I had intended to instruct a property lawyer in Waterlooville for our house purchase. Our financial adviser informed us that our mortgage company Barnsley Building Society won't deal with them. Why is this not regarded as unfair competition?

A bank may direct that an approved conveyancer act for it. You would be liable to bear the cost of this. Please make use of our database to select a solicitor to conduct conveyancing in Waterlooville on the Barnsley Building Society conveyancing panel.

I happen to be the sole beneficiary of my late mum's will with all property in now in my sole name, including the house in Waterlooville. Conveyancing formalities meant that the Land Registry date was in November. I want to move. I understand that there is a CML six month 'rule', meaning my property ownership could be treated the same way as if I'd bought the property in November. Will no one buy the property for half a year?

The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. How practical a view mortgage companies take of it, depend on the lender as this clause is principally there to pick up on the purchase and immediately sell or the quick reselling of property.

We expect to receive a DIP from Lloyds this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Lloyds recommend any Waterlooville solicitors on the Lloyds conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Waterlooville solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.

I can not fathom if my lender requires a lease extension. I have called my Waterlooville building society branch on a couple of occasions and was told they are content with the situation and they will lend. My Waterlooville conveyancing solicitor - who is on the lender conveyancing panel- called and was told they would not lend based on their specific requirements. Who do I believe?

As long as the conveyancer is on the mortgage company panel, she or he must adhere to the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.

I need some quick conveyancing in Waterlooville as I am under pressure to sign on the dotted line in less than one month. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?

As you are not taking a mortgage you have the choice not to have searches conducted although no conveyancer would suggest that you don't. Drawing on years of experience of conveyancing in Waterlooville the following are instances of issues that can show up and adversely impact future mortgageability: Enforcement Notices, Overdue Fees, Outstanding Grants, Unadopted Roads,...

Should I appoint a Waterlooville conveyancing practitioner based in the location that I am buying? An old friend can carry out the conveyancing but his firm is located 400kilometers away.

The primary upside of using a high street Waterlooville conveyancing practice is that you can visit the firm to execute paperwork, hand in your identification documents and apply pressure on them where appropriate. Having local Waterlooville know how is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and the majority were impressed that should outweigh using an unknown Waterlooville conveyancing lawyer just because they are based in the area.

Me and my wife are FTB’s just having agreed a price on a property in Waterlooville, and are about to get solicitors instructed. I have used the different comparison tools and the results are from all over the the UK. Is it necessary to have a Waterlooville solicitor local to our potential new home? I am willing to do all the communicating electronically, but I assume at some point we will be required to visit the conveyancer's office to sign documents?

There is no requirement to attend the office of your property lawyer, they can post any relevant contracts to you, which you can sign and return. Many home movers choose to use a locally based solicitor, but it's by no means a prerequisite for conveyancing in Waterlooville.