lenderpanel

Find a Lyme Regis Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Lyme Regis? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Lyme Regis home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Lyme Regis conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Lyme Regis

What is the best method for identifying a auction conveyancing in Lyme Regis?

First ask the people you trust who they used in the past and if they were happy with the service.

Option 2 is to search the web for conveyancing in Lyme Regis. Ring two or three listed and ask them to email you their conveyancing estimate and have a conversation with the lawyer who will conduct your conveyancing beforemaking your choice.

Option 3 is to use this site to help you find the right solicitors taking into account your personal expectations including location,timings, complexity and who the proposed mortgage company is. Don't take the bait of ninety nine pound conveyancing in Lyme Regis

What is your number one tip for choosing a conveyancing solicitor in Lyme Regis

Do not opt for the cheapest Lyme Regis conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.

Is there a list of Virgin Money panel solicitors in Lyme Regis on the Council of Mortgage Lender’s Website?

Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings viewable on the web. If you are looking for a Lyme Regis conveyancing practitioner on the Virgin Money please use our tool.

Principality have agreed my mortgage in principle, my offer on a house in Lyme Regis has been accepted, what happens next?

Your estate agent will want to know who your solicitors are (ensure that the conveyancers are on the bank’s panel). Call up Principality or your financial adviser and complete any relevant paperwork. Principality will appoint a valuer who will get in touch with the estate agent or owners to arrange an appointment. Once carried out (assuming no problems) it takes approximately a fortnight for the mortgage offer to be issued. Principality will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Lyme Regis.

Due to the advice of my in-laws I had a survey completed on a house in Lyme Regis before retaining conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some mortgage companies tend not grant a mortgage on this type of property.

It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Lyme Regis. Conveyancing will be smoother if you use a solicitor in Lyme Regis especially if they are familiar with such properties in Lyme Regis.

Back In 2002, I bought a leasehold flat in Lyme Regis. Conveyancing and Virgin Money mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Lyme Regis who acted for me is not around. Any advice?

The first thing you should do is make enquiries of HMLR to make sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a Lyme Regis conveyancing solicitor to do this as it can be done on-line for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Leasehold Conveyancing in Lyme Regis - Examples of Queries before Purchasing

    This question is helpful as a) areas may result in problems in the block as the common areas may begin to deteriorate if services remain unpaid b) if the leasehold owners have an issue with the managing agents you will want to have all the details Its a good idea to find out as much as you can about the managing agents as they can either make your life much simpler or problematic. As the proprietor of a leasehold property you will be at the mercy of the managing agents both financially and when it comes to daily issues like the tidiness of the communal areas. Enquire of other people whether they are happy with their management. On a final note, find out the dates that the maintenance charges are due to the managing agents and specifically what you get for your money. It is important to be aware if a new roof is being put on or some other significant cost is coming up to be shared by the leasehold owners and will dramatically increase the the service fees or necessitate a specific payment.

Me and my wife have just had an offer accepted on a property and had an appointment on Monday with Leeds Building Society for the mortgage. They advised us that when it comes to appointing a conveyancing practitioner that unless they are on their approved list of conveyancing practitioners then we will incur an extra fee of £200. This is because they will then have to select a conveyancer to act for them as well as the one we choose to act for ourselves and we assume responsibility for their costs. I have requested Leeds Building Society to provide me with a list so I can obtain quotes only from their approved lawyers but was told that I need to check with each individual lawyer to see if they are on the panel. Is there a list online?

You should ask Leeds Building Society what their criteria for joining their panel is for a conveyancer.Then ask the solicitor of your choice whether they fit that criteria and have they acted on loans for Leeds Building Society historically. Where the answer to those is yes, then just clarify this with Leeds Building Society. Alternatively please utilise our search tool and we should be able to locate a lawyer in Lyme Regis on the approved list for Leeds Building Society.

Last updated

Find out more about how flying freehold can affect your the value of a property.