Our conveyancer has identified a a problem with the lease for the flat we are purchasing in Old Windsor. The other side have put forward defective title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor has advised that he must ensure that the bank is willing to move forward with this solution. Who is the client here, us or the bank?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the lender are the client. The appropriate lender provisions have to be complied with.
There are numerous conveyancing solicitors in Old Windsor but how do I know who I should use?
Do not opt for the lowest Old Windsor conveyancing costs illustration. You really do get what you’re paying 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.
Is it correct that all Old Windsor CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing panel?
Some major banks and building societies now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
Leeds Building Society have agreed my home loan in principle, my bid on a house in Old Windsor has been accepted, what happens next?
The estate agent will wish to know who your solicitors are (be sure the property lawyers are on the lender’s approved list). Telephone Leeds Building Society or your broker and complete any relevant documentation. Leeds Building Society will sellect a valuer who will get in touch with the selling agent or seller to book a time for the valuation to take place. Once conducted (assuming no problems) it takes on average ten days to get a mortgage offer. Leeds Building Society 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 Old Windsor.
How does conveyancing in Old Windsor differ for newly converted properties?
Most buyers of new build residence in Old Windsor approach us having been asked by the seller to exchange contracts and commit to the purchase even before the property is completed. This is because builders in Old Windsor usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Old Windsor or who has acted in the same development.
My partner has recommend that I instruct his lawyers for conveyancing in Old Windsor. Should I find my own property lawyer?
There are no two ways about it it’s preferable to choose a conveyancing lawyer is to get recommendations from friends or family who have actually experience in using the solicitor that you are are thinking of instructing.
My partner and I have just found out that one of the directors of the firm acting on the purchase conveyancing in Old Windsor is related to the owners that we are buying from. Is this permitted?
As long as there is no conflict of interest this is permitted. If you are requiring a home loan then the mortgage company may have a say as many mortgage companies have specific requirements on this. For example for Halifax as of 31/12/2025, the requirements read as follows :