My husband and I are nearing an exchange on a flat in Bridgend and my parents have sent the exchange deposit to my conveyancer. I am now informed that as the deposit has not arrived from me my conveyancing practitioner needs to make a notification to my lender. Apparently, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I disclosed to the lender about my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?
The solicitor is legally required to clarify with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Bridgend. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 30/7/2025, the requirements read as follows :
Are there restrictive covenants that are commonly picked up during conveyancing in Bridgend?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Bridgend. 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 Bridgend benefiting from help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of extras instead. The property agent told me not inform my conveyancer about this deal as it could jeopardize my loan with Barnsley Building Society. 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.
My cousin has encouraged me to instruct his lawyers for conveyancing in Bridgend. Do I take his guidance?
There are no two ways about it the best way to select a conveyancing solicitor is to seek feedback from friends or relatives who have actually experience in using the solicitor you're contemplating using.
I only have 72 years remaining on my lease in Bridgend. I am keen to extend my lease but my freeholder is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. However, you will be required to demonstrate that you have done all that could be expected to find the freeholder. On the whole a specialist may be useful to carry out a search and to produce a report to be used as proof that the freeholder can not be located. It is wise to seek advice from a conveyancer both on proving the landlord’s disappearance and the application to the County Court covering Bridgend.
Bridgend Conveyancing for Leasehold Flats - A selection of Questions you should consider before Purchasing
-
The answer will be important as a) areas could result in problems in the building as the common areas may begin to deteriorate where maintenance remain unpaid b) if the tenants have an issue with the running of the building you will need to have all the details What is the maintenance charge and ground rent on the property?