Am I correct in assuming that the fact that my solicitor in Babbacombe is not listed on my bank's solicitor panel that there is a problem with the quality of her conveyancing?
That is more than likely a wrong assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Babbacombe conveyancing firm and enquire why they are no longer on the approved list for your lender.
Can conveyancing in Babbacombe to be completed in a month?
Where the seller is applying pressure to complete it is advisable to make sure that your conveyancer is familiar with the location as they will have local connections and know-how. It is possible that they could have conducted previoushomes in the same neighbourhood. You would be best advised to use a Babbacombe conveyancing solicitor. In addition, be sure that the lawyer is on the member panel. It is understood that nearly one in five of Babbacombe conveyancing deals are held up or jeopardised after discovering a purchaser’s solicitor was not on their mortgage lender’s panel. This can often result in the legal process being delayed by as much as three weeks. It is claimed that this issue affects approximately 100,000 home sales annually. Almost all Babbacombe conveyancing firms can not act for certain lenders so do check as early as possible.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Babbacombe. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/4/2025, the requirements read as follows :
Are there restrictive covenants that are commonly identified as part of conveyancing in Babbacombe?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Babbacombe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Babbacombe is where the house is located. Can you shed any light on this issue?
Flying freeholds in Babbacombe are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Babbacombe you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Babbacombe may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm refinancing my existing property to a buy to let loan with TSB and intend to use the remaining equity towards another property. The area we are talking about is Babbacombe. Will your conveyancers be able to act for both sets of banks and link together the two deals?
Do use our comparison tool on this page to be sure that the conveyancers are approved by both banks. Assuming that they are the solicitor should be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and make clear your expectations and needs.