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Find a Waterbeach Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Waterbeach

I was notified yesterday by my IFA that my Waterbeach property lawyer is not on the mortgage company Conveyancing panel. How can I be sure whether this is correct?

You need to call your Waterbeach lawyer directly. You lawyer should inform you of the situation. If they are not on the panel they may be able to suggest a Waterbeach conveyancing firm that is on the approved list of lawyers for your lender.

I am selling my flat. I had a double glazing fitted in August 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, UBS are being problematic. The Waterbeach solicitor who is on the UBS conveyancing panel is recommending indemnity insurance as a solution but UBS are insisting on a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?

It is probably the case that UBS have referred the matter to their valuer. The reason why UBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

About to purchase apartment in Waterbeach. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB 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 Waterbeach solicitor is on the TSB conveyancing panel.

My offer was accepted on a house in Waterbeach on 22/3/2024, valuation was booked five days after, received a clean bill of health. Property lawyer retained, so all that was missing was my mortgage offer. Having made daily calls to TSB and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the TSB conveyancing panel. Are TSB entitled to hold back the Mortgage pending the lawyer being on the approved list?

Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.

I am a sole trader looking to lease a unit on the high street. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Waterbeach for under 1500k?

We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Waterbeach, including the disposal and purchase of businesses as well as simply premises. Whether you are looking to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right firm. Regarding the costs these will vary based on the structure and heads of terms of the deal. Please provide us with your contact information or telephone us so that we can supply you with comprehensive commercial conveyancing quote.

Can you offer any advice when it comes to choosing a Waterbeach conveyancing practice to deal with our lease extension?

If you are instructing a property lawyer for your lease extension (regardless if they are a Waterbeach conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We advise that you talk with several firms including non Waterbeach conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be useful:

    How familiar is the practice with lease extension legislation? If they are not ALEP accredited then what is the reason?

Leasehold Conveyancing in Waterbeach - Examples of Questions you should ask before Purchasing

    The best form of lease arrangement is a share of the freehold. In this scenario the tenants enjoy being in charge if their destiny and notwithstanding that a managing agent is often retained where the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves. Its a good idea to find out as much as possible regarding the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents both financially and when it comes to daily issues such as the upkeep of the common parts. Enquire of prospective neighbours what they think of their service. Finally, be sure you discover the dates that you are obliged pay the service charge to the managing agents and precisely how they are spending the funds.

My fiance and I are planning to purchase a 2 room housein Waterbeach with a residential mortgage from a bank. We have selected a solicitor in Waterbeach but our mortgage company advise she’s not approved on their "panel". Apparently we need to choose one of the our bank panel solicitors or stay with our Waterbeach conveyancer and incur the extra legals for one of their panel ones to represent our mortgage company. We feel as though this is unjust; Can we not simply insist that our lender use our Waterbeach lawyer?

No, not really. The lender home loan offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender's conveyancing panel. Until recently, most banks had large numbers of law firms on their panels, including almost all conveyancing solicitors in Waterbeach : 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. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for your mortgage company.

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