lenderpanel

Find a Southmead Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Southmead

Please help. My Southmead lawyer is informing me me that he is legally obliged toconduct Southmead conveyancing searches becausethe firm are on the Nat Westsolicitor panel. Do I not have any say here?

You have limited options available to you. Given that you are taking out a loan with a bank your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Southmead conveyancing searches.

I had intended to instruct a conveyancing solicitor in Southmead for our house purchase. Our broker informed us that our bank Accord Mortgages Ltd won't deal with them. Surely this is unduly restrictive?

A bank may direct that an approved solicitor act for it. You would be liable to bear the cost of this. Please make use of our database to choose a solicitor to conduct conveyancing in Southmead on the Accord Mortgages Ltd conveyancing panel.

My bid for a property was accepted at auction in Southmead. Conveyancing is necessary. What is next?

Now that you are legally bound yourself to purchase you now have to choose a conveyancing practitioner as a matter of urgency as you are faced with a pending a fixed date to complete the deal. All auction property will ordinarily have a bespoke legal pack. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the legal papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to a leasehold property. You must give this to the solicitor working for you ASAP. Do make sure that you have funds in order to complete on the on the contractual date .

is it true that all Southmead solicitor firms on the TSB conveyancing panel are regulated by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do list licenced conveyancers on their panel in which case such practice would be overseen by the Council of Licensed Conveyancers.

Our sealed bid on a house in Southmead has been accepted, the sellers do nevertheless have a dependent purchase. The sellers have put an offer on a property, but it’s not been accepted yet, and are looking at other properties in the pipeline. I have chosen a high street conveyancing solicitor in Southmead. What should be my next step? When do I get the mortgage application with Santander started?

It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (mortgage application is in the region of one thousand pounds, then survey, Southmead conveyancing search fees, etc). The first thing to do is ensure that your lawyer is on the Santander approved list. As to the next steps this very much dictated by the specifics of your transaction, motivation for the property and on the state of the market. In a hot market many purchasers would apply for a home loan with Santander and arrange for the valuation and only if it comes back ok would they pay their conveyancing practitioner to move forward with the conveyancing in Southmead.

About to purchase a new build flat in Southmead. 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 should expect your new-build leasehold conveyancing in Southmead

    Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. 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.

What does commercial conveyancing in Southmead cover?

Southmead conveyancing for business premises covers a broad array of advice, supplied by regulated solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

Last updated

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