Find a Castle Donington Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Castle Donington

I was referred a lawyer who has sent a quote for £1400 for freehold conveyancing in Castle Donington. I’m hoping to downsize from a Victorian property for £125,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Castle Donington?

The quote is fractionally on the expensive side. If you shop around you may be able to decrease the fees slightly by say £125. On the other hand, you mightlive to rue choosing an a cheaper lawyer. Remember to enquire the conveyancer can represent your bank. You can use our search tool to get a quote a Castle Donington conveyancing firm on the lender’s conveyancing panel which can often include conveyancing solicitors in Castle Donington.

Do the Building Society Association intend to launch a online directory to list firms on the Melton Mowbray Building Society conveyancing panel for instance in Castle Donington?

We would not expect to be advised of any intention on the part of the BSA to promote such a search facility.

We previously instructed conveyancing lawyers located in Castle Donington on the Yorkshire BS solicitor approved list. They have just billed me an additional sum for handling the Yorkshire BS mortgage. Is this an additional conveyancing fee set by Yorkshire BS?

As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner can charge a fee for this. This fee is not dictated by Yorkshire BS but by your Castle Donington property lawyer. Plenty of firms on the Yorkshire BS panel will charge ’dealing with mortgage’ fee but plenty of practices include it on their overall fee.

I have decided to exercise my right to buy my property in Castle Donington off the council. I have a mortgage agreed with Nottingham. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nottingham, you will need to appoint a solicitor on the Nottingham conveyancing panel.

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

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

I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a quick, chain free conveyancing. Castle Donington is the location of the property. Is there any advice you can give?

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

Our lawyer in Castle Donington has identified a a problem with the lease for the apartment we are purchasing in Castle Donington. The seller’s lawyers have offered defective title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor says that as he is on the mortgage company conveyancing panel he must check that the lender is happy with this solution. Who is the client here, us or the lender?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. A precondition to being on the mortgage company approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

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Neighbouring Locations

Aston on Trent
Long Eaton
Castle Donington

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