they put you in touch with clients in Much Wenlock who can give a testimonial?

Much Wenlock Conveyancing for Leasehold Flats - Sample of Queries Prior to buying

    Is the freehold reversion owned collectively by the tenants? Where a Much Wenlock lease has no more than eighty years it will impact the marketability of the apartment. Check with your lender that they are happy with the length of the lease. A short lease means that you will almost definitely have to extend the lease at some point and it is worth discovering what this will be. Remember, in most cases you will be be obliged to have owned the premises for a couple of years in order to be entitled to extend the lease. Best to be warned if window replacement or some other significant cost is pending to be shared between the leaseholders and could well materially impact the level of the service charges or necessitate a specific invoice.

Last updated

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