My partner’s brother is a conveyancer. I anticipate that I will receive preferential rates for conveyancing, However if that does not come through, what kind of figure would I typically be looking at for conveyancing in Paddock Wood?
It’s advisable to look for multiple conveyancing quotes. Make use of our search tool on this site. The charges do vary but service levels do are distinct between property lawyers as is the case with most professions.
I sincerely hope you can assist me. My Paddock Wood solicitor is advising me that she is duty bound toorder Paddock Wood conveyancing searches asthe firm are on the Lloydssolicitor panel. Do I not have any say here?
Unfortunately both you and your lawyer have little choice here. As you are obtaining a home loan with a bank your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the CML Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out Paddock Wood conveyancing searches.
I am considering applying for a Co-operative mortgage for purchase of a newly converted (under development) in Paddock Wood with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Co-operative ?
There is nothing to stop you using your solicitor, but Co-operative will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
We had chosen conveyancing lawyers located in Paddock Wood on the Principality solicitor panel. They have just billed me a separate fee for handling the Principality mortgage. Is this an additional conveyancing fee set by Principality?
Unfortunately, so long as it is in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to levy a fee for this. This fee is not dictated by Principality but by your Paddock Wood solicitor. Numerous firms on the Principality panel will levy ’dealing with mortgage’ fee and others do not.
We have agreed to purchase a house in Paddock Wood. One unusual aspect is that the roof has a solar panel. TSB have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with TSB your lawyer must check the formal instructions set out in Part 2 of UK Finance Lenders’ Handbook for TSB. The CML Handbook contains minimum conditions for solar panel roof-space leases, and property lawyers are required to report to TSB where a lease fails to comply with these requirements. The requirements relate to the installation of panels on properties in England and Wales and is not restricted to Paddock Wood.
My offer was accepted on a property in Paddock Wood on 2/4/2025, valuation was booked 3 days after, received a clean bill of health. Property lawyer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to TSB and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the TSB conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am looking for a ground for flat up to £245,000 and found one round the corner in Paddock Wood I like with amenity areas and railway links nearby, however it's only got 52 years unexpired on the lease. There is not much else in Paddock Wood in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a mortgage the shortness of the lease may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
How does the Landlord & Tenant Act 1954 impact my business property in Paddock Wood and how can you help?
The 1954 Act affords security of tenure to business leaseholders, giving them the a statutory right to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Paddock Wood is one of the hundreds of areas of the UK in which our lawyers are located