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Find a Wedmore Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Wedmore

Why would one appoint a Wedmore conveyancing solicitors firm given that web based alternatives are easier on the wallet?

To take your time to find get 2 or 3 like-for-like quotes for conveyancing costs in Wedmore and you should seek a competitive fee calculation but don’t be focused with hunting for the lowest priced Wedmore conveyancer. Finding the right conveyancer can be the distinction between a smooth and a stressful home move. It is important that you ensure that you have expert advice from a specialist conveyancer. An e-mail can never be as helpful as a telephone conversation and can never replicate a one to one appointment. Our partner firms will appoint you a qualified and top rated conveyancing solicitor who can handle your conveyancing from from the outset to completion, providing a level of continuity that you will never get with an online conveyancer. Our lawyers will contact you regularly to update you on headway making sure that you are regularly updated. Should you need to call the office you will be sure who to ask for and they will endeavour to make sure that you're not left wondering what's going on.

I happen to be the only recipient of my late grandmother’s will with all property in now in my sole name, including the my former home in Wedmore. The Wedmore property was put into my name in September. I want to move. I understand that there is a CML six month 'rule', which means that my property ownership will be considered the same way as though I had purchased the property in September. Will no one buy the property for half a year?

The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. many mortgage companies would take a sensible view as this obligation chiefly exists to capture subsales or the quick reselling of property.

How can we tell if a Wedmore conveyancing solicitor on the Bank of Ireland panel is any good?

When it comes to conveyancing in Wedmore obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor carrying out your transaction.

Completion of my purchase has taken place for my property in Wedmore. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?

Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.

I opted to have a survey carried out on a property in Wedmore ahead of retaining solicitors. I have been told that there is a flying freehold element to the property. The surveyor has said that some lenders tend refuse to give a loan on a flying freehold property.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wedmore. Conveyancing may be slightly more expensive based on your lender's requirements.

I am hoping to put an offer on a small detached house that appears to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently discovered that it's a leasehold rather than freehold. I would have thought that there are particular concerns buying a leasehold house in Wedmore. Conveyancing lawyers have not yet been instructed. Will my lawyers set out the risks of buying a leasehold house in Wedmore ?

The majority of houses in Wedmore are freehold and not leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can help the conveyancing process. We note that you are buying in Wedmore in which case you should be looking for a Wedmore conveyancing solicitor and check that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example obtaining the landlord’sconsent to conduct alterations. You may also be required to pay a contribution towards the upkeep of the estate where the property is part of an estate. Your conveyancer will appraise you on the various issues.

I own a 2 bed flat in Wedmore, conveyancing formalities finalised in 1997. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Wedmore with a long lease are worth £202,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease finishes on 21st October 2081

With only 56 years unexpired the likely cost is going to range between £29,500 and £34,000 plus professional fees.

The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered 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.

My work colleague mentioned that before selecting a conveyancing solicitors they must be approved by your mortgage company. This is my first home move but I have an offer in principle via Birmingham Midhshires and I already have a local conveyancing lawyer in Wedmore on standby. Can Santander need an approved lawyer to be used? If so, where do I find that list for my conveyancing in Wedmore?

You need to instruct a solicitor that is on the Santander panel. Simply telephone your preferred Wedmore conveyancing lawyer to check if they are on the Santander panel. If they are not approved you have a number of options available to you here:

  • Complete the purchase with your existing Wedmore conveyancing practitioner but Santander will need to appoint a conveyancing practitioner on their conveyancing panel. This will result in additional cost together with probable interruption.
  • Appoint a fresh conveyancer to act in the purchase, obviously checking they are on the Santander conveyancing panel.
  • Convince your conveyancer to do everything possible to get accepted on the Santander conveyancing panel.

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