I'm in the process of swapping over from my domestic loan to a Buy to Let Chelsea Building Society mortgage. I was told by my financial advisor that I need a lawyer as part of the process. I had a chat the same Mundesley conveyancing solicitor who dealt with the legals when I originally acquired the house. The quote issued of £550 is surprising as I am not require purchase conveyancing - it’s just a straightforward remortgage.
The estimate does seem a tad on the high side. If you shop around you may be able to trim some of the expense by perhaps £125. That being said, assuming were satisfied with the service the firm provided you maycome to regret opting for an a cheaper conveyancer. Remember to check that the conveyancer can represent Chelsea Building Society. You can use our search tool to select a Mundesley conveyancing firm on the Chelsea Building Society member panel, which can often include conveyancing solicitors in Mundesley.
The Mundesley conveyancing firm handling our Mundesley conveyancing has discovered an inconsistency when comparing the assumptions in the valuation report and what is in the conveyancing documents. My lawyer informs me that he is obliged to check that the lender is OK with this discrepancy and is content to go ahead. Is my conveyancer’s course or action legitimate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We were going to get a DIP from Nottingham this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nottingham recommend any Mundesley solicitors on the Nottingham conveyancing panel, or is it better to go independently?
You will need to appoint Mundesley solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
I have decided to exercise my right to buy my property in Mundesley off the council. I have a mortgage offer with Barclays. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
I had an offer accepted on a property in Mundesley on 24/10/2025, valuation was booked 2 days later, received a clean bill of health. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to Clydesdale and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Clydesdale conveyancing panel. Are Clydesdale entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
Due to the guidance of my in-laws I had a survey completed on a house in Mundesley ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some lenders may not grant a loan on this type of house.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Mundesley. Conveyancing will be smoother if you use a solicitor in Mundesley especially if they are familiar with such properties in Mundesley.
In what way does the Landlord & Tenant Act 1954 impact my business offices in Mundesley and how can you help?
The particular law that you refer to affords protection to business lessees, granting the right to apply to court for a continuation of occupancy when the lease reaches an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Mundesley is one of the many locations in which the firms we work with are located
What makes a Mundesley lease unacceptable for security purposes?
Leasehold conveyancing in Mundesley is not unique. All leases are individual and legal mistakes in the legal wording can result in certain clauses are erroneous. The following missing provisions could result in a defective lease:
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A provision for the recovery of money spent for the benefit of another party. Maintenance charge proportions which don’t add up to the correct percentage
A defective lease can cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Accord Mortgages Ltd, Leeds Building Society, and Alliance & Leicester all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to grant the mortgage, obliging the buyer to pull out.
Leasehold Conveyancing in Mundesley - Examples of Queries before Purchasing
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What is the yearly maintenance fee and ground rent? Is anyone aware of any major works in the planning that will increase the service costs? The best form of lease structure is where the freehold interest is in the ownership of the leaseholders. In this situation the lessees benefit from control and even though a managing agent is usually retained where it is larger than a house conversion, the managing agent is directed by the tenants.