I am purchasing a brand new flat in Beeston and my lawyer is telling me that she is duty bound to the mortgage company to reveal incentives from the builder. I am under pressure to exchange contracts and my preference is not to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Why do I have to pay up front when it comes to conveyancing in Beeston?
Where you are retaining lawyers for conveyancing in Beeston your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any deposit is as part of the sale price then this will be needed immediately prior to contracts are exchanged. The final balance that is needed should be transferred a couple of days prior to the completion date.
I have 71 years unexpired on my lease and need a lease extension for my flat in Beeston. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing 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 12/4/2025 the requirements read as follows :
Should commercial conveyancing searches reveal impending roadworks that could affect a commercial property in Beeston?
Many commercial conveyancing solicitors in Beeston will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Beeston. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Beeston.
For every commercial conveyancing transaction in Beeston it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Beeston commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Beeston.
The deeds to our property can not be found. The conveyancers who did the conveyancing in Beeston 5 years ago have long since closed. What do I do?
Nowadays there are copies made of almost everything, and your conveyancer will be aware exactly where to look for all the relevant documentation so you can buy or dispose of your property without any difficulty. If copies can’t be located, your lawyer can arrange cover in the form of insurance or indemnities protecting you against future claims on your property.
How does conveyancing in Beeston differ for newly converted properties?
Most buyers of new build residence in Beeston come to us having been asked by the developer to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Beeston tend to 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 used to new build conveyancing in Beeston or who has acted in the same development.