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Find a Borrowash Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Borrowash

My partner and I are purchasing a newly built duplex in Borrowash and my lawyer is informing me that she is duty bound to the mortgage company to reveal incentives from the builder. I am on a tight deadline to exchange and I don't want to prolong the conveyancing. Is my lawyer right?

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

What does my ID and proof of funds have anything to do with my conveyancing in Borrowash? Why is this being asked of me?

You are right in the requirement set out by your lawyer has nothing to do with conveyancing in Borrowash. Nowadays you will not be able to complete any conveyancing deal without first supplying proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a bank statement. Please note that if you are providing your driving licence as evidence of identification it must be both the paper part and photo card part, one is not satisfactory without the other.

Verification of your origin of money is necessary in accordance with the Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer will need to retain this information on record. Your Borrowash conveyancing solicitor will need to see evidence of proof of funds before they are able to accept any funds from you into their client account and they should also ask further queries concerning the source of funds.

I understand that there are debates on Chancel Insurance on online forums. Do I need this when purchasing a property in Borrowash? or Apparently there is historic law that could mean that homeowners residing in a parish church boundary may be liable to pay for repairs to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Borrowash?

Unless a previous purchase of the property took place after 12 October 2013 you could expect solicitors conducting conveyancing in Borrowash to continue to propose a a chancel search and or chancel repair liability policy.

Despite weeks of looking the Title Certificate and documents to my home can not be found. The lawyers who handled the conveyancing in Borrowash 10 years ago are no longer around. What are my options?

These day there are copies made of almost everything, and your lawyer should be aware exactly where to find all the suitable paperwork so you can purchase or dispose of your house without a hitch. Where duplicates can’t be found, your solicitor may be able to arrange cover in the form of insurance or indemnities protecting you against future claims on the property.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Borrowash is where the house is located. Can you offer any guidance?

Flying freeholds in Borrowash are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Borrowash you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Borrowash may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

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