My mortgage broker requires my Penrith lawyer’ panel member for the Lloyds conveyancing panel. What is the best way to discover this. I have called my local Penrith branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your Penrith property lawyer . They should have a central record lender panel numbers.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Penrith. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 22/2/2026, the requirements read as follows :
I am buying my first flat in Penrith benefiting from help to buy. The developers would not reduce the price so I negotiated £7000 of extras instead. The property agent suggested that I not reveal to my lawyer about the extras as it would put at risk my loan with the bank. Is this normal?.
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 CML website. CML 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.
My father has urged me to use his conveyancing solicitors in Penrith. Should I use them?
No doubt the best way to find a conveyancing solicitor is to have referrals from friends or family who have actually used the firm that you are considering.
I am tempted by the attractive purchase price for a couple of apartments in Penrith which have approximately 50 years remaining on the leases. should I be concerned?
A lease is a legal document that entitles you to use the property for a period of time. As a lease gets shorter the saleability of the lease deteriorates and results in it becoming more costly to acquire a lease extension. For this reason it is generally wise to increase the term of the lease. It is often difficulties arise selling premises with a short lease because mortgage lenders may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this arena.
Penrith Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying
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What restrictions exist in the Penrith Lease? How is the lease structured? The best form of lease arrangement is if the freehold reversion is owned by the leaseholders. In this arrangement the leaseholders have control and even though a managing agent is usually retained if the building is bigger than a house conversion, the managing agent acts for the leaseholders themselves.
What are my options where I am not happy with the conveyancing practitioner who handled our conveyancing in Penrith?
Occasionally the level of service you receive is not as you expect, and unfortunately sometimes things do go wrong. That being said there is recourse where you were unhappy with your conveyancing in Penrith. This varies from trying to resolve matters directly with them, through to reporting a conveyancer to their regulator. If you remain aggrieved you may consider enlisting the help of the Legal Ombudsman.