Find a Flitwick Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Flitwick

I can't travel far from Flitwick. Please explain the reason why all Flitwick conveyancing practitioners are not on all lender panels?

A decade ago most mortgage companies displayed an approach to risk which is different from today. The financial regulator in 2010 instigated a thematic review into property fraud which concluded: know the property lawyers on your panel. Accordingly, mortgage companies have subsequently requiredmore data from law firms about their operations and the staff employed by them and set certain criteria such as completing a minimum amount of transactions. Many law practices have been removed from lender panels even though they had an exemplary track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms were never going to meet the minimum amount of transactions the mortgage companies set.

I decided to have a survey completed on a house in Flitwick before appointing solicitors. I have been informed that there is a flying freehold overhang to the house. My surveyor advised that some banks will not issue a mortgage on a flying freehold premises.

It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you contact us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Flitwick. Conveyancing will be smoother if you use a solicitor in Flitwick especially if they are acquainted with such properties in Flitwick.

Do I need to be wary about brokers that I am dealing with are encouraging me to use a factory type conveyancing firm as opposed to a local Flitwick conveyancing firm?

As is the case with lots of service providers, often input from connections can be worth their weight in gold. Nevertheless there are numerous players in a conveyancing deal; estate agents, financial adviser and mortgage companies may recommend conveyancers to choose. On occasion the conveyancers might be known to one of the organisations as experts in their field, but sometimes there may be a financial incentive behind the endorsement. You have the discretion to choose your preferred lawyer. However, bear in mind that some mortgage providers have an approved list of conveyancers you have to use for the mortgage related work in your home move.

I am thinking of appointing a conveyancing practitioner in Flitwick for my home move. Is there any facility to review a solicitor's complaints history with the legal regulator?

One may search for published Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after Jan 2008. Visit Check a solicitor's record. For records Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training reasons.

When it comes to my conveyancing in Flitwick should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee

(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Flitwick conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancing practitioner's time in submitting the funds this way.

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