My husband and I are planning to buy a house in Eastleigh and are in fact using a Eastleigh conveyancing practice. Within the last couple of days our solicitor has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Norwich and Peterborough Building Society have this afternoon contacted us to inform me that there is now an issue as our Eastleigh conveyancer is not on their approved list of lawyers. Please explain?
If you are buying a property requiring a mortgage it is normal for the purchasers' lawyers to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel and you may continue to use your own Eastleigh solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
We are about to sign contracts for a semi detached house in Eastleigh. We have hit a snag. The loan offer with TSB runs out on 3/11/2025 but the vendors are putting forward a completion date of 5/11/2025. Can one extend the loan expiry date?
The person best placed to address this question is your conveyancer who will hopefully determine whether they should be discussing with the lender, owner’s conveyancers, property agents or possibly all three given the circumstances your house move as of today.
What does my ID and proof of funds have anything to do with my conveyancing in Eastleigh? Is this really warranted?
Eastleigh conveyancing solicitors and indeed property lawyers accross the UK have an obligation under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to ensure that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).
Proof of source of funds is also required under the money laundering laws as lawyers are required to check that the money you are using to buy a property (whether it be the deposit for exchange or the full purchase price where you are a cash purchaser) has originated from legitimate source (such as an inheritance) and is not the proceeds of criminal activity.
We are planning to move property in November. Does my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you recommend a removal company in Eastleigh. Conveyancing lawyer was organised prior to coming across this website.
On the day of completion you can collect the house keys from your selling agent but this can only happen once the vendors conveyancers confirm to the agent that the monies to complete are in and the keys can be handed over. You will need to tell the removal company that you are ready to move in. As a matter of policy we do not recommend a specific removal company but can help you choose a conveyancing in Eastleigh or a firm that specialises in conveyancing in Eastleigh.
Can I be sure that the Eastleigh conveyancing solicitor on the UBS panel is any good?
When it comes to conveyancing in Eastleigh seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the solicitor handling your transaction.
My wife and I are spending time viewing flats in Eastleigh and I am about to put in an offer. Is it wise to have a lawyer on ‘stand by’? I am planning to take a home loan with HSBC.
It would be wise to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are obtaining a mortgage with HSBC, make sure you remember to check that your lawyer is on the HSBC conveyancing panel.
I am buying a new build flat in Eastleigh. Conveyancing is daunting 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.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Eastleigh
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Please confirm the Lease plans are architect prepared. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Living abroad it is not practicable to visit my Eastleigh conveyancing lawyers office to execute documents for conveyancing in Eastleigh – is this a problem?
Not a problem. Eastleigh conveyancing solicitors can conduct home moves for clients across the country. It is not necessary for you to be able to attend a Eastleigh conveyancers office. Almost all solicitor can deal with all communications remotely from their Eastleigh premises.