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Find a Gurnard Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Gurnard

My fiance and I are looking to acquire a house in Gurnard and have appointed a Gurnard conveyancing firm. Within the last couple of days our solicitor has forwarded the sale agreement to be signed with a detailed report in anticipation of exchanging contracts shortly. The Mortgage Works have this evening contacted us to inform me that there is now an issue as our Gurnard solicitor is not on their conveyancing panel. What do we do from here?

If you are buying a property with the assistance of a mortgage it is normal for the purchasers' lawyers to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Gurnard solicitors, in which case it will likely add costs, and it will likely delay the transaction as you are adding another lawyer into the mix.

Our lender has suggested solicitors on their panel based in Gurnard but I would rather choose a conveyancing lawyer in Gurnard local to me. Can you assist?

Not all Gurnard conveyancing practitioners are approved and listed on all lender’s conveyancing panel. Please make the most of the above search tool to find a Gurnard conveyancing solicitor on the on the lender panel.

I have a semi-detached Edwardian property in Gurnard. Conveyancing solicitor represented me and TSB. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching property. Is it worth asking TSB to clarify?

You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Gurnard and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing lawyer who carried out the work.

I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a simple, chain free conveyancing. Gurnard is the location of the property. Can you offer any guidance?

Flying freeholds in Gurnard are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Gurnard you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Gurnard may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

Midway through the sale of a leasehold flat in Gurnard. Conveyancing is fine but we have been asked to pay an extortionate amount by the managing agents. To date we have issued a cheque for £225 for a leasehold management information and then another £118 for responses to queries raised by the buyers conveyancing practitioner.

You will not have control over the extent of the charges for this information but the typical fee for the information for Gurnard leasehold property is £380. When it comes to Gurnard conveyancing transactions it is usual for the seller to pay for these costs. The landlord or their agents are under no statutory obligation to address such questions although many will be content to do so - albeit often at high prices where the fees bear little relation to the work involved. Regretfully there is no legislation that mandates fixed fees for administrative tasks. There is no legal time limit by which they are obliged to issue the information.

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