I am obtaining a mortgage with Lloyds. My intention is to enlist the help of a Licensed Conveyancer in Exton. Does the Lloyds Conveyancing panel include Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
We are about to exchange contracts for a property in Exton. We encountered a problem. Our mortgage offer with Leeds Building Society runs out on 1/6/2026 but the vendors are suggesting a completion date of 3/6/2026. Is it possible to prolong the loan offer?
The best person to deal with your concern is your lawyer who should calculate if they should be discussing with the mortgage company, vendor’s solicitors, estate agents or possibly all parties given what has happend in your conveyancing to date.
My apartment in Exton is up for sale and I have a buyer. Does my property lawyer have to be on the UBS conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the UBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
What is the difference between a licensed conveyancer and conveyancing solicitor in Exton
Two types of professional can execute conveyancing in Exton namely licenced conveyancers or solicitors. The two can handle conveyancing services that you need to complete the sale or purchase of property. They are both obliged to conduct Exton conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally conducted and that the requisite procedures should be suitably attended to.
Completion of my purchase has taken place for my property in Exton. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
After months of negotiation I have agreed a price on an apartment in Exton. My mortgage broker suggested a lawyer. I paid an upfront payment of £225. Not long after, the solicitor called me to say that they were not on the Barclays 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 Barclays 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.
It has been five months since my purchase conveyancing in Exton completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I only have Seventy years left on my flat in Exton. I now wish to get lease extension but my landlord is missing. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. However, you will be required to demonstrate that you have made all reasonable attempts to track down the freeholder. In some cases an enquiry agent would be helpful to try and locate and to produce an expert document to be used as proof that the landlord can not be located. It is wise to seek advice from a property lawyer both on proving the landlord’s disappearance and the vesting order request to the County Court overseeing Exton.
I inherited a basement flat in Exton, conveyancing was carried out in 2001. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Exton with an extended lease are worth £191,000. The ground rent is £55 invoiced every year. The lease finishes on 21st October 2079
With just 53 years unexpired we estimate the premium for your lease extension to span between £27,600 and £31,800 plus legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.