I am considering applying for a RBS mortgage for purchase of a newly converted (under development) in Aylesbury with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for RBS ?
In theory, you could use a solicitor that is not on the RBS conveyancing panel, but RBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
What is the difference between a licensed conveyancer and conveyancing solicitor in Aylesbury
Two types of professional can perform conveyancing in Aylesbury namely licenced conveyancers or solicitors. The two can provide conveyancing services that required to complete the sale or purchase of property. They are both obliged to handle Aylesbury conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all necessary steps will be appropriately attended to.
Does a directory service exist listing Clydesdale panel conveyancers in Aylesbury on the Council of Mortgage Lender’s Website?
No. There is no such facility on the CML or Building Society Association websites. A small selection of lenders make their panel listings available over the internet. If you are seeking to appoint a Aylesbury property lawyer on the Clydesdale please use our tool.
I had an offer accepted on a property in Aylesbury on 13/6/2025, valuation was booked 2 days later, all came back fine. Solicitor retained, so the only thing outstanding was my mortgage offer. Having made daily calls to RBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the RBS conveyancing panel. Are RBS entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
The deeds to our home are lost. The solicitors who handled the conveyancing in Aylesbury 4 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to hold title official documentation to prove you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
I decided to have a survey carried out on a property in Aylesbury in advance of appointing lawyers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some lenders tend not grant a mortgage on such a property.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Aylesbury. Conveyancing may be slightly more expensive based on your lender's requirements.
In surfing the world wide web for the phrase cheap conveyancing in Aylesbury it brings up numerous property lawyersin the vicinity. How do I determine which is the suitable property lawyer for me?
The best method of choosing a suitable conveyancer is through a personal recommendation, so enquire of friends and those you trust who have acquired a property in Aylesbury or a reputable estate agent or financial adviser. Costs for conveyancing in Aylesbury vary, so it's sensible to obtain at least three fee estimates from different companies. Make sure that you clarify that the charges are assured not to increase.
I am a negotiator for a reputable estate agent office in Aylesbury where we have experienced a number of flat sales derailed as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Aylesbury conveyancing firms. Can you shed some light as to whether the seller of a flat can start the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I invested in buying a split level flat in Aylesbury, conveyancing formalities finalised 10 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Aylesbury with over 90 years remaining are worth £192,000. The average or mid-range amount of ground rent is £55 yearly. The lease terminates on 21st October 2079
With just 54 years unexpired we estimate the premium for your lease extension to range between £32,300 and £37,400 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.