Is there a reason why leasehold purchase conveyancing in Wallington is more expensive?
The conveyancing charges on a leasehold property in Wallington is often more expensive than on a freehold property. This is because there is an amount of extra work required in communicating with the freeholder and managing agents to collate the evidence concerning whether the rent and service charges have been paid and whether there are any major works due in the foreseeable future on repairs or maintenance of the building.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Wallington. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/6/2025, the requirements read as follows :
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Wallington is the location of the property. Is there any guidance you can impart?
Flying freeholds in Wallington are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wallington you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wallington may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
We are four weeks into a freehold purchase having been directed to solicitors by the local agent to handle our conveyancing in Wallington. We are not happy. Can you help me find new solicitors?
They would need to be really poor in order to consider changing them. Has your loan offer been sent? In the event that it has you need to advise them of the new contact details and get the offer are issued to the new lawyers. Your conveyancer needs to be on the lenders panel to avoid supplemental fees and frustration. That should be your starting point. Our find a solicitor tool can assist you in finding a lender approved solicitor for your home move in Wallington
If all goes to plan we aim to complete the disposal of our £475,000 garden flat in Wallington next week. The freeholder has quoted £336 for Landlord’s certificate, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Wallington?
For most leasehold sales in Wallington conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-contract enquiries
Where consent is required before sale in Wallington
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Wallington conveyancing firm to help?
in cases where there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to assess the price payable.
An example of a Freehold Enfranchisement decision for a Wallington flat is 21 & 23 Carshalton Grove in May 2009. the Tribunal adopted the figures presented as the premiums payable by the Applicant i.e. a total of £20,750. This case was in relation to 2 flats. The unexpired residue of the current lease was 72 years.
My partner and I are acquiring a first floor flat in Wallington. At the time of instructing our solicitor, they said that they were on all major UK lender panels. The financial adviser contacted us today to say that they are not on the Nationwide approved list. Were it to be true, what should we do? Do we just choose a different property lawyer that is on their panel or do we pay for dual representation, with Nationwide selecting their own preferred solicitor.
If you are purchasing a property with the assistance of a mortgage it is conventional for the purchaser’s lawyers to also represent the purchaser's lender. In order to act for a bank or building society a lawyer has to be on that lender's conveyancing panel. An application has to be made by the solicitor to the lender to become a member of the lender's panel and there are increasingly strict criteria which the conveyancing practitioner has to meet. Some mortgage companies now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact Nationwide to find out 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 Nationwide's conveyancing panel as you are at liberty to use your preferred Wallington lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.