My husband and I are hoping to purchase a flat in Colsterworth and are in fact using a Colsterworth conveyancing firm. Within the last couple of days our property lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. have this afternoon contacted us to inform me that they have now hit a problem as our Colsterworth solicitor is not on their approved list of lawyers. Please explain?

If you are buying a property requiring a mortgage it is normal for the purchasers' lawyers to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel and you may continue to use your own Colsterworth solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.

Please help. My Colsterworth solicitor is assuring me that he has toconduct Colsterworth conveyancing searches becausethe firm are on the Lloydsapproved lawyer panel. Do I not have a choice here?

You have limited options available to you. Given that you are taking out a loan with a mortgage company your has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Colsterworth conveyancing searches.

We hope to to purchase with . We have called around locally but cant to find a Colsterworth conveyancing firm on the approved list. Can you assist?

Feel free to take advantage of the find a conveyancing panel solicitor tool on this site. Pick the building society and type Colsterworth or your preferred area and you will discover numerous solicitors offices in Colsterworth or nearest you.

Will commercial conveyancing searches reveal impending roadworks that may affect a commercial site in Colsterworth?

Many commercial conveyancing solicitors in Colsterworth will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Colsterworth. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Colsterworth.

For every commercial conveyancing transaction in Colsterworth it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Colsterworth commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Colsterworth.

2 months have gone by since my purchase conveyancing in Colsterworth took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.