Find a Farnham Royal Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Farnham Royal

The sellers of the house we are looking to purchase hired a conveyancing solicitor in Farnham Royal who has suggested a lock out contract with a payment two thousand pounds. Are such agreements sensible?

There are a couple of primary downsides with entering into any lock out contract (sometimes known as a no-shop agreement) is that it takes away the focus from making progress with the conveyancing work, so in the absence of it needing little or no negotiation then it could transpire to be a cause of frustration and delay. It is not promoted amongst Farnham Royal conveyancing solicitors for this reason. A further issue is the extent of the remedies available - a jilted purchaser is very unlikely to be granted injunctive relief to prevent the seller selling to an alternative purchaser, so the only remedy open via the contract will be the reimbursement of wasted charges and, in rare circumstances, the extra payment of penalties.

Do I select a Licenced Conveyancer or Solicitor for conveyancing in Farnham Royal?

There are many registered licenced Conveyancers in Farnham Royal and Solicitor firms in Farnham Royal to choose from We would stress that both are regulated professionals specialising in the legal work in transferring property. Both can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.

My uncle informed me that in purchasing a property in Farnham Royal there could be various restrictions prohibiting external alterations to the property. Is this right?

We are aware of a number of properties in Farnham Royal which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Farnham Royal should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Is it the case that all Farnham Royal solicitor practices on the Nationwide conveyancing panel are overseen by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the Nationwide conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. The majority of mortgage companies do allow licenced conveyancers on their panel and in that case the organisation would be governed by the CLC.

Due to the encouragement of my in-laws I had a survey completed on a property in Farnham Royal ahead of instructing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor advised that some lenders tend refuse to give a loan on this type of property.

It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Farnham Royal. Conveyancing may be slightly more expensive based on your lender's requirements.

Is it possible to swap firm as I have to select one who is on the Barclays Direct conveyancing list. I hired a local conveyancing solicitor in Farnham Royal round the corner but he is not approved by Barclays Direct

We will our best to assist in finding you a conveyancing solicitor in Farnham Royal on the Barclays Direct panel. Please note that the property lawyers that we list do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Farnham Royal. Using search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Farnham Royal.

My conveyancers in Farnham Royal have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a number of years?

It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the bank directly.

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