We note that you have a search directory identifying firms on the Co-operative conveyancing panel. Do firms pay you a commission if I instruct them for our conveyancing in Burton Latimer?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Burton Latimer.
I have been advised by my solicitor that lack of planning permission insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Burton Latimer?
The right level of lack of planning permission indemnity insurance should be dictated by who your lender. It would differ for example between Nationwide Building Society and The Royal Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such policies.
We had instructed conveyancing lawyers with offices in Burton Latimer on the HSBC solicitor approved list. They have just invoiced me a separate sum for the legal aspects of the HSBC mortgage. Is this a supplemental conveyancing fee set by HSBC?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancer can levy a fee for this. This fee is not dictated by HSBC but by your Burton Latimer conveyancer. Some firms on the HSBC panel will charge an ‘acting for lender’ fee and others do not.
My offer was accepted on a property in Burton Latimer on 29/4/2025, valuation was booked 2 days later, all came back fine. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to TSB and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the TSB conveyancing panel. Are TSB entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am purchasing my first flat in Burton Latimer with a loan from HSBC Bank. The developers would not budge the price so I negotiated 6k of additionals instead. The property agent advised me not to tell my conveyancer about the extras as it would affect my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Over the last few months I have been searching for a flat up to £195,000 and found one near me in Burton Latimer I like with open areas and station in the vicinity, the downside is that it only has 61 remaining years left on the lease. There is not much else in Burton Latimer suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the shortness of the lease may be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
I have been sourcing a conveyancing solicitor in Burton Latimer for my home move. Is there any facility to check a solicitor's complaints history with the profession’s regulator?
Members of the public may review documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may recorded call for training purposes.
I've recently bought a leasehold house in Burton Latimer. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, 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).
I invested in buying a basement flat in Burton Latimer, conveyancing formalities finalised October 1995. Can you work out an approximate cost of a lease extension? Corresponding properties in Burton Latimer with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 yearly. The lease terminates on 21st October 2083
With 58 years left to run we estimate the price of your lease extension to range between £22,800 and £26,400 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.