Can conveyancing in Wembley Central to be concluded in under two weeks?
First, If the seller is applying time constraints to complete it is highly recommended that your lawyer is familiar with the area as they will make use of local connections and knowledge. It is possible that they could have transacted otherhouses in the same neighbourhood. You would be best advised to use a Wembley Central conveyancing lawyer. Second, be sure that the lawyer is on the lender panel. It is said that just under twenty per cent of Wembley Central conveyancing deals are frustrated or derailed after discovering a purchaser’s lawyer was not on their banks member panel. In many cases this discovery resulted in the legal transfer of property being delayed by almost three weeks. It is estimated that this issue impacts in the region of one hundred thousand home sales every year. Almost all Wembley Central conveyancing firms can not act for certain banks so do check as early as possible.
is it true that all Wembley Central solicitors on the Coventry BS conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Coventry BS conveyancing panel they would need to be overseen by the SRA. Some banks do allow licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Wembley Central building society branch on various occasions and was informed it wasn't an issue and they would lend. My Wembley Central conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
Provided that the conveyancing practitioner is on the mortgage company approved list, she or he must follow the CML Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
My offer was accepted on a property in Wembley Central on 17/9/2025, valuation was booked 3 days after, received a clean bill of health. Solicitor appointed, so all that was missing 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.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Wembley Central?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Wembley Central. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Wembley Central differ for new build properties?
Most buyers of new build or newly converted property in Wembley Central contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is completed. This is because developers in Wembley Central typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Wembley Central or who has acted in the same development.
Last May I purchased a leasehold property in Wembley Central. Do I have any liability for service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Notwithstanding our best endeavours, we have been unsuccessful in trying to purchase the freehold in Wembley Central. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most definitely. We can put you in touch with a Wembley Central conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Wembley Central residence is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case affected 1 flat. The number of years remaining on the existing lease(s) was 74 years.
Developers have suggested I use a property lawyer and I've obtained a quote from them. It's almost £250 cheaper than my preferred Wembley Central conveyancer. Should I use them?
Developers frequently have panels of property lawyers who are quick and who know the seller’s documentation and lawyer. As many developers offer an inducement to use their approved solicitor for this reason, any increased fees can be avoided and a developer will not put forward a conveyancing warehouse and run the risk of having the transaction stall when they need an exchange within a tight time frame. The argument for not agreeing to use the recommended conveyancing practitioner is that they may prove reluctant to 'push' your interests at the risk of alienating the housebuilder. Where you have concerns that this may be the case you should keep with your local Wembley Central solicitor.