lenderpanel

Find a Radford Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Radford

The property market in Radford is hotting up. What can I do to expedite matters?

First, If you are under pressure for your conveyancing we would recommend that your solicitor is familiar with the location as they will make use of local relationships and intelligence. It is possible that they would have transacted previousproperties in the same road. You would be best advised to use a Radford conveyancing lawyer. Second, double check that the conveyancing firm is on the member panel. It is understood that nearly one in five of Radford conveyancing transactions are suspended or derailed after finding out that a purchaser’s solicitor was not on their banks member panel. In many cases this discovery resulted in the transaction being frustrated by as much as three weeks. It is believed that this issue impacts in the region of 100,000 home sales annually. Many Radford conveyancing firms can not represent certain lenders so do check at the outset.

Me and my brother have a 4 bedroom Victorian house in Radford. Conveyancing solicitor represented me and Nottingham Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?

You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Radford and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing lawyer who conducted the purchase.

I am buying a new build house in Radford with a loan from Britannia. The sellers refused to move on the price so I negotiated £7000 of additionals instead. The sale representative told me not to tell my lawyer about the extras as it could put at risk my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I decided to have a survey completed on a property in Radford in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some banks may refuse to issue a mortgage on a flying freehold premises.

It depends who your proposed lender is. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Radford. Conveyancing may be slightly more expensive based on your lender's requirements.

I am looking into buying my first house which is in Radford and I am already nervous. I couldn't find anything specific about Radford. Conveyancing will be needed in due course but do you know about the Radford area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Radford. In the meantime here are some basic statistics that we found

Last updated

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