Find a Old Windsor Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Old Windsor

I am nearing exchange of contracts for my flat in Old Windsor and the EA has just called to advise that the buyers are appointing a new solicitor. The excuse is that the bank will only work with property lawyers on their conveyancing panel. Why would a major lender only engage with specific lawyers rather the firm that they want to select to handle their conveyancing in Old Windsor ?

Banks have always had panels of law firms they are content to work with, but in the last few years big names such as Lloyds Banking Group, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for over 25 years.

Lending institutions attribute this action to a rise in fraud as the reason for the reduction – criteria have been narrowed as a smaller panel is easier to keep an eye on. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is being contacted daily by practices that have been removed from panels. Some do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are unlikely to have any impact on this.

As someone unfamiliar with conveyancing in Old Windsor what is the number one tip you can give me for the house moving process in Old Windsor

Not many law firms shout this from the rooftops but conveyancing in Old Windsor or throughout Berkshire is an adversarial process. Put another way, when it comes to conveyancing there is lots of opportunity for friction between you and others involved in the transaction. E.g., the vendor, property agent and on occasion a mortgage company. Appointing a solicitor for your conveyancing in Old Windsor is a critical decision as your conveyancer is your adviser, and is the ONLY party in the process whose responsibility is to act in your legal interests and to keep you safe.

Every so often a potential adversary may attempt to persuade you that it is in your interests to do things their way. For instance, the property agent may claim to be helping by claiming that your lawyer is dragging his heels. Or your mortgage broker may advise you to do take action that is contrary to your solicitors recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

What happens if my solicitor is expelled from the Leeds Building Society Solicitor panel ahead of completing my conveyancing in Old Windsor?

First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

What will a local search reveal about the property I am purchasing in Old Windsor?

Old Windsor conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company such as PSG The local search plays an important role in many a Old Windsor conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.

Is it possible to switch firm as I have to retain a firm on the Leeds Building Society conveyancing panel. I instructed a family conveyancing solicitor in Old Windsor five minutes from me but the firm is not accepted by Leeds Building Society

We will our best to assist in finding you a conveyancing solicitor in Old Windsor on the Leeds Building Society panel. Please note that the conveyancers that we on the directory do not pay us fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Old Windsor. In utilising search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Old Windsor.

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