My fiancee and I are buying our first home. Our lawyer has messagedto enquire if we want to purchase additional conveyancing searches. We are really unsure what's necessary for conveyancing in Mawsley
The type of Mawsley conveyancing searches depends entirely on the property, the location, the likelihood of any of these risks, your familiarity of the region and risks, your general attitude to risk. What is important is that you adequately appreciate what information the searches could supply. Then you can make a decision if you consider that you need that information. Should you be unsure, ask the lawyer to guide you.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Mawsley. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 3/12/2025, the requirements read as follows :
What is your number one tip for choosing a conveyancing solicitor in Mawsley
We would encourage you not to base your choice on the cheapest Mawsley conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Can you point me to a directory of Aldermore panel conveyancers in Mawsley on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the CML or Building Society Association websites. Very few mortgage companies make their panel listings visible over the internet. If you are looking for a Mawsley property lawyer on the Aldermore please use our facility.
We had chosen conveyancing lawyers located in Mawsley on the Lloyds solicitor panel. They are now charging me a further amount for dealing with the Lloyds mortgage. Is this an additional conveyancing fee set by Lloyds?
Unfortunately, as long as it is in their Terms of Engagement or Quote then yes your conveyancer is entitled to levy a fee for this. This charge is not set by Lloyds but by your Mawsley conveyancing practitioner. Some firms on the Lloyds panel will levy an ‘acting for lender’ fee and others do not.
I have been told that property searches are the number one reason for delay in Mawsley house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in Mawsley.
I decided to have a survey carried out on a property in Mawsley prior to retaining solicitors. I have been told that there is a flying freehold element to the property. The surveyor advised that some banks may not grant a mortgage on this type of home.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Mawsley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Mawsley to see if the conveyancing costs will increase in light of this.
What are your top tips when it comes to appointing a Mawsley conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a Mawsley conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Mawsley conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be useful:
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If the firm is not ALEP accredited then why not?
I own a 1st floor flat in Mawsley, conveyancing having been completed 10 years ago. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Mawsley with a long lease are worth £181,000. The ground rent is £55 charged once a year. The lease finishes on 21st October 2076
With 51 years unexpired the likely cost is going to be between £30,400 and £35,200 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.