Do the Building Society Association intend to launch a search tool with a view to list firms on the Melton Mowbray Building Society conveyancing panel for instance in Durrington?
Lexsure has not been advised of any intention on the part of the BSA to promote such a search facility.
is it true that all Durrington solicitors on the Yorkshire BS conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Yorkshire BS conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Some banks do allow licenced conveyancers on their panel in which case such practice would be overseen by the CLC.
My offer was accepted on a property in Durrington on 24/7/2025, valuation was booked 2 days later, received a clean bill of health. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Are Nationwide entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
After what seems like an age I have had an offer on a maisonette in Durrington accepted, the vendors do nevertheless have an associated purchase. The vendors have offered on a property, however it’s not been accepted yet, and have viewings of other properties in the pipeline. I have selected a nearby conveyancing solicitor in Durrington. What should be my next step? At what stage do I apply for the mortgage with Barclays?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then valuation, Durrington conveyancing search fees, etc). The first course of action is to check that your conveyancer is on the Barclays approved list. Regarding the subsequent stages this very much depends on the uniqueness of your case, motivation for this property and on the state of the market. During a buoyant market the majority of buyers would apply for the mortgage with Barclays and pay for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to press on with the conveyancing in Durrington.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Durrington. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Durrington
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared.
Due to the encouragement of my in-laws I had a survey completed on a house in Durrington ahead of instructing solicitors. I have been told that there is a flying freehold element to the property. The surveyor advised that some banks tend refuse to give a mortgage on such a home.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. If you call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Durrington. Conveyancing will be smoother if you use a solicitor in Durrington especially if they are familiar with such properties in Durrington.
I need to retain a conveyancing solicitor for sale conveyancing in Durrington. I've discover a web site which looks to be the perfect answer If it is possible to get all the legals done via email that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My partner and I are purchasing a studio flat in Durrington. At the time of instructing our property lawyer, we were told they were on all mainstream mortgage company panels. Our financial adviser called yesterday to say that they don't appear to be on the Barclays approved list. Were it to be true, what should we do? Should we just find a new property lawyer that is on their panel or should we cover the costs for separate representation, with Barclays selecting their own preferred lawyer.
When acquiring a property with mortgage finance it is usual for the buyer’s solicitors to also act for the purchaser's lender. In order to act for a bank or building society a conveyancer has to be on that lender's conveyancing panel. An application has to be made by the property lawyer to the lender to become a member of the lender's panel and there are increasingly strict criteria which the lawyer has to meet. Some banks now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should call Barclays to discover if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on Barclays's conveyancing panel as you are at liberty to use your preferred Durrington lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.