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Find a Oldbury Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Oldbury

My fiance and I are planning to acquire a property in Oldbury and have instructed a Oldbury conveyancing firm. Within the last couple of days our conveyancer has forwarded the sale agreement to be signed with a detailed report in anticipation of exchanging contracts shortly. Barclays have this morning contacted us to advise us that they have now hit a problem as our Oldbury lawyer is not on their conveyancing panel. Please explain?

Where you are buying a property with the assistance of a mortgage it is conventional for the purchasers' solicitors to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Oldbury lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you are adding another lawyer into the mix.

Should commercial conveyancing searches reveal impending roadworks that could impact a commercial site in Oldbury?

Many commercial conveyancing solicitors in Oldbury will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Oldbury. The search result provides definitive information 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 Oldbury.

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

Due to the advice of my in-laws I had a survey completed on a house in Oldbury before instructing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies will not issue a mortgage on this type of home.

It varies from the lender to lender. Santander has different instructions from Halifax. If you e-mail us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Oldbury. Conveyancing will be smoother if you use a solicitor in Oldbury especially if they are acquainted with such properties in Oldbury.

Given that I will soon part with over three hundred thousand on a property in Oldbury I would like to talk to a solicitor concerning thehouse move before instructing the firm. Can this be arranged?

Absolutely - we would be pleased to talk to you we do not take any clients on without you speaking to the conveyancer due to be doing your conveyancing in Oldbury.There is no ‘factory style conveyancing’ - each client is an important person, not a case reference. The practices that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Oldbury should be the amount on the final invoice that you end up paying.

Finally our conveyancing in Oldbury is completing next Friday, yet the vendors I am purchasing from wants to vacate on the Saturday midday. Can I agree to such a idea?

It is not possible to complete on a Saturday due to the bank systems aren't operating.

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