Find a Lender-Approved Local Conveyancer in Waltham

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

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

Reasons to use our Waltham conveyancing solicitors

  • 1 This site is the first site offering you the facility to check that your property ownership legalities in Waltham will be conducted by a law firm on your bank conveyancing panel.
  • 2 Retaining the services of a local Solicitor generally means that you will receive a more personal touch. When using a large conveyancing firm, you tend to be looked after by a team of people who check what is happening on the file by reading from their computer screens.
  • 3 The companies listed on our web pages have a mix of conveyancing practitioners, legal executives and support staff handling thousands of conveyancing matters annually.
  • 4 The hallmark of our conveyancing solicitors in Waltham is quality not quantity. The level of service offered by conveyancing "factories" (sometimes 'recommended' by large estate agency chains) often falls short of the level of professionalism you would hope for.
  • 5 Solicitor conveyancing firms have extremely good personal links with Waltham estate agents and work very closely with them and local surveyors so as to ensure transactions proceed expeditiously.

Examples of recent conveyancing in Waltham since November 2023*

Recently asked questions about conveyancing in Waltham

I am obtaining a mortgage offer from Nat West. I would like to retain the legal services of a Licensed Conveyancer in Waltham. Does the Nat West Solicitor panel allow for conveyancers regulated by the CLC?

The Nat West conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.

Can the conveyancing solicitors identified via your search tool execute conveyancing in Waltham by way of an attended exchange?

We do have a number of conveyancing specialists carrying out personalised exchanges. Please call us to get a costs illustration and details as to dates.

I have 70 years unexpired on my lease and need a lease extension for my flat in Waltham. Conveyancing solicitors on the The Mortgage Works panel can deal with such extensions right?

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 28/2/2024 the requirements read as follows :

Minimum unexpired lease term is 70 years with 30 years remaining at the end of the mortgage term.
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 70 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 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 70 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 1.0% 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
- 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 reviewed and altered on any review basis or methodology

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 1.0% 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 the Issuing Office

I have recentlybeen informed that Stirling Law have been shut down. They carried out my conveyancing in Waltham for a purchase of a freehold house 9 months ago. How can I check that my home is not still registered in the name of the previous owner?

The quickest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Waltham conveyancing specialists.

How simple is it to use the search app to locate a conveyancing practitioner in Waltham on the panel for my mortgage?

First pick a mortgage company such as Nationwide Building Society, Norwich and Peterborough Building Society or Clydesdale then type in your location e.g. Waltham. Conveyancing practices in Waltham and nationally should be shown.

Last September I purchased a leasehold flat in Waltham. Do I have any liability for service charges relating to a period prior to completion of my purchase?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Waltham Leasehold Conveyancing - Examples of Queries before buying

    You should be aware that where the lease has no more than eighty years it will affect the value of the apartment. Check with your lender that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably need a lease extension at some point and it is worth finding out how much this would cost. Remember, in most cases you would need to own the premises for 24 months in order to be legally able to exercise a lease extension. Is there a share of the freehold?

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Sample of conveyancing solicitors in Waltham regulated by the SRA

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

  • Bates & Mountain, The Old Courthouse, 42 Brighowgate, Grimsby, South Humberside, DN32 0QW
  • John Barkers, 9-11 Bethlehem Street, Grimsby, South Humberside, DN31 1JN
  • Bridge Mcfarland, 19 South St. Marys Gate, Grimsby, South Humberside, DN31 1JE
  • Claire Parker Limited, New Oxford House, Osborne Street, Grimsby, South Humberside, DN31 1EY
  • Wilkin Chapman Llp, New Oxford House, Town Hall Square, Grimsby, South Humberside, DN31 1EY

Residential Landlord and Tenant Conveyancing solicitors in Waltham

The firms listed below are a small selection of solicitors in Waltham with expertise in landlord and tenant law and on the regulations governing different types of tenancies. This could include advice on service charge disputes and the right to manage

  • Bates & Mountain, The Old Courthouse, 42 Brighowgate, Grimsby, South Humberside, DN32 0QW
  • John Barkers, 9-11 Bethlehem Street, Grimsby, South Humberside, DN31 1JN
  • Bridge Mcfarland, 19 South St. Marys Gate, Grimsby, South Humberside, DN31 1JE
  • Jonathan West Limited, New Oxford House, Osborne Street, Grimsby, South Humberside, DN31 1EY
  • Wilkin Chapman Llp, New Oxford House, Town Hall Square, Grimsby, South Humberside, DN31 1EY

Transfer of Equity conveyancing in Waltham is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process:

  • Taking instructions from the appropriate parties
  • Investigating the title to the property
  • Following instructions from the lender (if appropriate)
  • Agreeing the terms of the transaction
  • Drawing up Transfer or approving the Transfer deed
  • Agreeing amendments to the draft Transfer
  • Corresponding with parties concerning the Transfer
  • Agreeing and preparing for completion
  • Receiving and releasing monies to relevant parties
  • Completing and submitting to HMRC the correct Land Tax forms and payment
  • Dealing with the registration formalities for the change in ownership and the home loan (where relevant) at the Land Registry.

*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.