lenderpanel

Find a Penshaw Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Penshaw

We note that you have a search directory identifying firms on the Virgin Money conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Penshaw?

We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Penshaw.

It has been four months since my purchase conveyancing in Penshaw concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Just had an offer accepted on a new build flat in Penshaw. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Penshaw

    The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I decided to have a survey done on a property in Penshaw ahead of retaining solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will not give a mortgage on such a home.

It depends who your proposed lender is. HSBC has different instructions from Nationwide. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Penshaw. Conveyancing will be smoother if you use a solicitor in Penshaw especially if they regularly deal with such properties in Penshaw.

My brother has suggested that I appoint his lawyers for conveyancing in Penshaw. Should I choose my own solicitor?

Much as we are happy to recommend a Penshaw conveyancing lawyer the ideal way to choose a conveyancing lawyer is to seek guidance from friends or relatives who have actually previously instructed the solicitor you're contemplating using.

Last updated

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