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Find a Haslington Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Haslington

I am selling my home in Haslington and the estate agent has just text me to advise that the purchasers are switching conveyancer. The reason given is that the mortgage company will only deal with property lawyers on their approved list. Why would a major lender only work with certain law firms rather the firm that they want to appoint for their conveyancing in Haslington ?

Mortgage companies have always had an approved set of law firms that can act for them, but in the past few years big names such as HSBC, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for over 25 years.

Lending institutions justify this action to a rise in fraud as the reason for the pruning – criteria have been narrowed as a smaller panel is easier to keep an eye on. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is being contacted daily by practices that have been removed from panels. Some are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your purchasers are not going to have any impact on this.

My fiance and I are refinancing our apartment in Haslington with Clydesdale. We have a son approaching twenty who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of concerns (1) Is this document specific to the Clydesdale conveyancing panel as he did not need to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?

First, rest assured that your Clydesdale conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Clydesdale. This is solely used to protect Clydesdale if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Clydesdale had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

I can see plenty of here regarding conveyancing in Haslington but what is your top tip for finding the right conveyancer in Haslington

It would be unwise to be seduced by the cheapest Haslington conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.

I am purchasing a property in Haslington. A rare aspect is that the roof has a solar panel. Nottingham have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As your lender is Nottingham your lawyer must follow the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook contains minimum conditions for solar panel roof-space leases, and solicitors are required to report to Nottingham where a lease does not satisfy these requirements. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Haslington.

I had an offer accepted on a property in Haslington on 15/8/2022, valuation was booked 4 days later, received a clean bill of health. Solicitor appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Kent Reliance and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Kent Reliance conveyancing panel. Are Kent Reliance entitled to hold back the Mortgage pending the lawyer being on the approved list?

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

How does conveyancing in Haslington differ for newly converted properties?

Most buyers of new build or newly converted property in Haslington contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is completed. This is because house builders in Haslington tend to purchase 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 conveyancers 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 accustomed to new build conveyancing in Haslington or who has acted in the same development.

I have been on the look out for a flat up to £305k and found one close by in Haslington I like with amenity areas and transport links in the vicinity, the downside is that it's only got 52 years on the lease. There is not much else in Haslington for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.

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