lenderpanel

Find a Braunton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Braunton

I am hoping to receive a mortgage with Lloyds. I hope to employ the services of a Licensed Conveyancer in Braunton. Does the Lloyds Solicitor panel exclude Licensed Conveyancers?

The Lloyds approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

I have given 2 months notice to my existing landlord and must be out of my rented flat in Braunton by 5/7/2024. Conveyancing on my purchase is progressing. Is it possible to complete in 4 weeks as don't want to have to move into short term accommodation?

It is unwise to provide notice for your lease unless you have exchanged. If you have not previously done so, contact to your conveyancer and request that they cajole the sellers side, try to get a realistic time scale from them that all parties will look to achieve

I am purchasing a new build house in Braunton with the aid of help to buy. The developers would not reduce the amount so I negotiated £7000 of extras instead. The house builders rep advised me not to tell my conveyancer about the extras as it will impact my loan with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Due to the encouragement of my in-laws I had a survey completed on a house in Braunton ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies may refuse to give a loan on this type of property.

It varies from the lender to lender. HSBC has different requirements from Nationwide. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Braunton. Conveyancing will be smoother if you use a solicitor in Braunton especially if they are acquainted with such properties in Braunton.

Should I stop my mortgage payments with Barclays as soon as a completion date for my sale in Braunton has been set?

No, you should maintain meeting any mortgage payments to Barclays pending the mortgage being redeemed from the proceeds of sale as part of your Braunton conveyancing.

Last updated

Neighbouring Locations

Woolacombe
Ilfracombe
Braunton
Barnstaple
Bideford
Torrington

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