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Find a Ferndown Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Ferndown

Are the Ferndown conveyancing solicitors identified as being on the Nationwide conveyancing panel, together with their details provided by Nationwide?

Ferndown conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.

I have decided to exercise my right to buy my property in Ferndown off the council. I have a mortgage offer with UBS. 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 have 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 UBS, you will need to appoint a solicitor on the UBS conveyancing panel.

It is unclear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Ferndown building society branch on various occasions and was told it does not affect the mortgage offer and they will lend. My Ferndown conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they will not lend based on their published requirements. I have no idea who is right.

Your lawyer has to comply with the CML Handbook section two specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I was told three weeks ago that my mortgage has been agreed to by Santander. Is it usual for Santander to only issue the offer once my solicitor in Ferndown is approved on their conveyancing panel? Santander have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

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 Santander to deal with your lawyer's application to be on the Santander conveyancing panel. There's no guarantee that your solicitor will be accepted.

Over the last few months I have been searching for a ground for flat up to £195,000 and found one near me in Ferndown I like with open areas and transport links in the vicinity, however it's only got 51 remaining years left on the lease. There is not much else in Ferndown in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

If you need a mortgage the shortness of the lease may be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.

My husband and I are one month into a leasehold purchase having been referred to conveyancers by the local agent to carry out the conveyancing in Ferndown. We are not happy. Could you help me find new solicitors?

They would have to be very poor to suggest diss instructing them. Has your mortgage been sent? If so you will need to inform them of the new contact details and have the offer are re-sent. Your solicitor ideally needs to be on the mortgage company panel to avoid escalating charges and frustration. That should be your first question of the new conveyancers. The find a solicitor tool should help you find a bank approved solicitor for your conveyancing in Ferndown

I'm selling a flat in Ferndown. I can find my conveyancer's company on the CLC list, but I can't see my lawyer's name as listed on the regulator's website. Should I be concerned?

Not every individual in the law firm must be listed by the regulator. As long there is someone qualified to 'oversee' the work, the actual day-to-day activity can be undertaken by unqualified staff.

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