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Find a Selsdon Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Selsdon

Our solicitor has uncovered a defect with the lease for the property we are purchasing in Selsdon. The other side have put forward title insurance as a workaround. We are happy with insurance and will pay for it. Our conveyancer has advised that he must check that the bank is happy with this solution. Who is the client here, us or the bank?

Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the lender are the client. The appropriate lender conditions must be adhered to.

We are planning to purchase with Norwich and Peterborough Building Society. We have called around locally yet am struggling to find a Selsdon conveyancing firm on the Norwich and Peterborough Building Society panel. Please you help?

You should make use of the search tool on this page. Pick the building society and type Selsdon or your location and you will discover a number of lawyer based in Selsdon or near you.

How does conveyancing in Selsdon differ for newly converted properties?

Most buyers of new build or newly converted property in Selsdon come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Selsdon typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Selsdon or who has acted in the same development.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Selsdon is where the house is located. Is there any advice you can impart?

Flying freeholds in Selsdon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Selsdon you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Selsdon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

I'm purchasing a house in Selsdon. I can find my conveyancer's company on the CLC list, but I can't locate my conveyancer's name as listed on the regulator's website. Is this a big problem?

Not every individual in the company must be listed by the regulator. As long there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be conducted by unqualified staff.

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Neighbouring Locations

Coombe
Coombe Warren
Shirley
Addington
Sanderstead
Selsdon
Forestdale

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