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Find a Broadstone Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Broadstone

My wife and I are acquiring a newly built flat in Broadstone and my conveyancer is advising me that she has to the bank to disclose incentives from the builder. The Estate Agents are hassling me to sign contracts and my preference is not to delay matters. Is my lawyer right?

You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank 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.

How up to date is your database of Broadstone solicitors on the TSB conveyancing panel? Do TSB send you an updated list?

Broadstone conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.

We are buying a end of terrace house in Broadstone. We would like to carry out a loft conversion at the house.Will the conveyancing process include investigations to ascertain if these alterations are permitted?

Your solicitor will check the deeds as conveyancing in Broadstone can occasionally identify restrictions in the title documents which prevent certain works or necessitated the consent of a 3rd party. Some extensions call for local authority planning permissions and approval in compliance with building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.

I recently had an offer agreed on an apartment in Broadstone. My financial adviser recommended their conveyancers. I paid an upfront payment of £200. A few days later, the property lawyer contacted me embarrassingly acknowledging that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I was told four weeks ago that my mortgage has been agreed to by RBS. Is it usual for RBS to only issue the offer once my solicitor in Broadstone is approved on their conveyancing panel? RBS have asked my solicitor to see a copy of their PI Insurance.

A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.

Should our conveyancer be asking questions about flooding as part of the conveyancing in Broadstone.

Flooding is a growing risk for conveyancers conducting conveyancing in Broadstone. There are those who purchase a house in Broadstone, completely aware that at some time, it may be flooded. However, aside from the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.

Lawyers are not best placed to offer advice on flood risk, however there are a numerous searches that can be carried out by the purchaser or by their solicitors which will give them a better appreciation of the risks in Broadstone. The standard completed inquiry forms sent to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the vendor to determine whether the property has ever been flooded. In the event that the premises has been flooded in past and is not disclosed by the owner, then a buyer may issue a compensation claim as a result of such an incorrect response. A purchaser’s solicitors should also order an environmental report. This should reveal if there is any known flood risk. If so, further investigations will need to be made.

I have been on the look out for a ground for flat up to £235,500 and identified one close by in Broadstone I like with amenity areas and station nearby, however it's only got 61 years unexpired on the lease. There is not much else in Broadstone in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

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