I am acquiring an apartment in Allestree. My Conveyancer has never been on on the lender approved list. Can I still use my Allestree conveyancing solicitor even though they are not on the mortgage company approved list?
Your options include
- Proceed with your existing Allestree solicitor but your lender will need to appoint a lawyer on their approved panel. The net result is additional charges and likely interruption.
- Appoint a new conveyancing practitioner to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
- Convince your conveyancer to attempt to join the mortgage company panel
Will my conveyancing lawyers need to check that the building insurance when buying a house in Allestree. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 1/10/2025, the requirements read as follows :
Various internet forums that I have frequented warn that are a common cause of hinderance in Allestree house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in Allestree.
It has been four months since my purchase conveyancing in Allestree took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Allestree differ for newly converted properties?
Most buyers of new build or newly converted property in Allestree come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Allestree usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Allestree or who has acted in the same development.
I'm selling a property in Allestree. I can find my conveyancer's company on the Law Society's list, but I can't find my lawyer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the practice must be listed by the regulator. As long there is someone qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unlicensed staff.