lenderpanel

Find a Smethwick Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Smethwick

We were about to instruct a conveyancing solicitor in Smethwick endorsed on your site but stumbled across some other estimates via the web seem less pricey – how come?

One can find numerous solicitors promoting pretending to offer cheap conveyancing, unfortunately it’s common in such cases for extracosts result in the final bill markedly uplifted. Conveyancers are obliged to make sure that costs outlined in terms of business should be equitable invoiced The solicitors that we put forward for conveyancing in Smethwick genuinely set out all costs for the property you plan tobuy.

I had intended to instruct a conveyancing solicitor in Smethwick for our house move. Our financial adviser informed us that our mortgage company Norwich and Peterborough Building Society won't deal with them. Why is this not regarded as unfair competition?

A decade ago most banks had a different appetite for risk. Almost all Smethwick conveyancing firms would have been on most bank panels. The financial services regulator in 2010 carried out a thematic investigation into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more information from law firms regarding their operations and their employees as well as establishing certain criteria such a completing on a minimum volume of conveyancing. Many Smethwick conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Smethwick is amongst the hundreds of areas where the conveyancers showing on our search results are on the panel for Norwich and Peterborough Building Society.

Just had an offer accepted on a new build flat in Smethwick. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Smethwick

    Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

I decided to have a survey carried out on a property in Smethwick in advance of instructing lawyers. I have been advised that there is a flying freehold element to the property. The surveyor has said that some mortgage companies tend not give a mortgage on a flying freehold property.

It varies from the lender to lender. Lloyds has different requirements from Halifax. If you call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Smethwick. Conveyancing will be smoother if you use a solicitor in Smethwick especially if they are acquainted with such properties in Smethwick.

I pay a service charge for my property in Smethwick. Due to redundancy and personal issues I slipped into arrears with payments. I negotiated a clearance schedule but there is still about £1750 left in arrears.

I want to dispose of the property and I am nervous that this can threaten to derail the sale if I have to discharge the arrears in advance. I'd like to sell up and subsequently pay them back with the proceeds - is this viable?

It would be wise to clarify with the lawyer undertaking your Smethwick conveyancing but one option could be to arrange for the outstanding amount to be passed to the buyers. The sale price they pay would be adjusted to reflect the amount of debt they take on. They could then discharge the outstanding monies post completion of the sale.

Last updated

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