I am purchasing a maisonette in Barnt Green. My property lawyer is not listed on the mortgage company approved panel. Am I still permitted to retain my Barnt Green conveyancing solicitor notwithstanding that they are not on the mortgage company panel of approved conveyancing solicitors?
One will need to use a conveyancing practitioner to complete the legal work required if you require a loan to buy your property. They will conduct all the essential due diligence on the property, ensuring that you’re registered as proprietor and ensure that all the required mortgage documentation is dealt with. You can appoint a Barnt Green property lawyer of your choosing. Nevertheless, where the conveyancing practitioner appointed is not on the mortgage company approved list additional fees will be levied as separate legal representation will be need by the lender. Lender panel applications can be submitted, so where your conveyancer has not previously sought membership they should do so.
In the event thatI was to acquire a straightforward homein Barnt Green mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Barnt Green?
Any savings you would make will be limited to the Barnt Green conveyancing searches. A solicitor is obliged to do the vast majority of work - money laundering, correspond with the sellers property lawyer, SDLT return, register the property etc. A marginal saving might be made by not having to register a mortgage however it will not be significant.
My wife and I are buying a property in Barnt Green. It might be a silly question but how we can trust a solicitor? At some point we have to put our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am selling my house. I had a double glazing fitted in March 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Nationwide are being pedantic. The Barnt Green solicitor who is on the Nationwide conveyancing panel is recommending indemnity insurance as a solution but Nationwide are insisting on a building regulation certificate. Why do Nationwide have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nationwide have referred the matter to their valuer. The reason why Nationwide may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
My offer was accepted on a house in Barnt Green on 17/6/2025, valuation was booked 3 days later, received a clean bill of health. Property lawyer appointed, so all that was missing was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Are Nationwide entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have been on the look out for a ground for flat up to £245,000 and identified one round the corner in Barnt Green I like with open areas and transport links in the vicinity, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Barnt Green suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage that many years will likely be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
We are 3 weeks into a leasehold purchase having been referred to solicitors by the local agent to carry out the conveyancing in Barnt Green. I am not happy. Can you help me find new conveyancers?
A lawyer would have to be very poor in order to consider replacing them. Has the loan offer been sent? In the event that it has you will need to inform them of the replacement lawyer and ensure the mortgage documents are re-issued. The solicitor ideally should be on the mortgage company approved list to avoid supplemental expenses and frustration. So that should be your first question of the new solicitors. The search tool should assist you in finding a bank approved solicitor for your conveyancing in Barnt Green
After what seems like an age I have had an offer on an flat in Barnt Green accepted, but there is a chain. The current proprietors have offered on on an apartment, but it’s not yet agreed to, and are looking at other properties booked. I have instructed a nearby conveyancing solicitor in Barnt Green. What should be my next step? When should I get the mortgage application with Yorkshire BS started with Yorkshire BS?
It is standard to have anxieties where there is a chain given your reluctance to be too out of pocket too early (mortgage application is approx one thousand pounds, then survey, Barnt Green conveyancing search charges, etc). First, you must ensure that your lawyer is on the Yorkshire BS conveyancing panel. As to the next steps this very much dictated by the uniqueness of your transaction, desire for this property and on the state of the market. In a buoyant market the majority of home buyers would apply for the mortgage with Yorkshire BS and arrange for the survey and only if it was satisfactory would they ask their solicitor to press on with searches.