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Find a Tilehurst Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Tilehurst

My partner and I are looking to buy a property in Tilehurst and are in fact using a Tilehurst conveyancing practice. Within the last couple of days our lawyer has sent a preliminary report and documents to look through with a view to exchanging next week. Leeds Building Society have this evening contacted us to advise us that there is now an issue as our Tilehurst conveyancer is not on their conveyancing panel. Is this a problem?

If you are buying a property needing a mortgage it is standard for the purchasers' solicitors to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Tilehurst lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.

We note that you have a post code search directory listing solicitors on the Coventry BS conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Tilehurst?

We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Tilehurst.

I'm purchasing a new build house in Tilehurst benefiting from help to buy. The developers would not budge the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not inform my lawyer about the extras as it would put at risk my mortgage with the lender. 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.

Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Tilehurst is the location of the property. What do you suggest?

Flying freeholds in Tilehurst are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Tilehurst you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tilehurst may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.

Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?

Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.

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