Find a Lender-Approved Local Conveyancer in Coningsby

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If you have reached us by Googling ‘Conveyancing in Coningsby’ follow your intuition — you will have a better house move where you instruct a conveyancing solicitor in Coningsby.

Reasons to use our Coningsby conveyancing solicitors

  • 1 Coningsby property lawyers have a significant advantage when it comes to Coningsby conveyancing as they have valuable local knowledge of local authority requirements, planning policies and other issues that can affect your conveyancing
  • 2 Personal touch together with a wealth of experience are key benefits that you should look for when selecting conveyancing solicitors. Coningsby conveyancing can become significantly more protracted because of poor communication between all the parties. The lawyers we work with ensure that communication channels are open and act on arising issues and developments quickly.
  • 3 Coningsby conveyancer are the key to a successful Coningsby conveyancing experience, keeping the process under control. They are on your side throughout, offering dedicated advice for the duration of your transaction
  • 4 Coningsby conveyancing lawyers will have connections at the local Land Registry Office, Local Authority and property agents
  • 5 Lawyer conveyancing firms have very good personal connections with Coningsby estate agents and work very closely with them and local surveyors so as to ensure transactions proceed expeditiously.

Examples of recent conveyancing in Coningsby since January 2025*

Recently asked questions about conveyancing in Coningsby

I am about to put an offer on a leasehold apartment in Coningsby. The selling agents tell me that it is the norm for flats in Coningsby to have less than 75 years remaining. I am getting a loan with Nationwide Building Society. Is this going to be acceptable if the lease has Seventy One years left.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 26/4/2025 the requirements read as follows :

- Our minimum unexpired lease term is 55 years, except where lending is over 85% of the purchase price/valuation on a second hand flat, in which case our minimum unexpired term is 90 years.
- There must be at least 30 years remaining at the end of the mortgage term (regardless of the length of lease at the start).

Where the unexpired lease term is different to that recorded on the mortgage offer, the following clarifies if we need to be informed:

Second hand property:
- If the unexpired lease term on the offer is 85 years or more - only advise us if the actual lease term is less than 85 years
- if the unexpired lease term on the offer is less than 85 years – advise us if the actual lease term is different than reported
- For equity share applications - advise us if the actual lease term is different than reported on the offer
- Where lending is over 85% of the purchase price/valuation on a second hand flat and the unexpired lease term on the offer is 90 years or more - only advise us if the actual lease term is less than 90 years.

New build property:
- If the unexpired lease term stated on the offer is 125 years (flat) / 250 years (house) or more - only advise us if the actual lease term is less than 125 years (flat) / 250 years (house)
- For equity share applications - always advise us if the actual lease term is different than reported on the offer

Lease terms such as ground rent and event fees must be reasonable at all times during the term of the lease and adhere to our requirements below. If you’re unsure as to whether the terms of a lease are unreasonable or onerous, please refer the details to us in plain English for Valuer consideration. If the potentially onerous terms are in relation to the ground rent please include the current ground rent figure per annum, how often it will be reviewed and the price structure it will be reviewed against. See the guidance below.

SECOND HAND PROPERTIES

Unacceptable - advise Issuing Office (Will be declined):
- Unexpired lease term less than 55 years
- Unexpired lease term less than 90 years where we are lending more than 85% of the purchase price/valuation on a second hand flat
- Less than 30 years remaining at the end of the mortgage term
- Ground Rent greater than 0.5% of the property value
- Ground Rent doubles less than every 20 years (e.g. doubles every 5, 10 or 15 years) - acceptable if doubles every 20 years or more
- Ground Rent is compounded RPI
- Ground Rent review period is less than or equal to 5 years

Refer to Issuing Office (Valuer will consider any impact on valuation figure and marketability):
- Unexpired lease term is 55 to 85 years
- Ground Rent greater than 0.1% and less than or equal to 0.5% of the property value
- Ground Rent escalation is linked to any indices greater than RPI
- Ground Rent escalation is linked to the value of the building*
- Ground Rent review period is greater than 5 and less than 10 years
- Event clauses exist for normal use e.g. changing the carpet, installing a TV aerial, etc
- Estate Rent Charges greater than £500 p/a (please provide details of what the charges cover)
- Service Charges greater than 1% of property value p/a (please provide details of what the charges cover)
- Anything that appears onerous, unusual or out of the ordinary

Acceptable (no requirement to advise Issuing Office):
- Unexpired lease term greater than 85 years (Minimum 90 years where we are lending more than 85% of the purchase price/valuation on a second hand flat)
- Ground Rent less than or equal to 0.1% of the property value
- Ground Rent review period greater than or equal to 10 years
- Ground Rent escalation less than or equal to RPI

NEW BUILD PROPERTIES (includes office conversions)

Unacceptable - advise Issuing Office (Will be declined)
- Unexpired lease term less than 125 years on a new build flat or less than 250 years on a new build house (does not apply to Shared Ownership)
- Any lease which is subject to a Ground Rent (or Annual Rent) being charged which is more than on a peppercorn basis
- Any lease which is subject to a Ground Rent (or Annual Rent) being charged which is more than on a peppercorn basis

Refer to Issuing Office (Valuer will consider any impact on valuation figure and marketability):
- Event clauses exist for normal use e.g. changing the carpet, installing a TV aerial etc
- Estate Rent Charges greater than £500 p/a (please provide details of what the charges cover)
- Service Charges greater than 1% of property value p/a (please provide details of what the charges cover)
- Anything else appears onerous, unusual or out of the ordinary

Acceptable (no requirement to advise Issuing Office):
- Unexpired lease term greater than or equal to 125 years on a new build flat or greater than or equal to 250 years on a new build house
- A lease subject to a peppercorn Ground Rent (Annual Rent) charges

For the avoidance of doubt, any New Build properties completed but not sold pre-30 June 2022 will only be acceptable if the Lease conforms to the above guidance.

* Where the Ground Rent escalation is linked to the value of the building, please provide the following:
- How is the value of the block/unit currently calculated and if the assessment relates to the block(s), how is the Ground Rent calculated/apportioned per property?
- The current valuation and Ground Rent for each unit
- What is the mechanism for future valuations of the block and how is the Ground Rent calculated/apportioned?
- What is the right of appeal? And is this a documented process within the lease?
- Who bears the cost of the valuation (and appeal) process?
- Confirmation the review period is not less than twenty years.

Lease Extensions

We require all Lease Extensions to be completed under the Leasehold Reform Housing and Urban Development Act 1993 and to meet the above criteria as a minimum. Where you become aware that it does not meet these requirements, please refer to Issuing Office.

Please ensure that all lender enquiries are submitted (with full documentation/requirements) at least 2 weeks prior to exchange to allow sufficient time for review and decisioning.

How does conveyancing in Coningsby differ for newly converted properties?

Most buyers of new build property in Coningsby contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is finished. This is because developers in Coningsby tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Coningsby or who has acted in the same development.

I am looking for a ground for flat up to £235,500 and found one round the corner in Coningsby I like with amenity areas and station nearby, however it's only got 51 remaining years left on the lease. There is not much else in Coningsby suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you need a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.

I have been advised by a few property agents in Coningsby to find a property lawyer on your site. Is there a financial upside for Estate Agents to recommend your lawyers ahead of a competitor’s?

We don’t give any commission for sending work our way. We thought it would be too underhand to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

I need to retain a conveyancing solicitor for remortgage conveyancing in Coningsby. I happened to stumble upon a site which appears to be the ideal answer If there is a chance to get all formalities done via phone that would be preferable. Should I be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

The lawyers undertaking our conveyancing in Coningsby has sent documents to review that indicate that the property is unregistered with epitome documents. How can it be that the property not currently recorded at HMLR?

Although the vast majorities of properties in Coningsby are now registered with HMLR there are still some that remain unregistered. Any property in Coningsby that has been remortgaged since the late 1980’s will have been registered at the Land Registry under the compulsory ‘first registration’ scheme. However, if a Coningsby property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Coningsby conveyancing solicitors will be capable of dealing with such matters but if any uncertainty prevails the prevailing proposition these days is for the seller to register it first and then sell - this undoubtedly result in a drawn-out transaction.

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What to expect from a Licensed Conveyancer for conveyancing in Coningsby?

Licensed Conveyancers assist with the transfer of the legal title of a property from one person to another and cover conveyancing nationwide as well as Coningsby. When using a Licensed Conveyancer regulated by the CLC, you can expect:
  • Receive an honest and lawful conveyancing.
  • Have a high standard of legal services.
  • Have your transaction dealt with using care, skill and legal competence.
  • Enjoy the benefit of a high quality of service due to your lawyer’s arrangements, resources, procedures, skills and commitment.
  • Be supplied with a service which is accessible and responsive to your specific requirements.
  • Not feel discriminated against, victimised or harassed.
  • To receive the level you could expect, however, if you do your lawyer accepts responsibility for this and provides you with any appropriate redress.
  • Have your specific needs taken into account should you make a complaint.
  • Enjoy the benefit of a speedy, impartial and comprehensive service where if a complaint is made about your conveyancing in Coningsby.

Domestic in Coningsby is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process.

  • Obtaining instructions from the appropriate parties
  • Investigating the title to the premises
  • Ordering Coningsby searches with respect to the property
  • Reviewing draft contract pack and other papers collated by the seller’s conveyancer
  • Submitting questions with the seller’s conveyancer
  • Negotiating the purchase agreement
  • Reviewing replies prepared by the seller to pre-contract enquiries
  • Agreeing the wording for a Transfer Deed for completion
  • Guiding the purchasing in respect of the loan offer: (where relevant)
  • Drafting and sending the purchaser a report on title (that is; reporting to the buyer on the contents of the contract pack, pre-contract enquiries and the result of the searches)
  • Proceeding to exchange of contracts and then completion formalities
  • Completing and submitting to HMRC the correct SDLT forms and payment
  • Dealing with the registration procedures for the purchase and the home loan (where appropriate) at the HM Land Registry.

Transfer of Equity conveyancing in Coningsby normally involves the following:

  • Taking instructions from parties involved
  • Collating the documents evidencing the title to the property
  • Acting on behalf of the mortgage company (where applicable)
  • Agreeing the terms of the transaction
  • Drafting Transfer or approving draft Transfer
  • Negotiating amendments to the the Transfer deed
  • Communicating with parties concerning the Transfer
  • Agreeing and preparing for completion
  • Receiving and transferring monies to relevant parties
  • Completing and submitting to HM Revenue and Customs the appropriate stamp duty forms and payment
  • Dealing with the registration formalities for the transfer of ownership and the mortgage (where appropriate) at the HM Land Registry.

Neighboring Locations

Woodhall Spa
Lincolnshire
Horncastle
Coningsby
Heckington
Boston

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.