Unfortunately I am unable to travel far from Claydon. Can you please explain the reason why all Claydon solicitors are not on all mortgage company panels?
As unjust as it may appear for banks to limit who can act for them, from the public’s or solicitor’s viewpoint, the the contrary view is that mortgage companies are increasingly anxious and regard it imperative to protect them from mortgage fraud. As a result of this concern lenders are limiting their conveyancing panel to a manageable size.
What does my ID and proof of funds have anything to do with my conveyancing in Claydon? What am I being asked for?
It is indeed that case that the requirement set out by your lawyer has nothing to do with conveyancing in Claydon. Nowadays you can not complete any conveyancing process in the absence submitting proof of your identity. Ordinarily this takes the form of a either your passport or driving licence and a council tax bill. Please note that if you are supplying your driving licence as evidence of identification it must be both the paper section and photo card part, one is not satisfactory without the other.
Verification of the origin of money is required under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your lawyer will need to retain this information on file. Your Claydon conveyancing solicitor will require evidence of proof of funds prior to accepting any monies from you into their client account and they will also ask further questions regarding the source of funds.
I am buying a property in Claydon. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
As your lender is HSBC your lawyer must follow the conveyancing instructions outlined in Part 2 of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook contains minimum requirements for solar panel roof-space leases, and lawyers are required to report to HSBC where a lease fails to comply with these requirements. The conditions relate to the installation of panels on properties nationwide and is not isolated to Claydon.
About to purchase house in Claydon. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Claydon conveyancing practitioner is on the UBS conveyancing panel.
I had an offer accepted on a property in Claydon on 9/12/2025, valuation was booked 2 days later, all came back fine. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to RBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the RBS conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly picked up during conveyancing in Claydon?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Claydon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a ground for flat up to £305k and found one near me in Claydon I like with open areas and station in the vicinity, the downside is that it only has 61 remaining years left on the lease. There is not much else in Claydon suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan the shortness of the lease may be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.