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Find a Canvey Island Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Canvey Island

I was told today by my broker that my Canvey Island the law firm I have appointed is not on the bank Solicitor panel. What can I do to check?

Your first step should be to call your Canvey Island conveyancer. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they may be able to suggest a Canvey Island conveyancing practice that is on the approved list of lawyers for your lender.

My lawyer has identified a defect with the lease for the apartment we are purchasing in Canvey Island. The seller’s lawyers have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our property lawyer has advised that he must ensure that the mortgage company is happy with this solution. Are we the client or is the lender?

Notwithstanding that you have a mortgage offer from the lender does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the bank are the client. The appropriate lender conditions have to be complied with.

My wife and I are selling our home in Canvey Island and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. A local conveyancer would know this is not the case. It does beg the question why the buyers used a web based conveyancing outfit as opposed to a conveyancing solicitor in Canvey Island. We have lived in Canvey Island for 5 years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.

It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)

I am purchasing my first flat in Canvey Island benefiting from help to buy. The builders would not reduce the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent suggested that I not inform my lawyer about the side-deal as it could jeopardize my loan with the bank. 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.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Canvey Island is the location of the property. What do you suggest?

Flying freeholds in Canvey Island are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Canvey Island you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Canvey Island 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 residence.

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