Unfortunately I am unable to travel far from Croston. I would like to know the understand why all Croston conveyancers are not on all lender panels?
Banks point to the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud every year.The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its conclusions included recommendations for mortgage companies to review their conveyancing panels, which triggered a major policy change in the sector. This led to mortgage companies pruning less reputable firms off their official list of approved property lawyers .
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Croston. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 7/2/2026, the requirements read as follows :
My friend advised me that if I am buying in Croston I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Croston conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Croston around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information about Croston.
I am looking for a ground for flat up to £305k and found one round the corner in Croston I like with open areas and station nearby, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Croston suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a mortgage that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
I need to appoint a conveyancing solicitor for my conveyancing in Croston. I've chance upon a site which seems to have the perfect solution If there is a chance to get all the legals completed via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
If all goes to plan we aim to complete the disposal of our £225,000 garden flat in Croston on Wednesday in a week. The landlords agents has quoted £300 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Croston?
For most leasehold sales in Croston conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering conveyancing due diligence questions
Where consent is required before sale in Croston
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a split level flat in Croston, conveyancing formalities finalised May 1998. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Croston with a long lease are worth £222,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease expires on 21st October 2097
You have 71 years remaining on your lease we estimate the premium for your lease extension to range between £9,500 and £11,000 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.