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Find a Lender-Approved Local Conveyancer in Market Rasen

Ready to buy a new home? Find a law firm approved by your lender.

Follow your intuition—you will have a better house move where you instruct a local solicitor in Market Rasen

Reasons to use our Market Rasen conveyancing solicitors

  • 1 Retaining the services of a a family Solicitor on the whole results in a more bespoke service. When using a large conveyancing firm, your matter is dealt with by a team of people who who update you by determining whether the ‘computers says no’.
  • 2 Solicitors accustomed to conveyancing in Market Rasen are familiar with the local issues specific to Market Rasen and therefore you may benefit from better advice and faster conveyancing.
  • 3 The Market Rasen conveyancing practitioners that are identified are dedicated to supplying the most cost, efficient and accessible conveyancing service to purchasers, sellers and remortgagors in Market Rasen
  • 4 We are the UKs largest domestic conveyancing directory listing bank approved law practices conducting conveyancing in Market Rasen who are regulated by the SRA or Council of Licensed Conveyancers.
  • 5 The hallmark of our conveyancing solicitors in Market Rasen is quality not quantity. The level of service offered by conveyancing "factories" (sometimes 'recommended' by national chain estate agents) often falls short of the level of professionalism you will expect.

Examples of recent conveyancing in Market Rasen since March 2025*

Recently asked questions about conveyancing in Market Rasen

My best friend’s dad is a property lawyer. I am hopeful that I will receive friends and family fee for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Market Rasen?

It’s advisable to obtain two or three conveyancing quotes. Make use of our comparison tool on this page. The charges may vary but the service one can expect are distinct between law firms as is true with most professions.

We are approaching an exchange on a property in Market Rasen and my parents have transferred the exchange deposit to my property lawyer. I am now advised that as the deposit has been received from someone other than me my solicitor needs to disclose this to my bank. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank concerning my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?

The lawyer is obliged to clarify with mortgage company to make sure that they know that the balance of the purchase price is not from your own funds. The solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.

We're in Market Rasen, First time buyers purchasing with a mortgage (lender is Lloyds , and our lawyer is on the Lloyds conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

is it true that all Market Rasen solicitor practices on the TSB conveyancing panel are governed by the Solicitors Regulatory Authority?

As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be overseen by the SRA. Many lenders do permit licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.

I have paid off my mortgage with Leeds Building Society. I assume I don't need a Market Rasen lawyer on the Leeds Building Society panel to discharge the mortgage at the Land Registry. Please confirm.

If you have finished paying off your Leeds Building Society 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 Leeds Building Society mortgage from the register. Leeds Building Society, 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:

  1. but are not moving to another property
  2. where Leeds Building Society has sent the Land Registry the discharge electronically, and
  3. Leeds Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Leeds Building Society mortgage has been paid off.

I have finally had an offer on a maisonette in Market Rasen agreed to, but there is a chain. The vendors have placed an offer on a flat, but it’s not been accepted yet, and have viewings of other flats booked. I have selected a local conveyancing solicitor in Market Rasen. What should be my next step? When do I get the mortgage application with Nationwide going?

It is understandable to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then valuation, Market Rasen conveyancing search fees, etc). First, you must check that your property lawyer is on the Nationwide conveyancing panel. Regarding the next steps this very much depends on the circumstances of your case, attraction to the property and on the state of the market. During a buoyant market many buyers would apply for a home loan with Nationwide and arrange for the valuation and only if it comes back ok would they ask their conveyancing practitioner to move forward with searches.

I have been on the look out for a leasehold apartment up to £235,500 and identified one round the corner in Market Rasen I like with a park and station nearby, the downside is that it's only got 49 years on the lease. There is not much else in Market Rasen suitable, so just wondered if I would be making a grave error buying a short lease?

If you require a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.

Should I cancel the direct debit for my mortgage with Principality once a completion date for my sale in Market Rasen has been agreed?

No, you must maintain meeting any mortgage sums to Principality until the mortgage is repaid on completion as part of your Market Rasen conveyancing.

Last updated

Sale in Market Rasen is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process.

  • Conveyancer instructed by the owners on acceptance of the offer
  • Collating the documents evidencing the title to the property
  • Drafting contract and related papers
  • Supplying draft papers to the solicitor representing the purchaser
  • Finalising the wording for contracts and replying to further questions from the purchaser’s solicitor
  • Agreeing the transfer document
  • Replying to requisitions prepared by the buyer’s solicitor
  • Carrying out the key stage of exchanging contracts and then completion of the sale
  • Receiving sale proceeds and wiring funds to the vendor, the estate agent and other relevant parties (where appropriate)

Transfer of Equity conveyancing in Market Rasen is a complex business, both legally and administratively. The exact order of events varies slightly, below are some of the tasks in the process:

  • Obtaining instructions from the appropriate parties
  • Collating the documents evidencing the title to the property
  • Following instructions from the mortgage company (if appropriate)
  • Agreeing the terms of the transaction
  • Drafting Transfer or approving draft Transfer
  • Negotiating amendments to the draft Transfer
  • Communicating with parties with regards to the Transfer
  • Agreeing and preparing for completion
  • Receiving and transferring funds to relevant parties
  • Preparing and submitting to HMRC the appropriate SDLT forms and payment
  • Dealing with the registration procedures for the new ownership and the home loan (if applicable) at the HMLR.

Market Rasen commercial property solicitors draw on a full range of commercial expertise offering advice on numerous issues across all aspects of commercial property law

    Subletting, licences and sharing occupation Shops,offices,barn conversions, industrial units, commercial trading estates, retail and leisure developments and large residential estates Property finance transactions, including sale and leaseback Drafting and approving option agreements Formation of commercial management companies Sale or acquisition of commercial property investments, including at auction

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.