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Find a Lozells Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Lozells

Is it realistic for conveyancing in Lozells to be done in less than 10 days?

Where you are under pressure for your conveyancing it is highly recommended that your solicitor is familiar with the location as they will have local contacts and knowledge. It is possible that they may have transacted previoushomes in the same road. Therefore consider using a Lozells conveyancing lawyer. In addition, double check that the conveyancing firm is on the member panel. It is understood that just under twenty per cent of Lozells conveyancing deals are suspended or jeopardised after discovering a purchaser’s lawyer was not on their mortgage lender’s member panel. In many cases this discovery resulted in the conveyancing being delayed by almost 21 days. It is believed that this issue affects in the region of 100,000 home sales every year. Most Lozells conveyancing practices can not represent certain banks so do check at the outset.

If you had a top tip for choosing a conveyancing solicitor in Lozells what would it be?

It would be unwise to be seduced by the lowest Lozells conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. 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 know exactly what you’ll have to pay in ahead of time.

I recently had an offer agreed on an apartment in Lozells. My mortgage broker pressured me to appoint their conveyancing practitioner. I paid an upfront payment of £200. A couple of days later, the solicitor contacted me to say that they were not on the Coventry BS 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 Coventry BS 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.

My offer was accepted on a house in Lozells on 23/1/2024, valuation was booked 3 days later, received a clean bill of health. Conveyancer instructed, so all that was missing was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Can the lender hold off the offer?

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

I am buying my first flat in Lozells with a mortgage from Norwich and Peterborough Building Society. The builders would not budge the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not inform my lawyer about the side-deal as it could put at risk my loan with the bank. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Hoping to buy a property located in Lozells and I am already nervous. I couldn't find anything specific about Lozells. Conveyancing will be needed in due course but do you know about the Lozells area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Lozells. In the meantime here are some basic statistics that we found

Living abroad I am unable to visit my Lozells conveyancing practitioners office to execute documents connected to my conveyancing in Lozells – is this a problem?

No. Lozells conveyancing lawyers can deal with home moves for clients wider afield. It is not necessary for you to be able to visit a Lozells conveyancers office. They can handle all communications remotely from their Lozells premises.

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