We are hoping to buy a 2 bedroom apartment in Cannock with a mortgage. We have a Cannock conveyancer, however the bank advise he's not on their "panel". We have to appoint one of the bank panel firms or keep our Cannock conveyancing practitioner and pay for one of their panel ones to act for them. This seems very unfair; can we not demand that the lender use our Cannock conveyancer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Cannock conveyancing solicitor to apply to be on the conveyancing panel.
Do the conveyancing lawyers that you recommend conduct right to buy conveyancing in Cannock?
We do have a number of conveyancing solicitors carrying out right to buy transactions Do contact the conveyancers listed to get a conveyancing quote.
I have 7378 less than 75 years remaining on my lease and require a lease extension for my flat in Cannock. 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 obtaining 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 27/12/2025 the requirements read as follows :
I am buying my first flat in Cannock with a mortgage from Bank of Scotland. The builders would not move on the price so I negotiated 6k of extras instead. The house builders rep suggested that I not to tell my conveyancer about this side-deal as it will adversely affect my loan with Bank of Scotland. 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.
I have been on the look out for a leasehold apartment up to £245,000 and found one close by in Cannock I like with a park and transport links in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Cannock suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
I am in the process of purchasing my 1st house in Cannock. Conveyancing practitioner has been selected. The mortgage adviser advised that a survey is not needed as the property was only constructed 22 years ago.
At the very least you should have a Home Buyer's Report. As the property is more than 10 years old the property will not benefit from a warranty, so you would be well advised not to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report could be enough. The report should highlight any obvious problems and suggest further investigation where relevant. If there are any signs of problems get a full structural survey.