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Find a Underwood Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Underwood

Am I correct in assuming that the fact that my conveyancer in Underwood is not listed on my lender's solicitor panel that there is a problem with the quality of the firm’s conveyancing?

It would not be wise to jump to that conclusion. There are plenty of plausible explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Underwood conveyancing practice and ask them why they are no longer on the approved list for your lender.

Finally the sale completed on my house in Underwood last October yet the purchaser is texting daily complaining that his lawyer needs to hear from mine. What should have happened following completion?

Following your house sale your conveyancer should deliver the transfer documentation and all of the paperwork to the purchaser's solicitors. Where appropriate, your conveyancer should also evidence that the legal charge in favour of the lender has been paid off to the buyers lawyers. There are no post completion tasks peculiar conveyancing in Underwood.

We are planning on selling our house in Underwood and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Underwood lawyer would know that there is no such problem. For the life of me I don't know why the buyers used an internet conveyancing outfit as opposed to a conveyancing solicitor in Underwood. Having lived in Underwood for three years we know of no issue. Should we get in touch with our local Authority to obtain confirmation that the buyers are looking for.

It would appear that you have a conveyancing firm currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)

I purchased my flat on 6 November and my personal details is not yet registered. Any reason for this? My conveyancing solicitor in Underwood expressed confidence that it would be concluded in a couple of weeks. Are transfers in Underwood particularly slow to register?

There is nothing unique about conveyancing in Underwood registration formalities. Rather than based on location, timescales can vary subject to the party submitting the application, whether there are errors and whether the Land registry need to notify any interested parties. Currently roughly three quarters of such applications are completed in less than three weeks but occasionally there can be protracted delays. Historically registration is effected after the buyer is living at the property thus 'speed' is not usually an essential issue yet if there is a degree of urgency associated with the registration then you or your lawyers could contact the land registry and explain the circumstances.

I am purchasing a new build house in Underwood benefiting from help to buy. The builders would not reduce the price so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not reveal to my lawyer about the deal as it may affect my loan with Barclays . Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer 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.

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