My wife and I have recently appointed a conveyancing solicitor in Broughton Astley. I I am struggling to find out whether they are accepted on the Birmingham Midshires conveyancing panel. Can you advise?
You should contact the conveyancer and ask them if they are on the lender panel. Otherwise please get in touch with Birmingham Midshires who may be able to confirm.
I happen to be the single beneficiary of my late father’s will and I have everything in my name alone, including the house in Broughton Astley. Conveyancing formalities meant that the Land Registry date was in July. I now wish to sell up. I do know about the CML 6 month 'rule', meaning my property ownership will be regarded the same way as though I had purchased the house in July. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be caught by that. Some lenders would take a sensible view as this provision is primarily there to capture the purchase and immediately sell or the flipping of property.
Does a directory service exist listing Leeds Building Society panel conveyancers in Broughton Astley on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. Very few lenders make their panel listings open the public over the internet. If you are in need of a Broughton Astley property lawyer on the Leeds Building Society please make the most of our tool.
I had an offer accepted on a house in Broughton Astley on 4/7/2025, valuation was booked 2 days after, all came back fine. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to UBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the UBS conveyancing panel. Are UBS entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am buying a new build flat in Broughton Astley. Conveyancing is a frightening process 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 is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Broughton Astley
-
There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. 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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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.
I am looking for a leasehold apartment up to £195,000 and found one near me in Broughton Astley I like with amenity areas and railway links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Broughton Astley suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I was advised by numerous property agents in Broughton Astley to locate a solicitor on your site. What’s the financial inducement for Estate Agents to market your services over and above a competitor’s?
We refuse to make any financial incentive for pointing buyers and sellers in our direction. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to instruct a conveyancing practitioner in Broughton Astley for my home move. Is there any facility to check a firm’s record with the profession’s regulator?
You may find documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could monitor telephone calls for training purposes.