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Find a Market Bosworth Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Market Bosworth

Is it the case that all Market Bosworth CQS (Conveyancing Quality Scheme) solicitors are on the Barclays conveyancing panel?

Some major banks and building societies now use CQS as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.

Can you point me to a directory of Virgin Money panel conveyancers in Market Bosworth on the Council of Mortgage Lender’s Website?

No. There is no such facility on the CML or Building Society Association websites. A small selection of banks make their panel listings available on the web. If you are in need of a Market Bosworth solicitor on the Virgin Money please use our facility.

RBS have agreed my home loan in principle, my bid on a property in Market Bosworth has been accepted, what are the next steps?

Your property agent will wish to know who your solicitors are (ensure that the property lawyers are on the bank’s approved list). Call up RBS or the broker and finish off any relevant paperwork. RBS will sellect a valuer who will get in contact with the estate agent or seller to arrange a slot for the valuation to take place. Once carried out (assuming no problems) it takes on average ten days to receive the mortgage offer. RBS will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Market Bosworth.

I am purchasing a house and the conveyancer has identified Chancel Repair for which the house could be obligated to pay given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Market Bosworth

Unless a previous purchase of the premises completed post 12 October 2013 you can expect conveyancing practitioners conducting conveyancing in Market Bosworth to continue to recommend a chancel search and or chancel repair liability policy.

four months have gone by following my purchase conveyancing in Market Bosworth concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. 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 residence 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.

I am buying my first flat in Market Bosworth with a loan from Nationwide Building Society. The builders would not move on the price so I negotiated £7000 of additionals instead. The house builders rep told me not inform my conveyancer about this deal as it may 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.

Due to the encouragement of my in-laws I had a survey completed on a house in Market Bosworth ahead of retaining solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some banks may not issue a mortgage on this type of home.

It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you e-mail us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Market Bosworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Market Bosworth to see if the conveyancing costs will increase in light of this.

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