lenderpanel

Find a Grappenhall Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Grappenhall

Can you explain why leasehold purchase conveyancing in Grappenhall is more expensive?

In summary, leasehold conveyancing in Grappenhall and elsewhere usually warrants additional work compared to freehold conveyancing. This includes checking the lease terms, corresponding with the landlord about serving required notices, obtaining up-to-date service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.

Please explain the implications if my lawyer’s firm is removed from the RBS Conveyancing panel ahead of completing my conveyancing in Grappenhall?

First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

Are all Grappenhall Conveyancing Quality Solicitors on the Santander conveyancing panel?

Some major banks and building societies now use CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.

When it comes to mortgage companies such as Principality, do Grappenhall lawyers have to pay an annual charge to be on the list of approved solicitors?

We are unaware of any bank fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.

Is it the case that all Grappenhall solicitors on the Aldermore conveyancing panel are regulated by the SRA?

As a firm of solicitors, in order to be on the Aldermore conveyancing panel they would need to be governed by the SRA. The majority of banks do allow licenced conveyancers on their panel in which case such practice would be regulated by the Council of Licensed Conveyancers.

Have completed on a a detached house in Grappenhall , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Grappenhall conveyancing solicitor has been painfully slow, so I want to be certain that my ownership is registered.

As far as conveyancing in Grappenhall registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can adjust subject to who lodges the application, whether there are errors and if the Land registry must send notices to any 3rd persons or bodies. Currently in the region of 80% of such applications are completed within 12 days but some can be subject to extensive hold-ups. Historically registration takes place once the buyer has moved in to the property so an expedited registration is not usually top priority but where it is urgent that the the registration takes place urgently then you or your solicitor should speak with the land registry and explain the circumstances.

How does conveyancing in Grappenhall differ for new build properties?

Most buyers of new build property in Grappenhall come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because house builders in Grappenhall usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Grappenhall or who has acted in the same development.

Last updated

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