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Find a Bletchley Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Bletchley

My husband and I are buying a 1 bedroom flat in Bletchley with a mortgage. We have a Bletchley lawyer, but the mortgage company says he's not on their "panel". It appears that we have no choice but to use one of the bank panel conveyancing practices or keep our Bletchley conveyancer as well as pay for one of their panel lawyers to represent them. We regard this is inequitable; can we not require that the mortgage company use our Bletchley conveyancing practitioner ?

Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Bletchley conveyancing solicitor to apply to be on the conveyancing panel.

At what point does exchange of contracts take place for domestic conveyancing in Bletchley and am I required to attend the conveyancers branch?

Where you are local to one of the conveyancing solicitors in Bletchley you are invited in to sign documents. That being said, the law practices we recommend offer countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when dealing with you digitally. The signing of the contract is not the critical part. A signed contract is necessary for the firm to address the formalities when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Bletchley)to be in the office available at the end of the phone to exchange contracts.

What is the difference between a licensed conveyancer and conveyancing solicitor in Bletchley

There are many registered licenced Conveyancers in Bletchley and Solicitor practices in Bletchley offering conveyancing It is important to make clear that both are regulated professionals specialising in the legal aspects of the home buying process. Both can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

I happen to be the only beneficiary of my late mum's estate and I have everything in my name alone, including the my former home in Bletchley. The Bletchley property was put into my name in August. I plan to dispose of the house. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership will be treated the same way as if I'd bought the house in August. Do I have to wait 6 months to sell?

The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. How sensible a view banks take of it, depend on the bank as this provision is chiefly there to identify the purchase and immediately sell or the flipping of property.

The mortgage over my property is with Bank of Ireland for my property in Bletchley. Conveyancing has been completed months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Bank of Ireland?

Bank of Ireland must be informed of your intention before renting your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Ireland directly. You need not do this via a Bank of Ireland conveyancing panel lawyer.

I have been on the look out for a ground for flat up to £305k and identified one round the corner in Bletchley I like with amenity areas and station nearby, however it's only got 61 years on the lease. I can't really find anything else in Bletchley for this price, so just wondered if I would be making a grave error buying a short lease?

If you need a home loan the shortness of the lease will be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.

I'm purchasing a apartment in Bletchley. I can find my conveyancer's company on the CLC list, but I can't see my lawyer's name as listed on the regulator's website. Is this a big problem?

Not all staff in the company must be listed by the regulator. As long there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unlicensed staff.

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