Find a Boscombe Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Boscombe

Do the conveyancing lawyers that you recommend execute conveyancing in Boscombe by way of an attended exchange?

There are a few conveyancing experts carrying out 24hr exchanges. You should call us to secure a costs illustration and details as to dates.

A colleague informed me that in purchasing a property in Boscombe there may be various restrictions affecting the ability to carry out external changes to a property. Is this right?

We are aware of a number of properties in Boscombe which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Boscombe should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

My wife and I have organised the release of further funds on our mortgage from Virgin Money as we intend to conduct a loft conversion to our house in Boscombe. Do we need to appoint a nearby Boscombe solicitor on the Virgin Money conveyancing panel to handle the legals?

Virgin Money don't usually appoint a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money conveyancing panel.

Nottingham have agreed my mortgage in principle, my offer on a property in Boscombe has been agreed to, now what?

The property agent will wish to know who your solicitors are (ensure that the conveyancers are on the lender’s approved list). Call up Nottingham or the financial adviser and finish off any appropriate paperwork. Nottingham will appoint a valuer who will get in touch with the estate agent or seller to arrange an appointment. Once carried out (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Nottingham will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Boscombe.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Boscombe is where the house is located. Is there any advice you can impart?

Flying freeholds in Boscombe are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Boscombe you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Boscombe may determine 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 property.

My cousin has suggested that I use his lawyers for conveyancing in Boscombe. Should I find my own solicitor?

No doubt the best way to choose a conveyancing practitioner is to get recommendations from friends or family who have experience in using the solicitor that you are contemplating using.

My son is embarking on her first house purchase, the home loan was agreed last week in principle. When the offer was accepted on apartment we rang the mortgage company to progress the mortgage application. We were shocked to learn that mortgage companies do not accept all solicitor, they have to be on a list, is this legal?

Mortgage Companies ordinarily imposes restrictions either the type or the number of conveyancing practices 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 banks have no responsibility for the quality of advice provided by any Boscombe solicitor 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? Probably not.

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