I was told yesterday by my mortgage adviser that my East Dean solicitor is not on the mortgage company Conveyancing panel. What can I do to be sure whether this is correct?
The first thing you need to do is to contact your East Dean conveyancer. You lawyer should notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
I am need of leasehold conveyancing for a flat in a relatively new development (seven years built) in East Dean. Almost all the properties are already sold. Do I need carry out the conveyancing searches as part of conveyancing in East Dean?
Where you are obtaining a mortgage, your mortgage company will need some (many) of the searches so you'll have no choice. If not, then East Dean conveyancing searches are for you to decide upon. Your solicitor, will ’encourage’, perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or you may need to find a new lawyer for your conveyancing in East Dean.
I have 7378 less than 75 years unexpired on my lease and need a lease extension for my apartment in East Dean. Conveyancing solicitors on the Tesco Bank panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 4/10/2025 the requirements read as follows :
I have been told that property searches are the number one reason for delay in East Dean house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances during the legal transfer of property. Searches are not likely to feature in any delay in conveyancing in East Dean.
Are there restrictive covenants that are commonly picked up as part of conveyancing in East Dean?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in East Dean. 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…’
My nephew is embarking on her first house purchase, he had his mortgage in principle. When the offer was accepted on apartment we telephoned the building society to issue the formal offer. We were shocked to learn that mortgage companies do not accept all solicitor, they must be on their panel, is this legal?
Lenders normally imposes restrictions either the type or the number of conveyancing practices on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any East Dean conveyancing practitioner on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.