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Recently asked questions about conveyancing in Mudeford

We are due to exchange on the purchase of a house in Mudeford but as a result of damage from some water damage at the property I have managed to agree reparation from the seller in the sum of £2k taking the form of a reduction in the price. This was going to be addressed as part of the conveyancing process but Kent Reliance will not permit this. Should they have been informed?

The conveyancer being on a Kent Reliance approved list is duty bound to advise Kent Reliance of any changes to the purchase price. If you were to refuse your property lawyer to notify the reduction to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new conveyancer for your conveyancing in Mudeford.

I used Wolstenholmes a few years past for my conveyancing in Mudeford. I now require my file but cannot find the solicitor. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Mudeford of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

About to purchase a new build apartment in Mudeford. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Mudeford

    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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

I decided to have a survey completed on a house in Mudeford in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies tend refuse to give a loan on this type of house.

It depends who your proposed lender is. Bank of Scotland has different instructions from Birmingham Midshires. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Mudeford. Conveyancing may be slightly more expensive based on your lender's requirements.

I am on look out for some leasehold conveyancing in Mudeford. Before I get started I require certainty as to the remaining lease term.

Assuming the lease is recorded at the land registry - and most are in Mudeford - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I purchased a 1st floor flat in Mudeford, conveyancing was carried out 8 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Mudeford with an extended lease are worth £265,000. The ground rent is £50 invoiced annually. The lease runs out on 21st October 2101

With only 76 years remaining on your lease the likely cost is going to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.

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 comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.

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