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Find a Mortimer Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Mortimer

All was ready to move into my new home in Mortimer next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What does the insurance need to cover?

All property lawyers on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These requirements are not limited to conveyancing in Mortimer.

In what way does my ID and proof of funds have anything to do with my conveyancing in Mortimer? Is this really warranted?

It is indeed that case that the requirement set out by your solicitor has nothing to do with conveyancing in Mortimer. Nowadays you can not complete any conveyancing transaction in the absence submitting proof of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Please note that if you are providing your driving licence as proof of identification it needs to be both the paper section as well as the photo card part, one is not sufficient without the other.

Evidence of the source of monies is necessary under Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancer will need to retain this information on file. Your Mortimer conveyancing practitioner will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they may also ask additional questions concerning the source of monies.

My company is wishing to take over a lease of an office on the high street. Can you recommend conveyancers offering no-move-no charges for commercial conveyancing in Mortimer for under £2000?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Mortimer, including the disposal and purchase of businesses as well as simply premises. If you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we can find you the right lawyer. As for the fees these will vary based on the structure and terms of the proposed transaction. Let us have your contact information or telephone us so that we may supply you with a fixed commercial conveyancing quote.

Back In 2007, I bought a leasehold house in Mortimer. Conveyancing and Birmingham Midshires mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Mortimer who acted for me is not around. What should I do?

First make enquiries of HMLR to be sure that this person is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Mortimer conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Mortimer Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to Purchasing

    What restrictions are there in the Mortimer Lease? Best to be warned whether fixing the lift or some other major work is pending to be shared between the tenants and may well materially impact the level of the maintenance charges or necessitate a one time invoice. The answer will be helpful as a) areas can cause problems in the block as the communal areas may start to deteriorate if maintenance are not paid for b) if the leasehold owners have an issue with the running of the building you will wish to know about it

Our solicitor in Mortimer has discovered a a legal deficiency with the lease for the flat we are buying in Mortimer. The seller’s lawyers have put forward title insurance as a workaround. We are content with insurance and will pay for it. Our solicitor says that as he is on the mortgage company conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or the bank?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. A precondition to being on the mortgage company approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

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