I am selling my ground floor flat in Axmouth and Branscombe and the EA has just called to say that the buyers are changing their conveyancer. The reason given is that the mortgage company will only deal with solicitors on their conveyancing panel. Why would a major lender only deal with specific lawyers rather the firm that they want to choose for their conveyancing in Axmouth and Branscombe ?

Lenders have always had an approved set of law firms that can act for them, but in the last few years big names such as Santander, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for many years.

Lending institutions blame a rise in fraud by way of justification for the cull – criteria have been stiffened as a smaller panel is easier to keep an eye on. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is being contacted daily by practices that have been removed from panels. Plenty of firms 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. The purchasers are unlikely to have any sway in the decision.

I am buying a new build duplex in Axmouth and Branscombe and my conveyancer is informing me that she has to the mortgage company to disclose incentives from the developer. The Estate Agents are hassling me to sign contracts and I would rather not prolong matters. is my lawyer playing by the book?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

We are planning to buy with Earl Shilton BS. I called into a couple of high street solicitors but cant to find a Axmouth and Branscombe conveyancing firm on the Earl Shilton BS panel. Can you assist?

Please do take advantage of the search tool on this web page. Please choose the building society and type Axmouth and Branscombe or your location and you will see numerous solicitors located in Axmouth and Branscombe or near you.

What will a local search reveal regarding the house my wife and I purchasing in Axmouth and Branscombe?

Axmouth and Branscombe conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance PSG The local search plays a central role in many a Axmouth and Branscombe conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the property (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 13 subject areas.

What does commercial conveyancing in Axmouth and Branscombe cover?

Non domestic conveyancing in Axmouth and Branscombe covers a broad range of advice, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.