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Find a Bromley Common Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Bromley Common

is it true that all Bromley Common conveyancing solicitors on the Bank of Ireland conveyancing panel are overseen by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Bank of Ireland conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Some banks do allow licenced conveyancers on their panel in which case such practice would be overseen by the Council of Licensed Conveyancers.

We previously appointed solicitors locally in Bromley Common on the Skipton solicitor approved list. They are now charging me a further amount for dealing with the Skipton mortgage. Is this a supplemental conveyancing fee specified by Skipton?

Provided it is contained in their Terms of Engagement or estimate then yes your solicitor is entitled to levy a fee for this. The charge is not dictated by Skipton but by your Bromley Common property lawyer. Numerous firms on the Skipton panel will quote an ‘acting for lender’ fee and others do not.

Completion of my remortgage has taken place for my property in Bromley Common. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?

Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.

How does conveyancing in Bromley Common differ for newly converted properties?

Most buyers of new build or newly converted property in Bromley Common come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Bromley Common typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bromley Common or who has acted in the same development.

I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Bromley Common is the location of the property. What do you suggest?

Flying freeholds in Bromley Common are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bromley Common you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bromley Common 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.

I am downsizing from my property. My previous solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Bromley Common if that affects matters.

Please use our search tool to help you find a solicitor for your conveyancing in Bromley Common. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.

My son is about to join the property ladder, the home loan was agreed last week in principle. When the seller agreed the offer on the flat we rang the mortgage institution to progress the mortgage application. We were shocked to hear that mortgage companies do not accept all lawyer, they must be on their panel, is this legal?

Banks tend to restrict either the type or the number of conveyancing firms on their panel. 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 Bromley Common 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? Presumably not.

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Neighbouring Locations

Bromley
Bromley
Bickley
Southborough
Hayes
Bromley Common
Keston
Locksbottom

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