Find a Rayleigh Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Rayleigh

My partner and I are hoping to acquire a flat in Rayleigh and are in fact using a Rayleigh conveyancing practice. Within the last couple of days our solicitor has sent a preliminary report and documents to look through with a view to exchanging next week. Barclays have this afternoon contacted us to advise us that there is now an issue as our Rayleigh conveyancer is not on their conveyancing panel. Please explain?

If you are buying a property with the assistance of a mortgage it is usual 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 Quality Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Rayleigh solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.

We were just about to sign contracts for a semi detached house in Rayleigh. We encountered a stumbling block. The loan offer with Barclays Direct runs out on 15/1/2021 but the owners are suggesting a completion date of 19/1/2021. Is it possible to extend the mortgage offer?

The best person to address this question is your solicitors who is in a position to assess whether they better off negotiating with the mortgage broker, seller’s conveyancers, selling agents or possibly all three given the circumstances your conveyancing to date.

Can your site be used to locate a Conveyancing solicitor in Rayleigh even if I’m not buying or selling a house, for instance if I want to acquire a shop in Rayleigh with a mortgage from Chelsea Building Society?

Our search tool is mainly used to find residential conveyancing solicitors in Rayleigh but we have set out at the bottom of this page a selection of Rayleigh commercial conveyancing firms. You should make contact with the solicitors directly to see if they can also act for Chelsea Building Society

I am looking for a leasehold apartment up to £235,500 and found one close by in Rayleigh I like with a park and railway links in the vicinity, however it only has 49 years on the lease. I can't really find anything else in Rayleigh for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

Should you require a mortgage the shortness of the lease will be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this.

My wife and I are disposing of a Rayleigh ground floor flat we inherited seven years ago in 2010. I have over a decades worth of conveyancing know-how and, although retired, intend to carry out the conveyancing. The purchaser's property lawyer has informed me that their bank will not allow us to do our own conveyancing mandating that the funds to be sent to a solicitor's bank account.

Mortgage requirements to lawyers from all CML members specify that If the vendor does not have legal representation the buyer’s lawyers should check whether the bank needs to be told so that a decision can be made if they are prepared to progress.

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