Find a South Brent Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in South Brent

I am not in a position to travel far from South Brent. Is there a reason why all South Brent property lawyers aren't included on all mortgage company panels?

Lenders ordinarily restrict either the nature or the number of conveyancing solicitors on their panel. A common example of such criteria being that a organisation must have at least two partners. As well as restricting the type of firm, some banks for instance HSBC decided to restrict the size of their panel they allow to represent them. You should note that mortgage companies have no responsibility for the accuracy of conveyancing supplied by any South Brent lawyer on their panel. Increases in mortgage fraud was a key driver in the reduction of solicitor panels from 2008 notwithstanding that there are conflicting points of view about whether solicitors sat at the center of that fraud. Data published by HM Land Registry exposes that thousands of conveyancing firms only carry out less than three conveyances annually. Those advocating conveyancing panel culls question why conveyancing firms should have claim to remain on a conveyancing panel when it is apparent that conveyancing is not their speciality?

As I am unsure how the conveyancing process works what is the most important number one tip you can give me regarding purchase conveyancing in South Brent?

You may not hear this from too many lawyers but conveyancing in South Brent and elsewhere in England and Wales is an adversarial experience. In other words, when it comes to conveyancing there is plenty of room for conflict between you and other parties involved in the legal transfer of property. For example, the vendor, estate agent and on occasion your bank. Appointing a law firm for your conveyancing in South Brent an important selection as your conveyancer is your adviser, and is the ONE party in the transaction whose responsibility is to look after your best interests and to protect you.

On occasion a potential adversary will attempt to sway you that you should follow their advice. For instance, the estate agent may claim to be assisting by suggesting your lawyer is wrong. Or your financial adviser may advise you to do take action that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties in the home moving process.

four months have elapsed since my purchase conveyancing in South Brent took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying a new build house in South Brent benefiting from help to buy. The sellers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The property agent told me not reveal to my lawyer about the deal as it could adversely affect my mortgage with Chelsea Building Society. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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.

Am I best advised to appoint a South Brent conveyancing practitioner based in the area that I am purchasing? I have an old university friend who can carry out the legal work but her office is approximately 350miles drive away.

The primary upside of using a high street South Brent conveyancing practice is that you can drop in to execute paperwork, deliver your ID and pester them if necessary. They will also have local knowledge which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and in the main were impressed that must surpass using an unknown South Brent conveyancing lawyer just because they are round the corner.

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