My financial adviser has asked me for my Blaenavon lawyer’ panel reference for the Nat West conveyancing panel. How do I obtain this. I have contacted my local Blaenavon branch but they have not got back to me yet.
Have you tried calling your Blaenavon property lawyer about this?. They keep a central record lender panel numbers.
AssumingI were to acquire a freehold homein Blaenavon mortgage fee and have no survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Blaenavon?
Any savings you would make would be limited to the disbursement for searches. The conveyancer is required to do the vast majority of work - money laundering, correspond with the sellers conveyancing practitioner, SDLT return, register the property etc. You might save a bit for them not needing to register a charge but it will not be a lot.
I have been recommended a conveyancing solicitor in Blaenavon. I I am struggling to find out if they are accepted on the Virgin Money conveyancing panel. Can you help?
You should phone your conveyancer and ask them whether they are on the lender panel. Alternatively please get in touch with Virgin Money who may be able to assist.
We had instructed conveyancing lawyers based in Blaenavon on the TSB solicitor panel. They have just invoiced me a further sum for the legal aspects of the TSB mortgage. Is this a supplemental conveyancing fee set by TSB?
Unfortunately, so long as it is in their Terms of Engagement or Quote then yes your conveyancer may charge a fee for this. This fee is not dictated by TSB but by your Blaenavon property lawyer. Plenty of firms on the TSB panel will charge ’dealing with mortgage’ fee but some firms incorporate it on their overall fee.
I have paid off my mortgage with Coventry BS. I assume I don't need a Blaenavon property lawyer on the Coventry BS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
I was told four weeks ago that my mortgage has been agreed to by Principality. Is it usual for Principality to only issue the offer once my solicitor in Blaenavon is approved on their conveyancing panel? Principality have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
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 Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one close by in Blaenavon I like with amenity areas and railway links in the vicinity, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Blaenavon in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years will likely be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
Hoping to buy a property located in Blaenavon and I am already nervous. I couldn't find anything specific about Blaenavon. Conveyancing will be needed in due course but do you know about the Blaenavon area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Blaenavon. In the meantime here are some basic statistics that we found