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Find a Watlington Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Watlington

The vendors of the home we are hoping to buy have instructed a conveyancing solicitor in Watlington who has insisted on a preliminary agreement with a deposit of 5k. Are such agreements sensible?

There are two primary concerns with signing a lock out agreement (also termed a no-shop agreement) is that it takes away the focus from moving forward with the conveyancing work, so unless it requires minimal or no negotiation then it may turn out to be unhelpful. It is not particularly popular by Watlington conveyancing lawyers as a result. The other main concern is the extent of the remedies available - a jilted buyer is very unlikely to be granted injunctive relief to prohibit the owner disposing of the property to a third party, so the only remedy open via the agreement will be the reimbursement of abortive costs and, in restricted situations, the additional payment of penalties.

I am close to exchanging contracts on the sale of our house in Watlington and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any high street Watlington lawyer would know this is not the case. It does beg the question why the buyers are using an online conveyancing practice as opposed to a conveyancing solicitor in Watlington. Having lived in Watlington for many years we know of no issue. Do we contact our local Authority to obtain clarification that the buyers are looking for.

It would appear that you have a conveyancing firm already. What do they say? You must enquire of 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 health insurance to cover that same ailment)

I have been pointed in your direction by a number of estate agents in Watlington to locate a property lawyer on your site. What’s the financial upside for Estate Agents to recommend your lawyers over alternative conveyancing organisations?

We don’t offer any financial incentive for sending work to this site. We found it would be just too difficult a fee because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.

Last October I purchased a leasehold house in Watlington. Am I liable to pay service charges relating to a period prior to my ownership?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Watlington Leasehold Conveyancing - Examples of Queries Prior to Purchasing

    In the main the outlay for major works are not included within service charges, albeit that some managing agents in Watlington require leasehold owners to pay into a reserve fund and this is used to offset against major repairs or maintenance. Be sure to enquire if there are any onerous restrictions in the lease. For instance it is fairly common in Watlington leases that pets are not allowed in certain buildings in Watlington. If you love the flatin Watlington but your cat is not allowed to move with you then you have a very difficult compromise. Is there a share of the freehold?

Me and my partner have recently had an offer accepted on a apartment and had an appointment on Tuesday with the Post Office for the mortgage. They advised us that when it comes to selecting a property lawyer that if they are not on their approved panel of solicitors then we will be subject to an an additional charge of £200. This is is due to the fact that they will then have to select a property lawyer to act for them as well as the one we choose to act for ourselves and we are liable for their invoice. I have asked the Post Office to send me with a list so I can seek estimates only from their approved conveyancers but was told they dont have such a list to hand over. Is their an easier way of going about this?

You can enquire of the Post Office what their criteria for panel membership is for a conveyancer.Thereafter ask the conveyancer of your choice whether they fit that criteria and have they acted on mortgages for the Post Office before. Where the answer to those is yes, then just double check with the Post Office. Another option is to utilise our search tool and we should be able to identify a lawyer in Watlington on the approved list for the Post Office.

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