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Find a Sandbanks Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Sandbanks

I own a freehold property in Sandbanks but still charged rent, why is this and what is this?

It’s unusual for properties in Sandbanks and has limited impact for conveyancing in Sandbanks but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

We intend to purchase a newly converted flat in Sandbanks with a mortgage from Bank of Ireland.We would like to retain our Sandbanks conveyancing practitioner but Bank of Ireland says she’s not on their approved list of member firms. we are left little option but to use a Bank of Ireland panel solicitor or keep our preferred solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?

No, not really. The mortgage issued to you contains various provisions, a common one being that solicitors will be on the Bank of Ireland solicitor panel. in the past, most lenders had large numbers of solicitors on their panels: a borrower could find 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 lawyer to apply to be on the conveyancing panel for Bank of Ireland

I am buying my first flat in Sandbanks with the aid of help to buy. The sellers would not move on the amount so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not reveal to my lawyer about this side-deal as it will affect my loan with Aldermore. 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.

I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Sandbanks is the location of the property. Can you shed any light on this issue?

Flying freeholds in Sandbanks are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sandbanks you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandbanks may determine 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 residence.

How do I locate a Sandbanks solicitor on the Barnsley Building Society conveyancing panel? I have wheels and am prepared to travel upto 20miles to meet the solicitor.

Feel free to make use of the facility on this website. Please select a lender and your location and you will see a number of Sandbanks conveyancing lawyers located nearest you. We have detailed some Sandbanks conveyancing firms at the bottom of this page and you can telephone them to verify whether they are on the Barnsley Building Society panel

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