Find a Lender-Approved Local Conveyancer in Newbury

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

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

Newbury Conveyancing Statistics*

  • 1 Average time from start to completion was 65 days for conveyancing in Newbury
  • 2 The most common indemnity insurance policies for Newbury conveyancing is Unknown Rights and Easements
  • 3 67% freehold and 33% leasehold conveyancing in Newbury for this year to date
  • 4 Average time frame of 43 days for registration of title in Newbury
  • 5 115 is the median number of years remaining on leases in Newbury

Examples of recent conveyancing in Newbury since November 2023*

Sale

of flat Town Mills RG14 5HW, at the agreed consideration of £277,500. Leasehold conveyancing included: sending conveyancing papers to buyers representatives, dealing with appropriate requisitions and enquiries, preparing statement detailing charges

Sale

of terraced property, Green Lane, RG14 5NU completing on 10/11/2023 at a price of £315,000. The legal transfer of property included amongst the various tasks: sending conveyancing papers to buyers representatives, setting up the completion formalities, sending title deeds and signed transfer to purchaser’s conveyancer

Disposal

of terraced residence, Monkswood Close, RG14 6NR completing on 21/11/2023 at a price of £450,000. The legal transfer of property incorporates some of the following tasks: obtaining official copies of the title, setting up the completion formalities, sending title deeds and signed transfer to purchaser’s conveyancer

Transfer

of terraced property, Oare, RG18 9SD completing on 14/11/2023 at a price of £960,000. The legal transfer of property included amongst the various tasks: dealing with appropriate requisitions and enquiries, taking formal instructions from and updating the seller client, ordering official copies of the title

Recently asked questions about conveyancing in Newbury

My wife and I are hoping to purchase a property in Newbury and are in fact using a Newbury conveyancing practice. Within the last couple of days our property lawyer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. Nationwide Building Society have this evening contacted us to advise us that they have now hit a problem as our Newbury lawyer is not on their conveyancing panel. What do we do from here?

If you are buying a property with the assistance of a mortgage it is standard for the purchasers' solicitors to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the bank's conveyancing panel and you may continue to use your own Newbury solicitors, in which case it will likely add costs, and it will likely delay the transaction as you have another set of people involved.

We were just about to exchange contracts for a ground floor flat in Newbury. We have hit a snag. Our mortgage offer with Leeds Building Society expires on 11/4/2024 but the sellers are insisting on a completion date of 15/4/2024. Can one extend the mortgage offer?

The best person to deal with your concern is your lawyer who is in a position to determine if he or she is should be discussing with the mortgage broker, vendor’s lawyers, estate agents or possibly all parties based on the history of your transaction as of today.

We are looking to buy a property and require a conveyancing solicitor in Newbury who is on the Co-operative solicitor panel. Could you point me in the right direction as regards a firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Newbury.

I have a mortgage with Santander for my property in Newbury. Conveyancing has been completed some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Santander?

Santander must be informed of your intention prior to letting out your property as this is likely to be a breach of Santander’s mortgage conditions. It may be that Santander will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Santander directly. It should not be necessary to do this via a Santander conveyancing panel firm.

It is unclear whether my bank requires a lease extension. I have called my Newbury bank branch on numerous occasions and was told it does not affect the mortgage offer and they will lend. My Newbury conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.

Provided that the lawyer is on the mortgage company panel, she or he must follow the CML Handbook specifications for the 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 lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

After much negotiation I have agreed a price on a house in Newbury. My mortgage broker suggested a conveyancing practitioner. I paid an upfront payment of £200. Shortly after, the property lawyer called me embarrassingly acknowledging that they were not on the Lloyds 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 Lloyds 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 used Arc property Solicitors several years past for my conveyancing in Newbury. I now require my file however cannot find the solicitor. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Newbury of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I am a sole trader wishing to take an assignment of a lease of a shop on the high street. Can you recommend solicitors offering no-sale-no charges for commercial conveyancing in Newbury for below £2000?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Newbury, including the disposal and purchase of businesses as well as simply property. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right firm. Regarding the charges these will vary based on the structure and terms of the proposed transaction. Let us have your details or telephone so as to enable us to provide you with a fixed commercial conveyancing calculation.

Last updated

Residential Landlord and Tenant Conveyancing solicitors in Newbury

The firms listed below are a non-comprehensive list of solicitors in Newbury with expertise in landlord and tenant law and on the regulations governing different types of tenancies. This will likely include advice on Claims for damages for illegal

  • Gardner Leader Llp, White Hart House, Market Place, Newbury, Berkshire, RG14 5BA
  • Horsey Lightly, 2, West Mills, Newbury, Berkshire, RG14 5HG
  • Charles Lucas & Marshall, Radnor House, 28 Bartholomew Street, Newbury, Berkshire, RG14 5EU
  • Mblaw (newbury) Ltd, 8 Cheap Street, Newbury, Berkshire, RG14 5DD
  • Lesley A Clay Solicitor, Wayside Cottage, The Slade, Bucklebury, Reading, Berkshire, RG7 6TE

Commercial Conveyancing solicitors in Newbury regulated by the SRA

The firms listed below are a non-comprehensive list of solicitors in Newbury practicing in commercial conveyancing in Newbury. This will likely include advice on buying or selling a shop, pub, restaurant, office, retail unit
  • Gardner Leader Llp, White Hart House, Market Place, Newbury, Berkshire, RG14 5BA
  • Horsey Lightly, 2, West Mills, Newbury, Berkshire, RG14 5HG
  • Charles Lucas & Marshall, Radnor House, 28 Bartholomew Street, Newbury, Berkshire, RG14 5EU
  • Mblaw (newbury) Ltd, 8 Cheap Street, Newbury, Berkshire, RG14 5DD

Planning law solicitors in Newbury regulated by the Solicitors Regulation Authority

The firms listed below are a small selection of solicitors in Newbury with expertise in planning law. The solicitors can give expert legal advice on all aspects of planning, including making sure people do what the planning regulations say
  • Horsey Lightly, 2, West Mills, Newbury, Berkshire, RG14 5HG
  • Charles Lucas & Marshall, Radnor House, 28 Bartholomew Street, Newbury, Berkshire, RG14 5EU
  • Ejh Legal, Barbosa, Remembrance Road, Newbury, Berkshire, RG14 6BA

Neighboring Locations

Berkshire
Binfield
Cookham
Newbury
Reading
Oakley

*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.