lenderpanel

Find a Taunton Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Taunton

My mortgage broker says he needs my Taunton solicitor’s panel member for the Nationwide conveyancing panel. How do I obtain this. I have tried my local Taunton branch but they have not responded to me.

Have you tried speaking to your Taunton conveyancing practitioner about this?. Most Taunton law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.

Me and my partner are purchasing a property in Taunton. I might seem paranoid but how we can trust a solicitor? On completion day we have to put money into their account. What protection do we have from them run away with our deposit?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I happen to be the only recipient of my late mum's will with all property in now in my sole name, including the my former home in Taunton. The Taunton property was put into my name in December. I now wish to sell up. I do know about the CML six month 'rule', which means that my property ownership could be considered the same way as though I had purchased the house in December. Will no one buy the property for half a year?

The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be affected by that. many banks would take a pragmatic view as this requirement is chiefly there to pick up on the purchase and immediately sell or the flipping of property.

Is it the case that all Taunton CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing list of approved firms?

It is true that some lenders now make use of CQS as the kick off point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of conveyancing solicitors.

Are there restrictive covenants that are commonly identified during conveyancing in Taunton?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Taunton. 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'm buying a new build house in Taunton benefiting from help to buy. The builders refused to reduce the amount so I negotiated £7000 of extras instead. The property agent suggested that I not inform my solicitor about the deal as it would adversely affect my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I need to appoint a conveyancing solicitor for purchase conveyancing in Taunton. I have chance upon a site which appears to be the perfect solution If it is possible to get all this stuff completed via phone that would be preferable. Do I need to be concerned? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Last updated

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