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Find a Swavesey Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Swavesey

I am expecting a offer of a home loan from Santander. I would like to retain the legal services of a Licensed Conveyancer in Swavesey. Does the Santander Conveyancing panel include Licensed Conveyancers?

The Santander conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

We previously instructed solicitors locally in Swavesey on the Nationwide solicitor approved list. They are now charging me an additional fee for handling the Nationwide mortgage. Is this an additional conveyancing fee set by Nationwide?

Provided it is contained in their Terms of Engagement or estimate then yes your conveyancer is entitled to charge a fee for this. The fee is not dictated by Nationwide but by your Swavesey conveyancer. Plenty of firms on the Nationwide panel will levy ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.

It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Swavesey bank branch on numerous occasions and was informed it wasn't an issue and they will lend. My Swavesey conveyancing solicitor - who is on the bank conveyancing panel- called to say that they refuse to lend in accordance with their published requirements. Who do I believe?

Provided that the conveyancing practitioner is on the lender approved list, they must comply with the Council of Mortgage Lenders’ Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.

I recently had an offer agreed on a house in Swavesey. My financial adviser suggested a property lawyer. I paid an on account payment of £150. Soon after, the solicitor called me embarrassingly acknowledging that they were not on the Virgin Money 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 Virgin Money 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 need some quick conveyancing in Swavesey as I am faced with a deadline to sign on the dotted line in less than one month. A mortgage is not required. Can I decline from having conveyancing searches to save fees and time?

As you are not obtaining a mortgage you are at free not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Swavesey the following are examples of issues that can arise and therefore affect future mortgageability: Enforcement Actions, Outstanding Charges, Overdue Grants, Railway Schemes,...

Are there restrictive covenants that are commonly picked up as part of conveyancing in Swavesey?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Swavesey. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Over the last few months I have been searching for a flat up to £305k and identified one round the corner in Swavesey I like with open areas and transport links nearby, the downside is that it only has 52 years unexpired on the lease. I can't really find anything else in Swavesey in this price bracket, so just wondered if I would be making a mistake buying a short lease?

If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

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