Me and my fiance are planning to acquire a 2 bedroom apartment in Queenborough with a mortgage. We would like to retain our Queenborough solicitor, however the bank advise he's not on their "panel". It appears that we have no choice but to select one of the bank panel solicitors or keep our Queenborough lawyer and pay for one of their panel lawyers to act for them. We consider that this is unjust; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Queenborough conveyancing lawyer to apply to be on the conveyancing panel.
We were just about to sign contracts for a ground floor flat in Queenborough. We have hit a problem. The loan offer with Alliance & Leicester runs out on 8/4/2026 but the sellers are putting forward a completion date of 10/4/2026. Can one extend the mortgage offer?
The person best placed to address this issue is your conveyancer who is in a position to calculate if they better off negotiating with the bank, owner’s representatives, property agents or possibly all parties taking into account what has happend in your transaction to date.
I am planning to acquire a house and require a conveyancing solicitor in Queenborough who is on the Britannia approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Britannia in certain locations such as Queenborough. We dont recommend any particular firm.
I'm purchasing a new build house in Queenborough with a loan from National Westminster Bank. The builders would not budge the amount so I negotiated £7000 of additionals instead. The estate agent told me not inform my lawyer about this side-deal as it would jeopardize my mortgage with the lender. Is this normal?.
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.
I decided to have a survey done on a house in Queenborough before instructing lawyers. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some lenders tend not issue a mortgage on a flying freehold house.
It varies from the lender to lender. HSBC has different requirements from Nationwide. If you contact us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Queenborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Queenborough to see if the conveyancing will be more expensive.
Are Queenborough conveyancing solicitors duty bound by the Law Society to supply transparent conveyancing costs?
Contained within the Solicitors Code of Conduct are prescriptive rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be interpreted as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, represent the Law Society’s perspective of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Queenborough or across England and Wales.