I can't travel far from Fenham. Is there a reason why all Fenham solicitors aren't included on all lender panels?

Lenders normally restrict either the type or the number of conveyancing firms on their approved list of lawyers. Frequent examples of such restriction(s) being that a practice is required to have at least two partners. In addition to restricting the type of firm, some banks decided to restrict the number of organisations they permit to represent them. It is worth noting that building societies have no liability for the quality of conveyancing given by any Fenham conveyancer on their approved list. Mortgage fraud was the primary trigger for the reduction of solicitor panels from 2008 even though there are opposing thoughts about whether solicitors sat at the center of that fraud. Data via HM Land Registry reveal that thousands of law practices only carry out less than three conveyances a year. Those advocating conveyancing panel consolidation ask why law firms should have any entitlement to remain on a lender panel when clearly property law is not their primary expertise?

My partner and I are only a couple days away from an exchange on a property in Fenham and my parents have transferred the 10% deposit to my property lawyer. I am now advised that as the deposit has not come from me my property lawyer needs to disclose this to my bank. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?

Your property lawyer is duty bound to check with lender to ensure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

Just had an offer accepted on a new build flat in Fenham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Fenham

The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan.

Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Fenham is where the house is located. What do you suggest?

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

What tools are available to search for a Fenham solicitor on the Barclays Direct conveyancing panel? I am a keen cyclist and am happy to travel upto 20miles to meet the conveyancer.

Feel free to make use of the search on this page. Please choose the mortgage company and your location and you will see a number of Fenham conveyancing lawyers located nearest you. We have detailed some Fenham conveyancing firms at the bottom of this page and you can ring them to verify if they are on the Barclays Direct approved list