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Find a Romford Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Romford

We are acquiring our first home. The lawyer has messagedto check if we want to take out additional conveyancing searches. As novices we are clueless as to what's necessary for conveyancing in Romford

The range of Romford conveyancing searches depends primarily on the premises, the location, the possibility of any of these risks, your knowledge of the locality and risks, your general appetite to risk. What matters is that you adequately comprehend what information the searches could supply. Then you can decide if you consider that you need that search. Where you are unsure, ask the lawyer to recommend.

Please explain the implications if my lawyer’s firm is removed from the Skipton Solicitor panel ahead of completing my conveyancing in Romford?

First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

What does a local search reveal about the property I am buying in Romford?

Romford conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance PSG The local search plays a central role in many a Romford conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search should reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.

I am buying a new build house in Romford benefiting from help to buy. The developers refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The sale representative suggested that I not to tell my lawyer about this deal as it may adversely affect my mortgage with Birmingham Midshires. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer 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.

Builders have put forward a property lawyer and I've received an estimate from them. They are nearly two hundred pounds less expensive than my local Romford conveyancer. What's the catch?

Builders normally have lists of lawyers who are quick and who know the developer’s documentation and lawyer. Plenty of developers offer an inducement to choose their approved property lawyer for this reason, any increased charges can be avoided and a builder won't suggest a conveyancing warehouse and run the risk of having the transaction stall when they want exchange within a tight deadline. A counter-argument for not agreeing to use the suggested lawyer is that they may be hesitant to fight for your interests for fear of alienating the sellers. Where you have concerns that this may be the situation you should stick with your local Romford lawyer.

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