My wife and I are intent on purchasing residence in Water Orton. My Conveyancer has never been on on the lender solicitor panel. Am I still permitted to retain my Water Orton conveyancing solicitor even though they are excluded from the lender list of approved lawyers?
You must instruct a lawyer to deal with the formalities when you need a mortgage to purchase your property. The property lawyer will carry out all the appropriate investigations on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage documentation is dealt with. One could appoint a Water Orton conveyancing practitioner of your choice. However, if the solicitor selected is not a member of the bank approved list supplemental fees will be levied as separate legal representation will be need by the lender. Conveyancing panel applications can be submitted, so where your lawyer has not previously applied for membership they can do so.
When does exchange of contracts happen for domestic conveyancing in Water Orton and do I need to attend the lawyers office?
If you are in close proximity to one of the conveyancing solicitors in Water Orton you are welcome to attend to sign contracts. That being said, the firms we recommend offer countrywide coverage for conveyancing and provide just as diligent and professional a job for you when dealing with you electronically. The executing of the purchase agreement is not when everything is set in stone. A signed contract is necessary for the conveyancer to address the formalities at the suitable time, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Water Orton)to be in the office available at the end of the phone to exchange contracts.
My bid for a property was accepted at auction in Water Orton. Conveyancing is required. What is next?
Now that you are exchanged you now have to appoint a conveyancing lawyer as a matter of priority as you will have a pending deadline in which to complete the deal. All auction property should have a corresponding auction pack. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to a leasehold property. You must hand this to the solicitor working for you as soon as possible. You also need to ensure that that you have the requisite funding in order to complete the transaction on the set completion date.
My offer was accepted on a property in Water Orton on 30/7/2025, valuation was booked 4 days later, all came back fine. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to Yorkshire BS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire BS conveyancing panel. Are Yorkshire BS entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
After what feels like an age I have had an offer on a flat in Water Orton agreed to, but there is a chain. The owners have offered on on an apartment, however it’s not yet agreed to, and have viewings of other flats booked. I have chosen a bricks and mortar conveyancing solicitor in Water Orton. What should be my next step? When should I get the mortgage application with Coventry BS started?
It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (home loan application is approx £1k, then valuation, Water Orton conveyancing search fees, etc). First, you should ensure that your conveyancing practitioner is on the Coventry BS conveyancing panel. Regarding the subsequent steps this very much dictated by the circumstances of your case, desire for the property and on the state of the market. During a rising market some purchasers will apply for the mortgage with Coventry BS and pay for the valuation and only if it was satisfactory would they ask their lawyer to move forward with the conveyancing in Water Orton.
I need some expedited conveyancing in Water Orton as I am faced with pressure to complete within one month. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a cash purchaser you are at liberty not to do searches although no solicitor would suggest that you don't. Drawing on our experience of conveyancing in Water Orton the following are instances of issues that can appear and adversely impact the marketability of the property: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
I own a semi-detached Edwardian property in Water Orton. Conveyancing lawyer acted for me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold under the matching property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Water Orton and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing lawyer who completed the work.
Due to the encouragement of my in-laws I had a survey completed on a house in Water Orton before instructing solicitors. I have been advised that there is a flying freehold element to the house. The surveyor has said that some banks tend not give a mortgage on a flying freehold premises.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Water Orton. Conveyancing may be slightly more expensive based on your lender's requirements.