Me and my fiance are buying a 3 bedroom flat in Ruskington with a mortgage. We wish to retain our Ruskington solicitor, but the lender advise she’s not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our Ruskington conveyancer and pay for one of their panel firms to act for them. We consider that this is inequitable; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Ruskington conveyancing lawyer to apply to be on the conveyancing panel.
The Ruskington conveyancing firm handling our Ruskington conveyancing has discovered a difference between the information in the valuation survey and what is revealed within the conveyancing documents. My solicitor has advised that he must ensure that the bank is happy with this discrepancy and is content to go ahead. Is my solicitor’s course or action appropriate?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Can you explain why leasehold purchase conveyancing in Ruskington costs more?
Ruskington leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
What is the difference between a licensed conveyancer and conveyancing solicitor in Ruskington
There are two types of lawyers who can conduct conveyancing in Ruskington namely CLC regulated conveyancers or solicitors. The two can handle conveyancing services that you need to complete the disposal or purchase of property. They are both duty bound to conduct Ruskington conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally conducted and that all requisite steps should be correctly taken.
I am due to move home in August. Will my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you recommend a removal company in Ruskington. Conveyancing firm was organised prior to coming across this page.
On the afternoon of completion you can pick up the house keys from the estate agent but this should only be done when the sellers lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You will need to tell the removal company that you are ready to move in. We do not suggest a specific removal organisation but can help you locate a residential property solicitor in Ruskington or a legal practice that specialises in conveyancing in Ruskington.
I had an offer accepted on an apartment in Ruskington on 27/5/2025, valuation was booked 3 days later, all came back fine. Property lawyer appointed, so all that was missing was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have been pointed in your direction by a few property agents in Ruskington to select a solicitor using your seach tool. Is there a financial incentive for Estate Agents to offer your lawyers over another?
We refuse to make any financial incentive for pointing buyers and sellers in our direction. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
How much experience do your Ruskington conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Ruskington conveyancing lawyers help thousands of people move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Ruskington conveyancers have worked on recent similar cases.