Am I correct in assuming that the fact that my conveyancer in Frampton on Severn is not identified on my lender's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
That would most likely be a wrong assumption to make. There are plenty of reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Frampton on Severn conveyancing firm and ask them why they are no longer on the approved list for your bank.
My wife and I have recently appointed a conveyancing solicitor in Frampton on Severn. I I would like to check whether they are accepted on the Alliance & Leicester approved list of lawyers. Could you advise?
The first thing to do is e-mail your conveyancer and ask them whether they can act for the lender. Otherwise please call Alliance & Leicester who may be able to help.
This question may be naive but I am unexperienced as a 1st time buyer of a ground floor flat in Frampton on Severn. Do I collect the keys to the house on the completion date from my lawyer? If so, I will find a local conveyancing solicitor in Frampton on Severn?
On the day of completion you will not be required to go to the conveyancers office in Frampton on Severn. Your solicitors will electronically transfer the completion advance to the vendor’s lawyers, and once they have received this, you will be able to collect the keys from the selling Agents and move into your new home. Usually this happens between 1 and 3pm.
I am the sole recipient of my late grandmother’s estate with all property in now in my sole name, including the my former home in Frampton on Severn. The Frampton on Severn property was put into my name in December. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship could be treated the same way as though I had purchased the house in December. Will no one buy the property for half a year?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. How sensible a view mortgage companies take of it, depend on the mortgage company as this clause is primarily there to capture subsales or the flipping of property.
My offer was accepted on a property in Frampton on Severn on 1/12/2025, valuation was booked 3 days later, all came back fine. Conveyancer instructed, so all that was missing 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. Are Aldermore entitled to hold back the Mortgage pending the lawyer being on the approved list?
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.
I'm purchasing a new build house in Frampton on Severn with the aid of help to buy. The sellers refused to move on the price so I negotiated 6k of additionals instead. The property agent advised me not inform my conveyancer about this extras as it may jeopardize my mortgage with Platform Home Loans Ltd. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How difficult is it to swap conveyancer as I need to retain a firm on the Aldermore conveyancing list. I hired a family conveyancing solicitor in Frampton on Severn five minutes from me but the firm is not accepted by Aldermore
We will our best to assist in finding you a conveyancing solicitor in Frampton on Severn on the Aldermore panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Frampton on Severn. In utilising search facility on this site, you can compare costs for conveyancing solicitors in Frampton on Severn and beyond.
My lawyers in Frampton on Severn have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the bank. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the lender directly.