Unfortunately I am unable to travel far from Derbyshire. Is there a reason why all Derbyshire conveyancing practitioners are not on all lender panels?

Lenders normally impose restrictions on either the type or the number of conveyancing firms on their panel. Frequent examples of such criteria being that the organisation must have two or more partners. In addition to restricting the nature of firm, some lenders made a decision to reduce the number of conveyancers they permit to represent them. It is worth noting that lenders have no accountability for the quality of service supplied by any Derbyshire property lawyer on their panel. Property fraud was the primary trigger for the culling of solicitor panels in the last decade notwithstanding that there are contrary assessments about the extent of solicitor involvement in some of that fraud. Statistics from HMLR indicates that thousands of conveyancing practices only carry out one or two conveyances a year. Those advocating conveyancing panel consolidation question why conveyancing firms deserve the right to be on a conveyancing panel when clearly property law is not their primary expertise?

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

Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identification documents of the potential client they are dealing with prior to agreeing to accepting their conveyancing retainer. The Terms and Conditions that you need to sign should confirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. If you refuse to hand over identification documents, your solicitor would not be able to accept instructions from you.

We're in Derbyshire, FTBs purchasing with a mortgage (lender is UBS , and our lawyer is on the UBS conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

Are there restrictive covenants that are commonly identified as part of conveyancing in Derbyshire?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Derbyshire. 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…’

Just had an offer accepted on a new build flat in Derbyshire. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Derbyshire

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?