I have just over seventy years remaining on my lease and need a lease extension for my apartment in South Hackney. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 21/2/2025 the requirements read as follows :
It has been four months since my purchase conveyancing in South Hackney completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in South Hackney ahead of appointing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies will not give a loan on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. If you contact us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Hackney. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in South Hackney to see if the conveyancing costs will increase in light of this.
How straightforward is it to use your search tool to select a conveyancing practitioner in South Hackney on the panel for my mortgage?
First pick a mortgage company such as National Westminster Bank, The Mortgage Works or Clydesdale then choose your location for instance South Hackney. Conveyancing practices in South Hackney and beyond should be identified.
My partner and I are purchasing a 2 bedroom flat in South Hackney. When we first instructed solicitor, they assured us that they were on all mainstream mortgage company panels. The financial adviser called yesterday to advise that they don't seem to be on the Kent Reliance approved list. If it turns out to be true, what should we do? Do we just find a new property lawyer that is on their panel or do we cover the costs for dual representation, with Kent Reliance appointing their own preferred solicitor.
When buying a property with mortgage finance it is standard for the buyer’s solicitors to also represent the purchaser's lender. In order to act for a bank or building society a conveyancing practitioner has to be on that lender's list of approved lawyers. An application has to be made by the lawyer to the lender to become a member of the lender's panel and there are increasingly strict criteria which the conveyancing practitioner has to meet. Some building societies now insist their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your conveyancer should contact Kent Reliance to discover if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on Kent Reliance's conveyancing panel as you are at liberty to use your preferred South Hackney lawyers, in which case it will likely add costs, and it may delay matters as you are adding another conveyancing practitioner into the mix.