lenderpanel

Find a Mudeford Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Mudeford

The Mudeford conveyancing firm that just started acting on my purchase in Mudeford have suddenly shut down. I chose them because I had to have a firm on the Principality conveyancing panel and my family Mudeford lawyer was not. I wrote them a cheque for £250 in advance. What are my options?

If you have an estate agent involved then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Principality conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.

Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial property in Mudeford?

Its becoming the norm that commercial conveyancing solicitors in Mudeford will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Mudeford. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Mudeford.

For each commercial conveyancing transaction in Mudeford it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Mudeford commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Mudeford.

I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Mudeford is where the house is located. Is there any advice you can give?

Flying freeholds in Mudeford are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Mudeford you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mudeford may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I'm refinancing my primary property to a BTL loan with The Mortgage Works and I will use the rest of the raised equity as a down payment on further property. The location we are talking about is Mudeford. Will your lawyers be able to act for both sets of lenders and link together the transactions?

Do use our search tool on this site to ensure that the lawyers are on the relevant lender panels. On the basis that they are the conveyancer will be able to tie up the two deals but you should have a chat with you lawyer and specify your desired outcome and requirements.

My husband and I are disposing of a Mudeford property we inherited 5 years ago in 2010. I have over a decades worth of conveyancing know-how and, now retired, see no reason not to do my own conveyancing. The buyer's property lawyer has informed me that their bank will not allow us to do our own conveyancing mandating that the funds to be sent to a solicitor's bank account.

Mortgage requirements to lawyers from all mainstream lenders specify that If the vendor does not have legal representation the purchaser’s lawyers should check whether the bank needs to be informed so that a decision can be made as to whether or not they are prepared to move forward.

Last updated

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