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Find a Prescot and Knowlsey Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Prescot and Knowlsey conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Prescot and Knowlsey

Why is leasehold purchase conveyancing in Prescot and Knowlsey is more expensive?

Prescot and Knowlsey leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

Me and my partner are purchasing a house in Prescot and Knowlsey. I might seem paranoid but how we can trust a conveyancer? At some point we will need to deposit our life savings into their account. What protection do we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

What is the difference between a licensed conveyancer and conveyancing solicitor in Prescot and Knowlsey

There are many registered licenced Conveyancers in Prescot and Knowlsey and Solicitor firms in Prescot and Knowlsey who provide Conveyancing services We would stress that both are regulated professionals specialising in the legal work in transferring property. Both can deal with associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

When it comes to lenders such as Virgin Money, do Prescot and Knowlsey solicitors have to pay an annual charge to be on the list of approved solicitors?

We are not aware of any bank fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.

I have recentlybecome aware that Stirling Law have closed. They carried out my conveyancing in Prescot and Knowlsey for a purchase of a freehold house 9 months ago. How can I be sure that my home is registered correctly in the name of the previous owner?

The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Prescot and Knowlsey conveyancing specialists.

I opted to have a survey completed on a house in Prescot and Knowlsey prior to appointing lawyers. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies will not grant a mortgage on such a house.

It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Prescot and Knowlsey. Conveyancing may be slightly more expensive based on your lender's requirements.

My lawyer in Prescot and Knowlsey is asking me for identification documents stating that this is part of his obligations as a conveyancer on the bank Solicitor panel. Am I being spun a yarn?

Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not unique to conveyancing in Prescot and Knowlsey

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