Find a Lifton Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Lifton

We have very assertive sellers who has insisted on a lock out agreement with a deposit of 5k. Are such agreements sensible?

Lock out agreements are agreements binding a home vendor and prospective acquirer granting the buyer exclusive rights to the sale of the property for a certain period of time. For all intents and purposes, a lock out agreement is a contract specifying that you should be issued with a contract at a later date being the main conveyancing contract. It is generally utilised for buyer assurance though in some cases, the owner may enjoy an upside from such agreements as well. There are various pros and cons to using an agreement but you need to check with your lawyer but note that it may end up costing you extra in conveyancing fees. In light of this these agreements are not popular when it comes to conveyancing in Lifton.

Is there a search tool that I can use to check that the solicitor carrying out my conveyancing in Lifton is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Platform Home Loans Ltd thus spending £187.00 plus VAT in supplemental conveyancing costs.

Please do make the most of the search tool on this page. Please choose the lender and type ‘Lifton’ or your preferred area and you will see numerous conveyancers offices in Lifton or near you.

When it comes to mortgage companies such as Lloyds, do Lifton solicitors incur a yearly amount to be on the conveyancing panel?

We are unaware of any mortgage company fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.

is it true that all Lifton solicitors on the Virgin Money conveyancing panel are overseen by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the Virgin Money conveyancing panel they would need to be overseen by the SRA. Many banks do permit licenced conveyancers on their panel in which case such practice would be regulated by the CLC.

I've read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Lifton solicitor - who is on the Aldermore conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?

Aldermore will need an independent valuation of the property. Your lawyer will not arrange this. Usually Aldermore will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Lifton postcode. As you are getting a mortgage with Aldermore, you could contact them to see if they have a list of approved surveyors in Lifton.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Lifton?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Lifton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am buying a house and cash is in place. My solicitor has been supplied with with 2 separate forms of photo identification, bank statement, multiple utility bills. Now he requires a copy from a probate lawyer acknowledging that the money is in place and that it has come from inheritance and not selling fake DVD.

For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Lifton conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.

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