lenderpanel

Find a Long Sutton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Long Sutton

Am I correct in assuming that the fact that my solicitor in Long Sutton is not identified on my bank's conveyancing panel that there is a problem with the quality of her conveyancing?

That is most likely a wrong assumption to make. There are plenty of plausible explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Long Sutton conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.

I am assisting my sister sell her property in Long Sutton. Does the conveyancing solicitor arrange the EPC or it is for me to see to?

Following the abolition of HIPs, energy performance certificates was retained a required element of selling a house. An energy performance certificate needs to be commissioned prior to the property being advertised. It is not something that lawyers normally arrange. If you are instructing a Long Sutton conveyancing solicitor they might help arrange energy assessments given their relationships with reputable local energy assessors

Please help - my lawyer advises that lack of planning permission insurance is necessary on my purchase. What is the level of cover for Long Sutton conveyancing?

The right level of lack of planning permission indemnity insurance depends on who your lender is. It would differ for example between National Westminster Bank and Skipton Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.

My fiancee and I are in the process of looking at flats in Long Sutton and I am now considering a potential offer. Should I already have a conveyancer in place at this stage? I intend to finance via a home loan with TSB.

You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are seeking a mortgage with TSB, ask your prospective lawyers if they are on the TSB conveyancing panel otherwise they can't do the mortgage legal work.

I am looking for a ground for flat up to £245,000 and found one close by in Long Sutton I like with a park and station nearby, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Long Sutton in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?

If you require a home loan the shortness of the lease will be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.

I need to retain a conveyancing solicitor for remortgage conveyancing in Long Sutton. I've land on a web site which looks to be the ideal offering If there is a chance to get all formalities done via web that would be preferable. Should I be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

My husband and I are disposing of a Long Sutton property left to us seven years ago in 2011. I have over a decades worth of conveyancing knowledge and, although retired, intend to undertake my own legal work. The purchaser's property lawyer has informed me that their mortgage company will not allow you to do your own conveyancing as they require the funds to be sent to a solicitor's bank account.

Lending requirements to conveyancing practitioners from all mainstream lenders state that If the seller is not legally represented the buyer’s lawyers should check whether the bank needs to be informed so that a decision can be reached if they are willing to progress.

Last updated

Neighbouring Locations

Holbeach
Long Sutton
Wisbech

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