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Recently asked questions about conveyancing in Bulwell

I require conveyancing for an apartment in a relatively new development (seven years old) in Bulwell. Almost all the flats are already occupied. Is it strictly necessary to order neighbourhood searches as part of conveyancing in Bulwell?

Where you are obtaining a mortgage, your bank will need some (many) of the searches so you'll have no choice. If not, then Bulwell conveyancing searches are optional. No doubt your conveyancer, will ’encourage’, perhaps in the strongest possible terms, that you should have the searches done, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Bulwell.

My partner and I are close to exchanging contracts on the sale of our house in Bulwell and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using a web based conveyancing practice as opposed to a conveyancing solicitor in Bulwell. Having lived in Bulwell for 4 years we know of no issue. Is it a good idea to contact our local Authority to obtain confirmation that there is no issue.

It would appear that you have a conveyancing solicitor already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)

We're first time buyers - had an offer accepted, but the property agent informed us that the seller will only move forward if we use the agent's preferred lawyers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Bulwell

We suspect that the owner is unaware of this request. Should the vendor require ‘a quick sale', taking such a hostile approach to a genuine buyer is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are genuine buyers (b)you are ready to go, with finances arranged © you are unencumbered (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Bulwell conveyancing solicitors - not the ones that will earn the negotiator at the agency a referral fee or achieve conveyancing figures demanded by senior management.

I am in need of some leasehold conveyancing in Bulwell. Before diving in I would like to find out the unexpired term of the lease.

If the lease is recorded at the land registry - and most are in Bulwell - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I bought a ground floor flat in Bulwell, conveyancing having been completed 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Bulwell with an extended lease are worth £185,000. The ground rent is £65 invoiced every year. The lease comes to an end on 21st October 2085

With 61 years left to run the likely cost is going to be between £19,000 and £22,000 as well as legals.

The figure above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.

Is it true that a Bulwell conveyancing solicitor taken to court by a client for failing to conduct the appropriate conveyancing searches?

Our attention has not be brought to such a Bulwell conveyancing matter but according to a recent report, clients purchasing a house in Cumbria successfully won a case against their lawyer due to development permission to build a wind farm failing to be identified in conveyancing searches.

Where you are buying in Bulwell It is important that your lawyer carry out all Bulwell conveyancing searches required making sure that you have relevant and up to date information before buying a property.

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