I am nearing exchange of contracts for my house in Woodhouse and Handsworth and the EA has just text me to say that the buyers are changing their property lawyer. I am told that this is due to the fact that the mortgage company will only engage with property lawyers on their approved list. On what basis would a major lender only work with specific lawyers rather the firm that they want to appoint to handle their conveyancing in Woodhouse and Handsworth ?
Lenders have always had an approved set of law firms they are content to work with, but in the past few years big names such as Lloyds Banking Group, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for many years.
Mortgage companies point to the increase in fraud as the reason for the pruning – criteria have been stiffened as a smaller panel is easier to oversee. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is hearing daily from firms that have been removed from panels. Some do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are unlikely to have any impact on this.
My wife and I are only a couple days away from an exchange on a property in Woodhouse and Handsworth and my mum and dad have sent the ten percent deposit to my solicitor. I am now informed that as the deposit has not arrived from me my conveyancing practitioner needs to disclose this to my mortgage company. I am advised that, in also acting for the mortgage company he must advise them that the balance of the purchase price is not just from me. I advised the mortgage company concerning my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?
The conveyancing practitioner is duty bound to check with lender to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
About to place an offer on a leasehold apartment in Woodhouse and Handsworth. The selling agents tell me that it is usual for flats in Woodhouse and Handsworth to have less than 75 years left on the lease. I am obtaining a mortgage with Platform. Is this going to be a problem if the lease has 72 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 7/3/2026 the requirements read as follows :
What will a local search inform me about the property my wife and I purchasing in Woodhouse and Handsworth?
Woodhouse and Handsworth conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search is essential in every Woodhouse and Handsworth conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search will reveal data on, amongst other things, details on planning applications applicable to the premises (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 headings.
What makes your site different to other online quote calculators for conveyancing in Woodhouse and Handsworth?
At this site secure a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Woodhouse and Handsworth. As opposed to estate agents and brokerage sites we do not charge firms a commission if you appoint them for your home move in Woodhouse and Handsworth
We're first time buyers - agreed a price, but the property agent advised that the seller will only go ahead if we use their chosen conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a local conveyancer with experience of conveyancing in Woodhouse and Handsworth
We suspect that the seller is not behind this demand. If they require ‘a quick sale', turning down a serious buyer is likely to cause more damage than good. Contact the owners directly and make the point that (a)you are keen to buy (b)you are ready to go, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you intend to instruct your own,trusted Woodhouse and Handsworth conveyancing solicitors - not the ones that will give their negotiator at the agency a commission or hit his conveyancing figures pre-set by corporate headquarters.