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Find a Ashbourne Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Ashbourne? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Ashbourne home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Ashbourne conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Ashbourne

When it comes to lenders such as Nottingham, do Ashbourne solicitors face a yearly amount to be on the conveyancing panel?

We are not aware of any mortgage company fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.

I am selling my flat. I had a double glazing fitted in December 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, RBS are being difficult. The Ashbourne solicitor who is on the RBS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but RBS are requiring a building regulation certificate. Why do RBS have a conveyancing panel if they don't accept advice from them?

It is probably the case that RBS have referred the matter to their valuer. The reason why RBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

My offer was accepted on a property in Ashbourne on 24/5/2024, valuation was booked 4 days after, received a clean bill of health. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to Bank of Ireland and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Bank of Ireland conveyancing panel. Are Bank of Ireland entitled to hold back the Mortgage pending the lawyer being on the approved list?

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

My colleague recommended that if I am purchasing in Ashbourne I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is usually included in the estimate for your Ashbourne conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Ashbourne around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Ashbourne Education with maps and statistics, Local Amenities and other useful information regarding Ashbourne.

Due to the advice of my in-laws I had a survey completed on a property in Ashbourne in advance of instructing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks may not grant a mortgage on a flying freehold premises.

It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Ashbourne. Conveyancing will be smoother if you use a solicitor in Ashbourne especially if they are acquainted with such properties in Ashbourne.

What makes a Ashbourne lease defective?

Leasehold conveyancing in Ashbourne is not unique. All leases are drafted differently and legal mistakes in the legal wording can result in certain sections are not included. The following missing provisions could result in a defective lease:

    Insurance obligations A provision for the recovery of money spent for the benefit of another party.

You will have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Yorkshire Building Society, Chelsea Building Society, and Clydesdale all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to withdraw.

I invested in buying a leasehold flat in Ashbourne, conveyancing formalities finalised 9 years ago. How much will my lease extension cost? Similar properties in Ashbourne with a long lease are worth £180,000. The ground rent is £65 per annum. The lease terminates on 21st October 2082

You have 58 years unexpired we estimate the price of your lease extension to span between £22,800 and £26,400 plus legals.

The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.

My step-son is embarking on her first house purchase, he had his mortgage in principle. After the seller agreed the offer on the house we telephoned the mortgage company to go forward with his. I was disappointed to hear that mortgage companies do not accept all lawyer, they need to be on their approved list, is this legal?

Lenders normally restrict either the type or the number of conveyancing firms on their approved list of lawyers. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Ashbourne lawyer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Presumably not.

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Find out more about how flying freehold can affect your the value of a property.