Much to our surprise we have been advised by our estate agent that my Knighton solicitor is not on the bank Conveyancing panel. What can I do to be sure if this is correct?
Your first step should be to call your Knighton lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
What does my ID and proof of funds have anything to do with my conveyancing in Knighton? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Knighton. However these days you can not complete any conveyancing deal without first submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a utility bill. Remember if you are supplying your driving licence as proof of ID it must be both the paper element as well as the photo card part, one is not acceptable in the absence of the other.
Verification of your source of funds is required in accordance with the Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancing solicitor must retain this information on file. Your Knighton conveyancing practitioner will need to see evidence of proof of funds prior to accepting any funds from you into their client account and they may also ask additional questions regarding the origin of monies.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Knighton. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 26/10/2026, the requirements read as follows :
Various web forums that I have visited warn that are the number one reason for stalling in Knighton conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of hindrances during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Knighton.
I'm purchasing a new build house in Knighton with a loan from Lloyds TSB Bank. The sellers refused to budge the amount so I negotiated 6k of extras instead. The property agent suggested that I not disclose to my lawyer about this side-deal as it would affect my loan with Lloyds TSB Bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the UK Finance website. UK Finance form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Knighton is where the house is located. Is there any guidance you can give?
Flying freeholds in Knighton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Knighton you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knighton may ascertain 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 residence.