My husband and I are hoping to acquire a property in Market Drayton and are in fact using a Market Drayton conveyancing practice. Within the past 48 hours our property lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Godiva Mortgages Ltd have this morning contacted us to inform me that they have now hit a problem as our Market Drayton conveyancer is not on their approved list of lawyers. Is this a problem?

When purchasing a property with the benefit of a mortgage it is usual for the purchasers' lawyers to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel as you are at liberty to use your preferred Market Drayton lawyers, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.

Can the conveyancing solicitors identified via your search tool conduct auction conveyancing in Market Drayton?

We know of a few niche practitioners we can connect you with those specialising in auction conveyancing. Market Drayton is one of the many areas of where our lawyers have a presence.

Can your site be used to locate a Conveyancing solicitor in Market Drayton even where I’m not buying or disposing of a house, for instance where I want to acquire a shop in Market Drayton with a loan from The Royal Bank of Scotland?

Our comparison service is primarily there to find residential conveyancing solicitors in Market Drayton but we have recorded at the bottom of this page a selection of Market Drayton commercial conveyancing firms. You will need to enquire with the firm directly to check if they are also authorised to represent The Royal Bank of Scotland

Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Market Drayton?

There are two types of lawyers who can conduct conveyancing in Market Drayton namely CLC regulated conveyancers or solicitors. The two can provide the legal services that you need to complete the sale or purchase of property. They are both duty bound to execute Market Drayton conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be properly administered and that all necessary steps will be accurately attended to.

Planning on purchasing a flat in Market Drayton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Market Drayton conveyancer is on the Barclays conveyancing panel.

I was told four weeks ago that my mortgage has been agreed to by Barclays. Is it usual for Barclays to only issue the offer once my solicitor in Market Drayton is approved on their conveyancing panel? Barclays have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.

Just had an offer accepted on a new build apartment in Market Drayton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Market Drayton

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?