lenderpanel

Find a Limbury Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Limbury

We decided to purchase a newbuild apartment in Limbury with a residential mortgage from TSB.We would like to retain our Limbury conveyancing practitioner but TSB advised that his firm is not listed on their "panel". It seems we are left with no choice but to instruct a TSB panel firm or retain our high street solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?

Unfortunately,no. The home loan issued to you contains various provisions, a common one being that lawyers needs to be on the TSB solicitor panel. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for TSB

is it true that all Limbury solicitor practices on the Nottingham conveyancing panel are governed by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Nottingham conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many mortgage companies do allow licenced conveyancers on their panel and in that case the organisation would be regulated by the Council of Licensed Conveyancers.

After much negotiation I have agreed a price on a house in Limbury. My mortgage broker recommended their conveyancers. I paid an advanced payment of £150. A few days later, the conveyancing practitioner called me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

Bank of Ireland have agreed my home loan in principle, my bid on a property in Limbury has been agreed to, what happens next?

Your property agent will wish to know who your solicitors are (ensure that the lawyers are on the bank’s panel). Call up Bank of Ireland or the financial adviser and complete any outstanding documentation. Bank of Ireland will instruct a valuer who will get in contact with the estate agent or owners to schedule an appointment. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. Bank of Ireland will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Limbury.

I'm refinancing my current house to a BTL mortgage with Clydesdale and intend to use the remaining equity as a down payment on further house. The neighborhood we are interested in is Limbury. Will your conveyancers be able to act for both sets of lenders and tie in the conveyances?

Do use our search tool on this site to be sure that the lawyers are approved by both lenders. On the basis that they are the lawyer should be able to tie up the two deals but you should have a chat with you lawyer and make apparent your expectations and needs.

In sourcing the web for the term conveyancing in Limbury it shows results of many property lawyersin the area. How do I determine which is the right conveyancing solicitor for the sale of my house?

The ideal method of choosing the right conveyancer is through a trusted referral, so seek the opinion of friends and those you trust who have purchased a property in Limbury or a reputable estate agent or mortgage broker. Fees for conveyancing in Limbury differ, so it's advisable to secure at least four estimates from different law firms. Dont forget to clarify that the costs are guaranteed not to rise.

I need to find a lender panel solicitor in Limbury. Could you help me?

Unfortunately it’s not apparent why you need a Limbury panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Limbury are on their panel . If you do find such a firm in Limbury not listed please direct them to our site to list. After all the cost is only one £1 a month

Last updated

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