Is there a search tool that I can utilise to find out if the solicitor conducting my conveyancing in Empingham is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Nottingham Building Society thus paying £187.00 plus VAT in additional legal invoice.

You should make the most of the search tool on this page. Please choose the lender and type ‘Empingham’ or your location and you will discover numerous solicitors offices in Empingham or by proximity to you.

Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Empingham?

There are two types of lawyers who can carry out conveyancing in Empingham namely licenced conveyancers or solicitors. Both professionals handle conveyancing services that required to complete the disposal or purchase of property. They are both duty bound to handle Empingham conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be properly administered and that the requirements and procedures will be correctly attended to.

A friend advised me that in buying a property in Empingham there may be a number of restrictions limiting what one can do in terms of external alterations to a property. Is this right?

We are aware of anumerous of properties in Empingham which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Empingham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

When it comes to lenders such as TSB, do Empingham conveyancing practitioners face a yearly amount to be on the list of approved solicitors?

We are unaware of any mortgage company fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.

I am buying a new build house in Empingham benefiting from help to buy. The sellers would not move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent advised me not inform my conveyancer about the side-deal as it would put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am four weeks into a freehold purchase having been directed to conveyancers by the local agent to carry out the conveyancing in Empingham. I am am very disappointed with the quality of service. Could you you assist me in finding new solicitors?

A conveyancer would have to be really poor to suggest replacing them. Has the mortgage offer been generated? If so you must advise them of the new contact details and ensure the mortgage documents are re-sent. Your conveyancer should be on the mortgage company panel to avoid escalating fees and complications. That should be your starting point. Our search tool should assist you in finding a lender approved conveyancer for your conveyancing in Empingham

I am intending to rent out my leasehold flat in Empingham. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?

Even though your previous Empingham conveyancing solicitor is no longer available you can review your lease to check if it allows you to sublet the apartment. The accepted inference is that if the deeds are non-specific, subletting is allowed. Quite often there is a prerequisite that you need to seek consent via your landlord or other appropriate person before subletting. The net result is that you cannot sublet in the absence of first obtaining permission. The consent must not not be unreasonably refused ore delayed. If your lease prohibits you from letting out the property you should ask your landlord if they are willing to waive this restriction.

I purchased a 2 bed flat in Empingham, conveyancing having been completed June 2000. How much will my lease extension cost? Comparable properties in Empingham with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 levied per year. The lease terminates on 21st October 2081

With only 56 years remaining on your lease we estimate the premium for your lease extension to be between £29,500 and £34,000 as well as costs.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.