lenderpanel

Find a Canton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Canton

My fiance and I are hoping to acquire a property in Canton and are in fact using a Canton conveyancing practice. Within the past 48 hours our conveyancer has forwarded the sale agreement to be signed with a detailed report with the expectation that exchange is imminent. Alliance & Leicester have this morning contacted us to inform me that there is now an issue as our Canton solicitor is not on their approved list of lawyers. What do we do from here?

When purchasing a property with mortgage finance it is usual for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the lender’s conveyancing panel as you are at liberty to use your preferred Canton lawyers, in which case it will likely add costs, and it will likely delay the transaction as you have another set of people involved.

When it comes to lenders such as Clydesdale, do Canton solicitors have to pay an annual charge to be on the conveyancing panel?

We are not aware of any mortgage company fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.

We are getting a further advance on our mortgage from Leeds Building Society as we want to carry out a loft conversion to our property in Canton. Do we need to select a nearby Canton solicitor on the Leeds Building Society conveyancing panel to deal with the legals?

Leeds Building Society don't usually instruct a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Leeds Building Society conveyancing panel.

I have today made my last payment due on my mortgage with RBS. I assume I don't need a Canton lawyer on the RBS panel to remove the mortgage at the Land Registry. Am I right?

If you have finished paying off your RBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the RBS mortgage from the register. RBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

  1. but are not moving to another property
  2. where RBS has sent the Land Registry the discharge electronically, and
  3. RBS has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your RBS mortgage has been paid off.

About to purchase a new build apartment in Canton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Canton

    The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

Due to the advice of my in-laws I had a survey completed on a house in Canton in advance of retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some lenders will refuse to give a mortgage on such a house.

It varies from the lender to lender. Lloyds has different instructions from Nationwide. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Canton. Conveyancing may be slightly more expensive based on your lender's requirements.

I am 17 days into a leasehold purchase having been recommend to solicitors by the high street agent to handle our conveyancing in Canton. I am am starting to be disappointed with the level of service. Could you help me find new conveyancers?

A lawyer would need to be really bad in order to consider replacing them. Has your mortgage been sent? In the event that it has you must inform them of the new contact details and get the offer are re-sent. Your solicitor ideally needs to be on the banks panel to avoid supplemental costs and complications. So that should be your first question of the new lawyers. The find a solicitor tool will assist you in finding a bank approved lawyer for your conveyancing in Canton

Last updated

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