Find a Lender-Approved Local Conveyancer in Countesthorpe

Ready to buy a new home? Find a law firm approved by your lender.

You can try and find the cheapest conveyancing solicitors in Countesthorpe but be careful as you may get what you pay for.

Top reasons to use our service to assist you find a local conveyancing solicitor in Countesthorpe

  • 1 There is a distinct possibility the the lawyers for the other party are located in Countesthorpe - if so both parties will be familiar
  • 2 Conveyancer conveyancing solicitors have excellent personal links with Countesthorpe selling agents and work very closely with them and local surveyors so as to ensure transactions proceed expeditiously.
  • 3 Excellent communication together with a wealth of expertise are key benefits that you should value when choosing conveyancing solicitors. Countesthorpe conveyancing can become a lot more complicated as a result of poor communication between all the parties. The lawyers listed ensure that the lines of communication are open and act on arising issues and developments quickly.
  • 4 Firms that specialise in conveyancing in Countesthorpe regularly deal withlocal concerns peculiar to Countesthorpe and therefore you may benefit from better advice and faster conveyancing.
  • 5 Countesthorpe solicitors have a crucial advantage when it comes to Countesthorpe conveyancing as they have valuable local knowledge of local authority requirements, planning policies and other matters that will impact your home move

Examples of recent conveyancing in Countesthorpe since October 2022*

Recently asked questions about conveyancing in Countesthorpe

I chose a high street solicitor for our conveyancing in Countesthorpe yesterday. Looking through the official terms of business I noteI am on the hook for fees even where the transaction does not complete. Should I ditch them and use an on-line firm promoting no move no charge conveyancing in Countesthorpe?

Generally there is a concession along the lines that if "No Completion No Fee" is available then the fee levels will generally be more expensive to cover the cases that abort. Also remember that these promotions rarely protect you from expenditure such your Countesthorpe conveyancing search costs.

About to place an offer on a leasehold flat in Countesthorpe. The estate agents say that it is the norm for flats in Countesthorpe to have less than 75 years unexpired on the lease. I am getting a loan with Nationwide Building Society. Is this going to be acceptable if the lease has 69 years left.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing 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 20/1/2023 the requirements read as follows :

- Our minimum unexpired lease term is 55 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

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
- 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 0.5% 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
- 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 0.5% 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.

We have agreed to purchase a house in Countesthorpe. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Principality be concerned?

As you are obtaining a mortgage with Principality your lawyer must follow the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Principality. The CML Handbook contains minimum provisions for solar panel roof-space leases, and solicitors are required to report to Principality where a lease does not meet these specifications. The conditions relate to the installation of panels on properties nationwide and is not isolated to Countesthorpe.

I can not work out if my lender requires a lease extension. I have telephoned my Countesthorpe bank branch on various occasions and was told it wasn't a problem and they will lend. My Countesthorpe conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they will not lend in accordance with their published requirements. I have no idea who is right.

The conveyancing practitioner must follow the Council of Mortgage Lenders’ Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I recently had an offer accepted on an apartment in Countesthorpe. My financial adviser pressured me to appoint their lawyer. I paid an advanced payment of £175. A couple of days later, the conveyancer contacted me embarrassingly acknowledging that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I am buying a new build apartment in Countesthorpe. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Countesthorpe

    The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared.

I have been on the look out for a leasehold apartment up to £245,000 and found one near me in Countesthorpe I like with amenity areas and station in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Countesthorpe in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?

Should you require a home loan that many years will be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

My business partner and I are hoping to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering no-move-no charges for commercial conveyancing in Countesthorpe for less than 1500k?

We can recommend firms who have specialist knowledge of commercial conveyancing in Countesthorpe, including the disposal and purchase of businesses as well as simply property. Whether you are hoping to buy or sell a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right firm. As for the fees these will vary based on the structure and terms of the deal. Let us have your contact information or telephone so as to enable us to furnish you with a fixed commercial conveyancing calculation.

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Sample of conveyancing solicitors in Countesthorpe regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Countesthorpe but also conveyancing throughout England and Wales.

  • Dixon Coles & Goddard, 33 Lutterworth Road, Blaby, Leicester, Leicestershire, LE8 4DW
  • Kelly & Co Solicitors, 81 St. Johns, Enderby, Leicester, Leicestershire, LE19 2BS
  • Beverley Merrell Limited, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA
  • Julie White Limited, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA
  • Bhw Commercial Solicitors, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA

Residential Landlord and Tenant Conveyancing solicitors in Countesthorpe

The firms listed below are a non-comprehensive list of solicitors in Countesthorpe specialising in landlord and tenant law and on the regulations governing different types of tenancies. This may include advice on Court proceedings for possession

  • Dixon Coles & Goddard, 33 Lutterworth Road, Blaby, Leicester, Leicestershire, LE8 4DW
  • Beverley Merrell Limited, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA
  • Bhw Commercial Solicitors, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA
  • Sarah Newcombe Limited, 5 Grove Court, Grove Park, Leicester, Leicestershire, LE19 1SA
  • Kate Chorley Limited, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA

Planning law solicitors in Countesthorpe regulated by the Solicitors Regulation Authority

The firms listed below are a small selection of solicitors in Countesthorpe practicing in planning law. This should include advice on special planning controls
  • Bhw Commercial Solicitors, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA
  • Julie White Limited, 5 Grove Court, Grove Park, Enderby, Leicester, Leicestershire, LE19 1SA
  • David Prichard Limited, 1 Meridian South, Meridian Business Park, Leicester, Leicestershire, LE19 1WY
  • Kevin Sumner Limited, 1 Meridian South, Meridian Business Park, Leicester, Leicestershire, LE19 1WY
  • John Edmond Limited, 1 Meridian South, Meridian Business Park, Leicester, Leicestershire, LE19 1WY

*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.