We are looking to buy a property and require a conveyancing solicitor in Wool who is on the Lloyds solicitor panel. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Wool.

Is there a search tool that I can utilise to investigate if the solicitor conducting my conveyancing in Wool is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Virgin Money thus paying £192.00 in additional legal fees.

Please do take advantage of the search tool on this web page. Please choose the mortgage company and type ‘Wool’ or your location and you will discover a number of lawyer offices in Wool or nearest you.

Just had an offer accepted on a new build flat in Wool. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Wool

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

Due to the advice of my in-laws I had a survey completed on a house in Wool in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks will refuse to give a loan on a flying freehold house.

It depends who your proposed lender is. Santander has different instructions from Nationwide. If you contact us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wool. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wool to see if the conveyancing costs will increase in light of this.

My sealed bid on property in Wool was agreed to, but there is a chain. The vendors have submitted an offer on a property, however it’s not yet tied up, and has viewings of other apartments booked. I have chosen a local conveyancing lawyer in Wool. What do I do now? At what point do I apply for the mortgage with RBS?

It is standard to have apprehensions where there is a chain given your reluctance to incur costs prematurely (mortgage application is in the region of £1k, then valuation, Wool conveyancing search fees, etc). First, you should check that your property lawyer is on the RBS approved list. As to the next steps this very much dictated by the uniqueness of your case, desire for this property and on the state of the market. In a hot market some buyers would apply for the mortgage with RBS and arrange for the survey and only if it was satisfactory would they pay their conveyancing practitioner to move forward with the conveyancing in Wool.