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Find a Lea Bridge Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Lea Bridge

I can't travel far from Lea Bridge. What is the rationale as to why all Lea Bridge lawyers are not on all mortgage company panels?

Pre- 2008 most banks displayed an attitude to risk which is different from today. The financial regulator in 2010 carried out a thematic review into mortgage fraud which in summary warned lenders: know the solicitors on your panel. Consequently, banks have subsequently looked to extract more data from law firms regarding their operations and the staff who work for them and set certain criteria such as completing a minimum amount of transactions. Hundreds of law practices have been removed from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms were never going to satisfy the minimum volume of transactions the mortgage companies set.

Do commercial conveyancing searches reveal impending roadworks that may impact a commercial estate in Lea Bridge?

Its becoming the norm that commercial conveyancing solicitors in Lea Bridge will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Lea Bridge. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Lea Bridge.

For each commercial conveyancing transaction in Lea Bridge it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may result in delays to Lea Bridge commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Lea Bridge.

Just acquired a detached house in Lea Bridge , What is the estimated time for the Land Registry to register the transfer to my name? My Lea Bridge conveyancing solicitor works at snail pace, so I want to be certain the registration formalities are concluded.

As far as conveyancing in Lea Bridge registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can vary depending on who lodges the application, whether it is in order and if the Land registry must send notices to any interested persons or bodies. At present in the region of three quarters of such applications are fully addressed within 12 days but some can be subject to protracted hold-ups. Registration takes place after the buyer is living at the premises so an expedited registration is not usually top priority but if it is urgent that the the registration takes place urgently then you or your solicitor should contact the land registry and explain the circumstances.

Due to the guidance of my in-laws I had a survey completed on a house in Lea Bridge before appointing lawyers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some mortgage companies may not issue a mortgage on this type of premises.

It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Lea Bridge. Conveyancing may be slightly more expensive based on your lender's requirements.

How simple is it to use the search facility to find a conveyancing solicitor in Lea Bridge on the authorised to act for my lender?

First choose a lender such as Barclays , Norwich and Peterborough Building Society or TSB then type in your preferred area for instance Lea Bridge. Conveyancing practices in Lea Bridge and further afield should be listed.

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Neighbouring Locations

Upper Clapton
Clapton
Lea Bridge
Homerton
Lower Clapton

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