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Find a Leeswood Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Leeswood

A colleague advised me that where I am buying in Leeswood I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is occasionally quoted for as part of the standard Leeswood conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Leeswood around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Leeswood Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Leeswood.

How does conveyancing in Leeswood differ for newly converted properties?

Most buyers of new build premises in Leeswood approach us having been asked by the developer to exchange contracts and commit to the purchase even before the property is ready to move into. This is because developers in Leeswood usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Leeswood or who has acted in the same development.

Due to the guidance of my in-laws I had a survey completed on a house in Leeswood prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will refuse to give a loan on such a home.

It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you contact us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leeswood. Conveyancing may be slightly more expensive based on your lender's requirements.

I'm refinancing my current home to a buy to let mortgage with Virgin Money and I will use the ballance of the raised equity as a deposit on further house. The neighborhood we are looking at is Leeswood. Will your lawyers be able to act for both sets of lenders and tie in the transactions?

Do use our search tool on this page to ensure that the solicitors are on the relevant lender panels. On the basis that they are the conveyancer will be able to simultaneously deal with the two deals but you should talk with you lawyer and make clear your expectations and needs.

Can you offer any advice when it comes to choosing a Leeswood conveyancing practice to deal with our lease extension?

If you are instructing a property lawyer for your lease extension (regardless if they are a Leeswood conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We suggest that you speak with two or three firms including non Leeswood conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:

    What are the legal fees for lease extension work?

Leeswood Conveyancing for Leasehold Flats - Examples of Queries before Purchasing

    What prohibitions are there in the Leeswood Lease? Is the freehold owned collectively by the leaseholders? What is the the remaining lease term?

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