lenderpanel

Find a Colne Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Colne? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Colne home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Colne conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Colne

Last July we completed a house move in Colne. We have since encountered a number of problems with the house which we suspect were overlooked in the conveyancing searches. What action can we take? What searches should? have been carried out for conveyancing in Colne?

The question is not clear as what problems have arisen and if they are unique to conveyancing in Colne. Conveyancing searches and investigations undertaken as part of the buying process are designed to help avoid problems. As part of the process, a property owner fills in a form called a Seller’s Property Information Form. If the information ends up being incorrect, then you may have a claim against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Colne.

I am purchasing a flat and require a conveyancing solicitor in Colne who is on the HSBC Bank solicitor. 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 listed as being on the approved conveyancing panel for HSBC Bank in certain locations such as Colne. We dont recommend any particular firm.

About to purchase a new build apartment in Colne. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Colne

    Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I have been advised by a few selling agents in Colne to get a quote from a property lawyer using your seach tool. What’s the financial advantage for Estate Agents to promote your site ahead of another?

We refuse to give any commission for directing people to this site. We found it would be just too difficult to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.

All being well we will complete the disposal of our £225,000 apartment in Colne on Tuesday in a week. The landlords agents has quoted £348 for Landlord’s certificate, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Colne?

For the majority of leasehold sales in Colne conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Addressing pre-exchange enquiries Where consent is required before sale in Colne Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Colne leasehold premises is £350. For Colne conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide the information.

I inherited a leasehold flat in Colne, conveyancing having been completed March 2003. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Colne with an extended lease are worth £180,000. The ground rent is £65 invoiced every year. The lease ends on 21st October 2083

With just 59 years unexpired the likely cost is going to range between £20,900 and £24,200 as well as professional fees.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.

Last updated

Find out more about how flying freehold can affect your the value of a property.