lenderpanel

Find a Totterdown Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Totterdown

The conveyancer who assisted with my last purchase has given a fee estimate £1200 for no sale no fee conveyancing in Totterdown. I am selling a purpose built detached home for £225,000. Is this overpriced? Is it above the average fee for conveyancing in Totterdown?

The estimate does seem a tad overpriced. If you shop around you may be able to reduce the fees slightly by as much as £125. That being said, you couldlive to rue choosing an a cheaper conveyancer. If is important to be sure the firm can represent your bank. Do employ our comparison tool to locate a Totterdown conveyancing company on the lender’s member panel which can often include conveyancing solicitors in Totterdown.

What does my ID and proof of funds have anything to do with my conveyancing in Totterdown? Why is this being asked of me?

Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing instruction. The Client Care letter that you are required to sign should stipulate this. Your lender will also require certain documents to be viewed. Where you are unwilling to supply identification documents, your conveyancer will not be able to take you on as a client.

Last month we had a mortgage agreed in principle with Barclays. Totterdown conveyancing lawyers have been appointed. How long does it take for Barclays to send the offer to the lawyer?

Some lenders take longer than others. Have Barclays conducted the survey? Have you advised Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.

I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Totterdown bank branch on various occasions and was told they are content with the situation and they will lend. My Totterdown conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

As long as the conveyancer is on the bank panel, they must comply with the CML Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company 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 lender to contact your lawyer in writing confirming that they will accept the number of years remaining.

Our offer on a house in Totterdown has been agreed to, but there is a chain. The owners have offered on on an apartment, however it’s not yet agreed to, and are looking at other flats booked. I have chosen a bricks and mortar conveyancing solicitor in Totterdown. What should be my next step? When should I get the mortgage application with Yorkshire BS started?

It is normal to have anxieties where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then survey, Totterdown conveyancing search costs, etc). The first course of action is to ensure that your solicitor is on the Yorkshire BS approved list. Regarding the subsequent phase this very much dictated by the specifics of your case, attraction to the property and on the state of the market. In a rising market some buyers will apply for the mortgage with Yorkshire BS and arrange for the valuation and only if it comes back ok would they pay their property lawyer to move forward with the conveyancing in Totterdown.

My father has suggested that I appoint his conveyancing solicitors in Totterdown. Should I use them?

Much as we are happy to recommend a Totterdown conveyancing lawyer it’s preferable to select a conveyancing solicitor is to have recommendations from friends or family who have actually experience in using the conveyancer that you are are thinking of instructing.

Can you set out the nature of conveyancing offered by Totterdown conveyancing firms?

By and large Totterdown conveyancing practices will handle a number of legal advice to residential and agricultural land owners, sellers, buyers, freeholders and leaseholders such as:

    House sale conveyancing in Totterdown or nationally House purchase conveyancing in Totterdown and also around the country Shared ownership conveyancing countrywide not just Totterdown New Build Conveyancing All types of leasehold accommodation including, apartments and maisonettes Property Trust Declarations

Last updated

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