I am obtaining a mortgage offer from Santander. My intention is to employ the services of a Licensed Conveyancer in Lifton. Does the Santander Solicitor panel include Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am about to put a bid on a leasehold flat in Lifton. The estate agents assure me that it is the norm for flats in Lifton to have less than 75 years unexpired on the lease. I am expecting a loan with Tesco Bank. Is this going to be acceptable if the lease has 69 years unexpired.
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. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 6/11/2025 the requirements read as follows :
Please help - my lawyer says that restrictive coveneant insurance is required on my purchase. What is the level of cover for Lifton conveyancing?
The appropriate level of restrictive coveneant indemnity insurance depends on who your lender is. It would differ for example between Lloyds TSB Bank and Skipton Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
When it comes to lenders such as Lloyds, do Lifton conveyancers face a yearly amount to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
Planning on purchasing a maisonette in Lifton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Lifton conveyancer is on the Virgin Money conveyancing panel.
I'm buying a new build house in Lifton with the aid of help to buy. The builders refused to budge the price so I negotiated five thousand pounds worth of extras instead. The sale representative told me not reveal to my lawyer about the side-deal as it could affect my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a property in Lifton ahead of appointing conveyancers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some lenders may refuse to issue a loan on such a home.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Lifton. Conveyancing will be smoother if you use a solicitor in Lifton especially if they are accustomed to such properties in Lifton.
I am buying a leasehold flat in Lifton. Conveyancing estimates are coming in at around £1800. Is that reasonable?
The average fee in 2014 for conveyancing in Lifton was £1,419 not including Stamp Duty and HMLR charges.