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Find a Frenchay Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Frenchay

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

In order to comply with Money Laundering Regulations any Frenchay conveyancing firm will require evidence of your identity in all conveyancing transactions. This is usually dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.

In accordance with Money Laundering Regulations, conveyancing solicitors are obliged by law to ascertain not only the ID of conveyancing clients but also the origin of monies that they receive in respect of any matter. Refusal to disclose this may result in your conveyancer ending their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

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

We previously appointed conveyancing lawyers locally in Frenchay on the Clydesdale solicitor approved list. They are now charging me a supplemental charge for handling the Clydesdale mortgage. Is this an additional conveyancing fee specified by Clydesdale?

As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your property lawyer can charge a fee for this. The fee is not dictated by Clydesdale but by your Frenchay solicitor. Plenty of firms on the Clydesdale panel will quote an ‘acting for lender’ fee and others do not.

I have decided to exercise my right to buy my property in Frenchay off the council. I have a mortgage agreed with UBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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.

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

Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.

I am buying a new build house in Frenchay benefiting from help to buy. The sellers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not reveal to my solicitor about this deal as it will jeopardize my loan with the bank. Is this normal?.

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.

I opted to have a survey done on a house in Frenchay ahead of instructing lawyers. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some lenders will not grant a loan on a flying freehold house.

It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to call us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Frenchay. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Frenchay to see if the conveyancing will be more expensive.

Am I best advised to instruct a Frenchay conveyancing lawyer in close proximity to the house I am purchasing? An old friend can perform the legal formalities however his firm is located approximately 350kilometers drive away.

The benefit of a local Frenchay conveyancing firm is that you can visit the firm to sign documents, hand in your identification documents and apply pressure on them where appropriate. They will also have local insight which is a plus. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and in the main were impressed that must trump using an unknown Frenchay conveyancing lawyer solely due to them being round the corner.

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