lenderpanel

Find a Victoria Dock Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Victoria Dock

My IFA has asked me for my Victoria Dock law firm’s panel reference for the Nationwide conveyancing panel. Can you suggest how I obtain this. I have called my local Victoria Dock office but they have not got back to me yet.

Have you tried contacting your Victoria Dock property lawyer about this?. Most Victoria Dock law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.

As someone not used to conveyancing in Victoria Dock what is the number one tip you can impart for the house moving process in Victoria Dock

You may not hear this from too many lawyers but conveyancing in Victoria Dock or throughout East Yorkshire is often a confrontational experience. In other words, when it comes to conveyancing there exists an abundance of room for friction between you and other parties involved in the transaction. For instance, the vendor, property agent and even potentially a lender. Selecting a law firm for your conveyancing in Victoria Dock should not be taken lightly as your conveyancer is your adviser, and is the ONLY person in the process whose responsibility is to look after your best interests and to protect you.

Every so often a third party with a vested interest will try and persuade you that it is in your interests to do things their way. As an example, the selling agent may claim to be assisting by claiming that your solicitor is wrong. Or your financial adviser may advise you to do take action that is against your solicitors advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.

My fiance and I are purchasing a newbuild flat in Victoria Dock with a homeloan from Coventry Building Society.We have a Victoria Dock conveyancing practitioner but Coventry Building Society informed us his firm is not on their approved list of member firms. we are left little option but to use a Coventry Building Society panel lawyer or retain our local solicitor and fork out for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?

Unfortunately,no. The home loan offered to you is subject to its various provisions, a common one being that lawyers needs to be on the Coventry Building Society solicitor panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Coventry Building Society

How can we know in advance if a Victoria Dock conveyancing solicitor on the Coventry BS panel is any good?

When it comes to conveyancing in Victoria Dock getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer handling your transaction.

I have paid off my mortgage with Coventry BS. I assume I don't need a Victoria Dock lawyer on the Coventry BS panel to discharge the mortgage at the Land Registry. Please confirm.

If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

  1. but are not moving to another property
  2. where Coventry BS has sent the Land Registry the discharge electronically, and
  3. Coventry BS has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Coventry BS mortgage has been paid off.

Intending to buy a flat in Victoria Dock. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Victoria Dock property lawyer is on the Nationwide conveyancing panel.

Do commercial conveyancing searches reveal planned roadworks that could affect a commercial estate in Victoria Dock?

Its becoming the norm that commercial conveyancing solicitors in Victoria Dock will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Victoria Dock. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Victoria Dock.

For each commercial conveyancing transaction in Victoria Dock it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Victoria Dock commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Victoria Dock.

Last updated

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