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Find a Torrington Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Torrington

Some advice if I may. My Torrington conveyancer is assuring me that she is duty bound toconduct Torrington conveyancing searches resulting from the fact thatthe firm are on the Santanderapproved lawyer panel. Do I not have any options here?

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

Despite weeks of looking the Title Certificate and documents to our home can not be found. The conveyancers who handled the conveyancing in Torrington 5 years ago are no longer around. What are my next steps?

These day there are duplicates made of almost everything, and your conveyancer should be aware precisely where to find all the relevant paperwork so you can buy or dispose of your property without a hitch. Where copies are not available, your solicitor can arrange cover in the form of insurance or indemnities protecting you against possible claims on your premises.

I'm buying my first flat in Torrington benefiting from help to buy. The sellers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not inform my conveyancer about this side-deal as it could put at risk my loan with the lender. Should I keep quiet?.

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.

I decided to have a survey completed on a property in Torrington before retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some banks will refuse to give a loan on this type of house.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. If you contact us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Torrington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Torrington to see if the conveyancing will be more expensive.

What is the reason for new build conveyancing in Torrington being more expensive?

Purchasing a new build property is significantly different from the standard house buying conveyancing in Torrington. Firstly housebuilders ordinarily require contracts to exchange very quickly, so there is a a great deal of pressure on your solicitor to ensure all is in order. In addition new build conveyancing often involve examination of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage company requirements are also more demanding. Due to the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.

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Neighbouring Locations

Bideford
Braunton
Barnstaple
Torrington
Umberleigh
Merton

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