I am not in a position to travel far from Hale Barns. What is the rationale as to why all Hale Barns property lawyers are not on all bank panels?

A decade ago most mortgage companies had an approach to risk which is different than today. The financial regulator in 2010 instigated a thematic review into fraud which in summary warned lenders: know the conveyancers on your panel. Consequently, mortgage companies have subsequently looked to extract more data from law firms concerning their processes and the staff who work for them and set certain criteria such as completing a minimum number of transactions. Many law practices have found themselves excluded from lender panels even though they had 100% healthy disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms found it impossible meet the criteria of amount of transactions the lenders insisted on.

We are buying our first property. Our solicitor has calledto ask if we would like to order additional conveyancing searches. Frankly we have no idea as to what's recommended for conveyancing in Hale Barns

The type of Hale Barns conveyancing searches depends entirely on the property, the location, the possibility of any of these risks, your familiarity of the locality and risks, your general appetite to risk. What matters is that you properly appreciate what information the searches could provide. Then you can make a decision if you personally think you need that search. Where you are unclear, ask your conveyancer to guide you.

I have been recommended a conveyancing solicitor in Hale Barns. I I am struggling to find out if they are on the Barnsley Building Society approved list of lawyers. Can you help?

You should e-mail the conveyancer and enquire whether they can act for the lender. Alternatively you can call Barnsley Building Society who may be able to assist.

How does conveyancing in Hale Barns differ for new build properties?

Most buyers of new build property in Hale Barns contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because builders in Hale Barns tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hale Barns or who has acted in the same development.

How do I use the search app to find a conveyancing practitioner in Hale Barns on the panel for my mortgage?

1st pick a lender such as Santander, Skipton Building Society or Alliance & Leicester then type in your location a common one being Hale Barns. Conveyancing practices in Hale Barns and nationally should be shown.