My IFA has requested my Upper Tean law firm’s panel reference for the Santander conveyancing panel. How do I find this out. I have tried my local Upper Tean office but they cant find it on their system.

Have you tried calling your Upper Tean solicitor about this?. They should have a central record lender panel numbers.

My husband and I are buying a new build flat in Upper Tean and my lawyer is advising me that she is duty bound to the bank to reveal incentives from the seller. I am nearing the developer’s deadline to exchange contracts and I would rather not delay matters. Is my lawyer right?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I am looking for a leasehold apartment up to £245,000 and found one close by in Upper Tean I like with amenity areas and station nearby, however it only has 51 years on the lease. There is not much else in Upper Tean in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?

Should you require a mortgage the remaining unexpired lease term will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.

How straightforward is it to use the search app to find a conveyancing solicitor in Upper Tean on the panel for my mortgage?

First select a mortgage company such as HSBC Bank, The Royal Bank of Scotland or Alliance & Leicester then type in your location for instance Upper Tean. Conveyancing firms in Upper Tean and beyond will then be shown.

I am on look out for some leasehold conveyancing in Upper Tean. Before I get started I require certainty as to the unexpired term of the lease.

If the lease is registered - and 99.9% are in Upper Tean - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Upper Tean Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing

How many years remain on the lease? Best to be warned whether window replacement or some other major work is pending that will be shared by the leasehold owners and will dramatically impact the level of the maintenance charges or necessitate a one time invoice. What prohibitions are there in the Upper Tean Lease?