lenderpanel

Find a Walmley Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Walmley

I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Walmley. My lender is Platform

Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 25/1/2025, the requirements read as follows :

My bid for a property was accepted at auction in Walmley. Conveyancing is necessary. What is next?

Having exchanged you should appoint a conveyancing solicitor quickly as you are faced with a fast approaching a drop dead date to complete the conveyancing. Every auction property should have a bespoke legal pack. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the conveyancing pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You should hand this to the conveyancer working for you ASAP. You also need to ensure that you have funds in order to complete the transaction on the set completion date.

I'm at the point of looking at houses in Walmley and I am about to put in an offer. Should I already have a lawyer appointed at this point? I am planning to take a mortgage with Barclays.

It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are seeking a mortgage with Barclays, ask your prospective lawyers if they are on the Barclays conveyancing panel otherwise they can't do the mortgage legal work.

It is unclear whether my mortgage offer requires a lease extension. I have called into my local Walmley building society branch on numerous occasions and was reassured it wasn't an issue and they will lend. My Walmley conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.

Your conveyancing practitioner must comply with the Council of Mortgage Lenders’ Handbook Part 2 requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the bank 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 bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am purchasing my first flat in Walmley with a mortgage from Bank of Ireland. The sellers refused to reduce the amount so I negotiated 6k of extras instead. The estate agent suggested that I not disclose to my conveyancer about this deal as it could adversely affect my mortgage 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.

Over the last few months I have been searching for a ground for flat up to £305k and found one near me in Walmley I like with open areas and railway links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Walmley in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a mortgage the shortness of the lease will likely be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.

What can I do where I am not happy with the property lawyer who handled our conveyancing in Walmley?

We live in an imperfect world, and unfortunately sometimes things do go wrong. However there is recourse where you were not happy with your conveyancing in Walmley. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If things still aren’t resolved you may consider getting in touch with the Legal Ombudsman.

Last updated

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