lenderpanel

Find a Victoria Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Victoria

Having been told to check out your site we were going to go ahead with a conveyancing solicitor in Victoria listed using your comparison tool but stumbled across some other quotes via the web look cheaper – why is this?

You can find plenty of conveyancing outfits advertising at first sight what seems to be extremely cheap conveyancing in Victoria. You should think twice as to how much you respect your own move to you are willing to be penny wise pound foolish concerning the quality of the legal work. Many of them list a cheap fee to grab your attention but plant extra fees in the fine print..

I am hoping to move into my new home in Victoria next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the mortgage company. What does the insurance need to cover?

Any lawyer on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook conditions. These obligations are not specific to conveyancing in Victoria.

In what way does my ID and proof of funds have anything to do with my conveyancing in Victoria? Why is this being asked of me?

Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the ID of the person or body they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you need to sign should reaffirm this. Your lender will also require certain documents to be checked. Should you are unwilling to hand over ID verification documents, your solicitor can not take you on as a client.

My partner has recommend that I use his conveyancers in Victoria. Do I take his guidance?

No doubt the best way to choose a conveyancing solicitor is to get referrals from friends or relatives who have experience in using the conveyancer that you are contemplating using.

I am purchasing a house with all finances in place. My conveyancer has been handed with two distinct forms of photo identification, bank statement, numerous utility bills. Now he needs a copy from a probate lawyer stating that the money is legitimate and that it has come from inheritance and not selling fake watches.

In today’s world you will not be able to complete any Victoria conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Proof of your source of funds is required under Money Laundering laws.

Last updated

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