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Find a Balsall Heath Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Balsall Heath

I am buying property in Balsall Heath. My Solicitor is not listed on the mortgage company approved panel. Is it possible for me to retain my Balsall Heath conveyancing solicitor even though they are excluded from the lender approved list?

One will need to instruct a property lawyer to deal with the formalities if you need a loan to buy your home. The solicitor will conduct all the appropriate investigations on the property, make sure that you will be registered as proprietor and ensure that all the required mortgage documentation is dealt with. One can select a Balsall Heath property lawyer of your choosing. Nevertheless, if the conveyancer appointed is not on the bank solicitor panel additional fees will be levied as separate legal representation will be required by them. Bank panel applications may be submitted, so provided your lawyer has not previously applied for membership they can do so.

I own a freehold residence in Balsall Heath but nevertheless invoiced for rent, why is this and what is this?

It’s unusual for properties in Balsall Heath and has limited impact for conveyancing in Balsall Heath but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.

We hope to to buy with Norwich and Peterborough Building Society. We have called around locally but cant to find a Balsall Heath conveyancing firm on the Norwich and Peterborough Building Society approved list. Could you assist?

Please do take advantage of the search tool on this site. Pick the mortgage company and type Balsall Heath or your preferred area and you will discover numerous conveyancers located in Balsall Heath or by proximity to you.

My bid for a property was accepted at auction in Balsall Heath. Conveyancing is necessary. What happens now?

Given that you have now to in every practical sense signed on the dotted line you should choose a conveyancing lawyer as a matter of priority as you will have a tight a drop dead date to complete the deal. An auction property will ordinarily have a bespoke legal set of papers. This will include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the legal papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You should give this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are organised to complete the transaction on the set completion date.

Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Balsall Heath. Do I pick up the keys to the premises on the completion date from my lawyer? If so, I will use a High Street conveyancing solicitor in Balsall Heath?

On the day of completion you will not be required to go to the conveyancers office in Balsall Heath. Your solicitors will transfer the completion advance to the seller's lawyers, and shortly after the monies have arrived, you should be called to collect the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.

Nationwide have agreed my mortgage in principle, my bid on a apartment in Balsall Heath has been accepted, what happens next?

The property agent will want to know who your solicitors are (ensure that the lawyers are on the bank’s panel). Call up Nationwide or the broker and finalise any outstanding forms. Nationwide will appoint a valuer who will get in contact with the estate agent or owners to book a slot for the valuation to take place. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. Nationwide will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Balsall Heath.

I was pointed in your direction by two or three local estate agents in Balsall Heath to select a property lawyer on your site. Is there a financial inducement for Estate Agents to recommend your lawyers over a competitor’s?

We refuse to offer any referral fee for sending work in our direction. We found it would be just too difficult to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.

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