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Find a Sandiacre Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Sandiacre

Having sold my house in Sandiacre last October yet the purchaser is whats apping daily to say their lawyer is waiting to hear from mine. What should my lawyer have done now that I have sold?

Following your disposal your solicitor is obliged to deliver the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor should also send confirmation that the home loan has been repaid to the buyers lawyers. There are no post completion steps peculiar conveyancing in Sandiacre.

Will our lawyer be asking questions concerning flooding as part of the conveyancing in Sandiacre.

Flooding is a growing risk for conveyancers dealing with homes in Sandiacre. Some people will buy a property in Sandiacre, completely aware that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.

Lawyers are not qualified to give advice on flood risk, however there are a various searches that may be undertaken by the purchaser or on a buyer’s behalf which will figure out the risks in Sandiacre. The conventional set of completed inquiry forms given to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard inquiry of the seller to determine whether the premises has suffered from flooding. If the residence has been flooded in past which is not notified by the owner, then a purchaser could bring a legal claim for losses as a result of such an inaccurate response. A purchaser’s lawyers will also order an environmental report. This should indicate if there is any known flood risk. If so, more detailed investigations will need to be carried out.

I am purchasing my first flat in Sandiacre with a mortgage from Leeds Building Society. The builders refused to reduce the amount so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not reveal to my lawyer about this deal as it could affect my mortgage with Leeds Building Society. 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 decided to have a survey completed on a property in Sandiacre before instructing solicitors. I have been told that there is a flying freehold element to the house. Our surveyor advised that some lenders will not issue a mortgage on this type of premises.

It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sandiacre. Conveyancing may be slightly more expensive based on your lender's requirements.

Having used your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?

Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the lender conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.

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