Am I correct in assuming that the fact that my conveyancer in Corbridge is not identified on my lender's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
That is more than likely a wrong assumption to make. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should contact the Corbridge conveyancing practice and enquire why they are no longer on the approved list for your bank.
My solicitor has identified a a legal deficiency with the lease for the flat we are buying in Corbridge. The other side have put forward defective title insurance as a solution. We are content with insurance and will pay for it. Our lawyer has advised that he must be satisfied that the lender is happy with this solution. Are we the client or is the bank?
Even though you have a mortgage offer from the bank does not mean to say that the property will meet their conditions 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. These conveyancing instructions must be adhered to.
About to place a bid on a leasehold property in Corbridge. The estate agents advise that it is the norm for flats in Corbridge to have less than 75 years left on the lease. I am expecting a loan with Bank of Ireland. Will the property be mortgageable given that the lease has Seventy One years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 12/12/2025 the requirements read as follows :
Despite weeks of looking the Title Certificate and documents to my property can not be found. The lawyers who dealt with the conveyancing in Corbridge 4 years ago have long since closed. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your lawyer will know exactly where to look for all the suitable paperwork so you may buy or sell your house without a hitch. If duplicates are not available, your lawyer can put in place insurance or indemnities protecting you against possible claims on the property.
What does commercial conveyancing in Corbridge cover?
Commercial conveyancing in Corbridge incorporates a wide range of advice, given by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.