I am acquiring an apartment in Radcliffe. My Solicitor is not listed on the lender conveyancing panel. Can I still use my Radcliffe conveyancing solicitor notwithstanding that they are excluded from the mortgage company list of approved lawyers?
Your options include
- Proceed with your chosen Radcliffe lawyer but your lender will need to instruct a property lawyer from their approved list. The net result is additional cost together with likely frustration.
- Choose a new conveyancer to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to get listed on the lender’s conveyancing panel
My lawyer has uncovered a a legal deficiency with the lease for the apartment we are purchasing in Radcliffe. The other side have suggested defective title insurance as a workaround. We are content with insurance and will pay for it. Our property lawyer says that he must check that the bank is willing to move forward with this solution. Who is the client here, us or the bank?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the lender are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
What does my ID and proof of funds have anything to do with my conveyancing in Radcliffe? Is this really necessary?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to check the identification documents of the person or body they are dealing with prior to agreeing to accepting their conveyancing business. The Client Care letter that you need to sign should reaffirm this. Your lender will also require certain documents to be checked. If you refuse to hand over identification documents, your conveyancer will not be able to take you on as a client.
What can a local search reveal about the property my wife and I purchasing in Radcliffe?
Radcliffe conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search is essential in every Radcliffe conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
I am looking into buying my first house which is in Radcliffe and I am already nervous. I couldn't find anything specific about Radcliffe. Conveyancing will be needed in due course but do you know about the Radcliffe area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Radcliffe. In the meantime here are some basic statistics that we found
I recently become aware that one of the directors of the law firm undertaking the purchase conveyancing in Radcliffe is an uncle of the vendor. Is this allowed?
As long as no conflict arises this is allowable. If you are needing a mortgage then the bank may have a say as many lenders have specific instructions on this. For example for Coventry Building Society as of 1/9/2025, the requirements read as follows :