My mortgage broker requires my Croxley Green law firm’s panel member for the Nat West conveyancing panel. What is the best way to obtain this. I have called my local Croxley Green branch but they have not got back to me yet.
You are best placed to get this information from your Croxley Green property lawyer . They keep a central record lender panel numbers.
Will lawyers request an advanced payment for conveyancing in Croxley Green?
Where you are retaining lawyers for conveyancing in Croxley Green your lawyer will request that you to provide them with monies to cover the search fees. Normally this is needed to cover the fees of the Local Authority Search. If any down payment is payable against the sale price then this will be needed immediately before exchange of contracts. The closing balance that is due should be sent to your lawyer a couple of days prior to the day of completion.
I have 70 years left on my lease and require a lease extension for my flat in Croxley Green. Conveyancing solicitors on the Chelsea Building Society 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. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/2/2025 the requirements read as follows :
Should my conveyancer be making enquiries regarding flooding during the conveyancing in Croxley Green.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Croxley Green. Some people will purchase a house in Croxley Green, fully expectant that at some time, it may suffer from flooding. However, aside from the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Lawyers are not qualified to give advice on flood risk, however there are a various searches that may be initiated by the purchaser or by their lawyers which should give them a better understanding of the risks in Croxley Green. The standard property information forms supplied to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the vendor to find out if the property has suffered from flooding. If flooding has previously occurred which is not disclosed by the owner, then a buyer may bring a legal claim for losses stemming from an inaccurate response. The buyer’s conveyancers should also commission an enviro report. This will disclose whether there is any known flood risk. If so, more detailed inquiries should be made.
How straightforward is it to use your search tool to select a conveyancing practitioner in Croxley Green on the approved list for my bank?
First pick a bank such as HSBC Bank, Virgin Money or Godiva Mortgages Ltd then choose your location e.g. Croxley Green. Conveyancing firms in Croxley Green and further afield will then be shown.
I own a leasehold flat in Croxley Green. Conveyancing was finalised in 21012. I have read on a number of consumer forums that I mustn’t let the lease length fall too low. Is this correct?
Croxley Green residential long term leases are for a fixed term - normally just under one hundred years when they are first granted. However many appartments in Croxley Green were built or converted in the 60’s and so such leases now have less than 80 years left to run. This may seem like plenty of time but Banks, Building Societies and other mortgage companies on the whole need leases to have at least seventy five years unexpired to be mortgageable. This means that when you come to sell the property you will need a lease extension if you are approaching seventy five years. To increase the saleability of your property you should be considering whether to extend your lease well in advance of selling the property. There are also significant benefits to doing so before the lease reaches even eighty years as when the lease is below 80 years the premium you have to pay to extend starts to escalate.