I can't travel far from Woodside. What is the rationale as to why all Woodside lawyers aren't automatically on all mortgage company panels?

Lenders point to the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The removal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its outcome included recommendations for lending institutions to review their conveyancing panels, which triggered a major policy change in the sector. It resulted in banks and building societies purging a number of firms off their books of approved lawyers .

I have given 2 months notice to my current landlord and must vacate my rented flat in Woodside by 5/2/2026. Conveyancing on my purchase is underway. How realistic is it to complete in a couple of weeks as don't want to have to move into short term accommodation?

Generally one should not give notice on a rental unless your lawyer suggests that you should. Assuming that you have not already done so, contact to your solicitor and request that they apply pressure on the sellers lawyers, try to get a realistic time scale from them that everyone will work towards

Over the last few months I have been searching for a flat up to £235,500 and found one near me in Woodside I like with open areas and station in the vicinity, however it's only got 49 years unexpired on the lease. I can't really find anything else in Woodside for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

Should you require a home loan the shortness of the lease will be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.

Am I best advised to use a Woodside conveyancing practitioner in close proximity to the house I am purchasing? I have an old university friend who can execute the conveyancing however his firm is located a couple of hundredkilometers drive away.

The benefit of a high street Woodside conveyancing practice is that you can visit the firm to sign paperwork, present your ID and pester them if necessary. Having local Woodside know how is a benefit. However it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and the majority were happy that must surpass using an unfamiliar Woodside conveyancing lawyer solely due to them being local.

Is there an average conveyancing fee for conveyancing in Woodside?

The average cost last year for conveyancing in Woodside was £1,419 excluding Stamp Duty and HMLR fees.