lenderpanel

Find a Rusholm Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Rusholm

Me and my partner are purchasing a 2 bedroom flat in Rusholm with a mortgage. We have a Rusholm lawyer, however the mortgage company advise she’s not on their "panel". It seems we have little choice but to select one of the mortgage company panel conveyancing practices or continue with our Rusholm conveyancer as well as pay for one of their panel ones to represent them. This feels very unfair; can we not demand that the lender use our Rusholm conveyancer ?

No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Rusholm conveyancing solicitor to apply to be on the conveyancing panel.

At what point can the exchange of contracts happen for domestic conveyancing in Rusholm and do I need to attend the conveyancers office?

Where you are in close proximity to our conveyancing solicitors in Rusholm you are welcome to attend to sign the paperwork. That being said, the law practices we recommend offer countrywide coverage for conveyancing and provide just as detailed and professional a job for you when communicating with you electronically. The signing of the contract is not the critical part. Signing on the dotted line simply enables the conveyancer to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Rusholm)to be in the office available at the end of the phone to exchange contracts.

Will my conveyancing lawyers need to check that the building insurance when buying a house in Rusholm. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 15/5/2024, the requirements read as follows :

I am selling our property in Rusholm and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Rusholm conveyancer would know that there is no such problem. It does beg the question why the buyers instructed an online conveyancing firm as opposed to a conveyancing solicitor in Rusholm. We have lived in Rusholm for 4 years we know of no issue. Should we get in touch with our local Authority to obtain confirmation need.

It would appear that you have a conveyancing firm already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)

I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Rusholm is the location of the property. Can you shed any light on this issue?

Flying freeholds in Rusholm are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Rusholm you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rusholm may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Last updated

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