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Find a Sharnbrook Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Sharnbrook

I am progressing with the sale of my house in Sharnbrook and the estate agent has just text me to say that the purchasers are swapping property lawyer. I am told that this is due to the fact that the bank will only engage with property lawyers on their conveyancing panel. On what basis would a big named lender only work with specific law firms rather the firm that they want to select for their conveyancing in Sharnbrook ?

Banks have always had panels of law firms that can act for them, but in the last few years big names such as Nationwide, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for over 25 years.

Banks point to the increase in fraud as the reason for the cull – criteria have been narrowed as a smaller panel is easier to monitor. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is hearing daily from firms that have been removed from panels. Some are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The purchasers are not going to have any impact on this.

Will my conveyancing lawyers need to check that the building insurance when buying a house in Sharnbrook. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 7/3/2024, the requirements read as follows :

What is the difference between a licensed conveyancer and conveyancing solicitor in Sharnbrook

Two types of professional can conduct conveyancing in Sharnbrook namely CLC regulated conveyancers or solicitors. Both professionals handle the legal services that you need to complete the sale or purchase of property. Both are required to execute Sharnbrook conveyancing to the same quality and guidelines so you may be sure that your conveyancing will be professionally conducted and that the requisite procedures should be accurately taken.

I recently had an offer accepted on a house in Sharnbrook. My financial adviser pressured me to appoint their lawyer. I paid an advanced payment of £150. Not long after, the conveyancer contacted me embarrassingly acknowledging that they were not on the Kent Reliance conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Kent Reliance panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I was told two weeks ago that my mortgage has been agreed to by Aldermore. Is it usual for Aldermore to only issue the offer once my solicitor in Sharnbrook is approved on their conveyancing panel? Aldermore have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Aldermore to deal with your lawyer's application to be on the Aldermore conveyancing panel. There's no guarantee that your solicitor will be accepted.

I have justbecome aware that Stirling Law have been shut down. They carried out my conveyancing in Sharnbrook for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?

The quickest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sharnbrook conveyancing specialists.

Is it true that a Sharnbrook conveyancing practice got sued by a client for not carrying out the right conveyancing investigations?

We are not aware of such a Sharnbrook conveyancing claim but according to a recent report, a couple purchasing a home elsewhere in England successfully won a case against their lawyer as a consequence of development plans to build a wind farm failing to be identified in conveyancing searches.

Where you are buying in Sharnbrook It is essential that your conveyancer conduct all Sharnbrook conveyancing searches needed making sure that you have accurate and current information before buying a property.

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