I am selling my flat in Buckhurst Hill and the EA has just telephoned to say that the buyers are appointing a new law firm. I am told that this is due to the fact that the bank will only work with solicitors on their approved list. On what basis would a big named mortgage company only work with certain law firms rather the firm that they want to select for their conveyancing in Buckhurst Hill ?
UK lenders have always had panels of law firms that can represent them, but in the past few years big names such as Yorkshire Building Society, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for more than 15 years.
Banks point to the increase in fraud by way of justification for the reduction – criteria have been stiffened as a smaller panel is easier to keep an eye on. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is being contacted daily by practices that have been removed from panels. Plenty of firms do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are not going to have any impact on this.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Buckhurst Hill. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 6/2/2026, the requirements read as follows :
I am buying my first flat in Buckhurst Hill with a loan from Nationwide Building Society. The builders refused to reduce the amount so I negotiated 6k of extras instead. The house builders rep told me not disclose to my conveyancer about the deal as it could adversely affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Buckhurst Hill is the location of the property. Is there any guidance you can give?
Flying freeholds in Buckhurst Hill are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Buckhurst Hill you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Buckhurst Hill may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Expecting to complete next month on a basement flat in Buckhurst Hill. Conveyancing lawyers inform me that they report fully on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Buckhurst Hill should include some of the following:
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You should be sent a copy of the lease You should have a good understanding of the building insurance obligations The landlord’s rights to access the premises. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Who has the liability to repair and maintain the building. It is important for you to know who is duty bound to repair and maintenance of every part of the building Whether your lease has a provision for a sinking fund?
After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Buckhurst Hill. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Where there is a absentee landlord or where there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to assess the amount due.
An example of a Freehold Enfranchisement case for a Buckhurst Hill property is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case related to 2 flats. The unexpired lease term was 69.26 years.
I need to consider estimates for conveyancing in Buckhurst Hill from numerous property lawyer and decide on one. Am I right to tell them to hold tight until I a suitable flat to buy.
You should wait to get your solicitor to commence work and apply for searches once the sales memo has been issued by the estate agent especially as Buckhurst Hill conveyancing searches are not inexpensive.