My fiance and I are looking to buy a house in Tidworth and have appointed a Tidworth conveyancing firm. Within the past 48 hours our lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Birmingham Midshires have this morning contacted us to inform me that there is now an issue as our Tidworth solicitor is not on their conveyancing panel. Is this a problem?
When purchasing a property with the benefit of a mortgage it is conventional for the purchasers' lawyers 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 Quality Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Tidworth lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
We have a mortgage agreed in principle with Aldermore. Tidworth conveyancing practitioners have been appointed. What is the average time that one could expect to receive a mortgage offer from Aldermore?
Some lenders take longer than others. Have Aldermore conducted the valuation? Have you informed Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am buying a property in Tidworth. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Lloyds be concerned?
Given that you are obtaining a mortgage with Lloyds your lawyer must follow the formal instructions contained in Section two of UK Finance Lenders’ Handbook for Lloyds. The Council of Mortgage Lenders’ Handbook includes minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Lloyds where a lease does not meet these conditions. The provisions relate to the installation of panels on properties in England and Wales and is not limited to Tidworth.
My offer was accepted on a house in Tidworth on 24/7/2025, valuation was booked 3 days after, all came back fine. Property lawyer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Aldermore and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Aldermore 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 Aldermore to deal with your lawyer's application to be on the Aldermore conveyancing panel. There's no guarantee that your solicitor will be accepted.
My friend recommended that where I am buying in Tidworth I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Tidworth conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Tidworth around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Tidworth Education with plans and statistics, Local Amenities and other useful data about Tidworth.
I have justdiscovered that Arc property Solicitors have been shut down. They carried out my conveyancing in Tidworth for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tidworth conveyancing specialists.
I am looking for a leasehold apartment up to £235,500 and found one close by in Tidworth I like with amenity areas and station in the vicinity, however it's only got 52 years unexpired on the lease. There is not much else in Tidworth in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a home loan the shortness of the lease will be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.
Is it simple use the search tool to find a conveyancing solicitor in Tidworth on the authorised to act for my mortgage?
1st pick a bank such as Birmingham Midshires, Skipton Building Society or Platform Home Loans Ltd then type in your preferred area a common one being Tidworth. Conveyancing firms in Tidworth and further afield should be listed.