Find a Fernhill Heath Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Fernhill Heath

In what way does my ID and proof of funds have anything to do with my conveyancing in Fernhill Heath? What am I being asked for?

To satisfy the Money Laundering Regulations any Fernhill Heath conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account showing your correct address.

Under Money Laundering Regulations, conveyancing solicitors are duty bound to ascertain not only the identity of conveyancing clients but also the source of monies that they receive in respect of any matter. An unwillingness to disclose this may result in your solicitor cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers will have an obligation to notify the appropriate authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.

My Solicitor in Fernhill Heath has never been on on the Virgin Money Conveyancing Panel. Is it possible for me to retain my prefered solicitor notwithstanding that they are excluded from the Virgin Money approved list?

Your options are as follows:

  1. Carry on with your existing Fernhill Heath solicitors but Virgin Money will need to retain a solicitor on their list of acceptable firms. This will result in additional overall legal fees and cause frustration.
  2. Choose an alternative solicitor to to deal with the conveyancing, remembering to check they are Convince your solicitor to use their best endeavours to join the Virgin Money conveyancing panel

My relative recommended that where I am purchasing in Fernhill Heath I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

This is a search is usually included in the estimate for your Fernhill Heath conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Fernhill Heath around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Fernhill Heath Education with plans and statistics, Local Amenities and other useful information about Fernhill Heath.

I'm buying my first flat in Fernhill Heath with the aid of help to buy. The builders would not move on the amount so I negotiated £7000 of additionals instead. The sale representative suggested that I not to tell my conveyancer about this deal as it would put at risk my loan with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

My husband and I are first time buyers - agreed a price, but the estate agent told us that the seller will only issue a contract if we instruct the agent's preferred lawyers as they want an ‘expedited deal’. We would rather use a high street conveyancer used to conveyancing in Fernhill Heath

It is highly unlikely the vendors are behind this. If they require ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Try to communicate with the vendors directly and make sure they understand (a)you are motivated buyers (b)you are ready to progress, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)but you intend to appoint your preferred Fernhill Heath conveyancing solicitors - not the ones that will provide their negotiator at the agency a referral fee or meet his conveyancing thresholds pre-set by corporate headquarters.

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