I am not in a position to travel far from Lifton. What is the rationale as to why all Lifton property lawyers are not on all bank panels?
Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The dismissal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its conclusions included recommendations for mortgage companies to review their conveyancing panels, which kicked off a major policy change in the sector. This led to mortgage companies removing less reputable firms from their official list of approved lawyers .
In what way does my ID and proof of funds have anything to do with my conveyancing in Lifton? What am I being asked for?
You are right in these requests have nothing to do with conveyancing in Lifton. Nowadays you can not complete any conveyancing transaction if you have not submitting proof of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Please note that if you are supplying your driving licence as evidence of identification it needs to be both the paper section and photo card part, one is not sufficient without the other.
Proof of the origin of monies is mandated under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor must have this information on record. Your Lifton conveyancing practitioner will require evidence of proof of funds prior to accepting any monies from you into their client account and they may also ask additional questions regarding the source of funds.
My fiancee and I are spending time looking at flats in Lifton and I am now considering a potential offer. Is it premature to have a solicitor in place? I will be getting a mortgage with Bank of Ireland.
It would be prudent to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are seeking a mortgage with Bank of Ireland, ask your prospective lawyers if they are on the Bank of Ireland conveyancing panel otherwise they can't do the mortgage legal work.
I have today made my last payment due on my mortgage with Yorkshire BS. I assume I don't need a Lifton solicitor on the Yorkshire BS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
My offer was accepted on a property in Lifton on 1/4/2026, valuation was booked 3 days later, received a clean bill of health. Conveyancer instructed, so all that was missing was my mortgage offer. Having made daily calls to Kent Reliance and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Kent Reliance conveyancing panel. Are Kent Reliance 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 Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one near me in Lifton I like with a park and station in the vicinity, however it only has 61 years on the lease. I can't really find anything else in Lifton suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan that many years may be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass 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 solicitor about this matter.
I am downsizing from my home. My past solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Lifton if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Lifton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
My cousin has encouraged me to use his conveyancers in Lifton. Do I take his guidance?
There are no two ways about it it’s preferable to select a conveyancing lawyer is to seek guidance from friends or relatives who have previously instructed the firm that you are are thinking of instructing.