My fiance and I are hoping to buy a flat in Lewes and have instructed a Lewes conveyancing firm. Within the last couple of days our solicitor has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Virgin Money have this afternoon contacted us to advise us that they have now hit a problem as our Lewes lawyer is not on their approved list of lawyers. Please explain?
When purchasing a property with mortgage finance it is standard for the purchasers' solicitors to also represent the mortgage company. 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 property lawyer should contact your bank 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 are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Lewes lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
How do I find out if the solicitor carrying out my conveyancing in Lewes is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barnsley Building Society thus paying £192.00 in additional conveyancing bill.
You should take advantage of the find a lender approved solicitor tool on this site. Pick the lender and type ‘Lewes’ or your preferred area and you will be presented with numerous conveyancers based in Lewes or near you.
How can we tell if a Lewes conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Lewes obtaining recommendations is a sensible 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 which is cheap as chips. We would always advocate that you speak with the lawyer carrying out your conveyancing.
I am purchasing a property in Lewes. An unusual aspect is that the roof has a solar panel. Santander have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Santander your lawyer must check the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Santander. The Council of Mortgage Lenders’ Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Santander where a lease does not meet these specifications. The provisions relate to the installation of panels on properties nationwide and is not restricted to Lewes.
I have paid off my mortgage with Lloyds. I assume I don't need a Lewes solicitor on the Lloyds panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Lloyds mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Lloyds mortgage from the register. Lloyds, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Lloyds has sent the Land Registry the discharge electronically, and
- Lloyds has instructed the Land Registry to do so
I'm remortgaging my current home to a buy to let mortgage with Birmingham Midshires and intend to use the remaining equity towards a second property. The neighborhood we are talking about is Lewes. Will your solicitors be able to act for the two banks and tie in the conveyances?
Make use of our search tool on this page to be sure that the lawyers are on the relevant lender panels. On the basis that they are the solicitor should be able to tie up the two transactions but you should talk with you lawyer and make clear your desired outcome and requirements.
In surfing the world wide web for the words cheap conveyancing in Lewes it brings up numerous conveyancersin the area. How do I determine which is the suitable conveyancing solicitor for me?
The best method of seeking the right conveyancer is through a personal testimonial, so ask friends and relatives who have purchased a property in Lewes or a respected estate agent or financial adviser. Fees for conveyancing in Lewes differ, so it's advisable to request a minimum of four costs illustrations from different property lawyers. Make sure that you know that the costs are assured not to rise.
I note that you have a search directory identifying law firms on the lender conveyancing panel. Do Lewes conveyancing firms pay you a commission if I retain them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Lewes.