The Cilfynydd conveyancing firm handling our Cilfynydd conveyancing has discovered a difference between the information in the valuation survey and what is revealed within the conveyancing documents. My lawyer informs me that he is duty bound to check that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s course or action correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We are planning to acquire a property and require a conveyancing solicitor in Cilfynydd who is on the Kent Reliance solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Cilfynydd.
My fiance and I wish to acquire a newbuild apartment in Cilfynydd with a homeloan from Godiva Mortgages Ltd.We use our Cilfynydd conveyancing solicitor but Godiva Mortgages Ltd advised that she’s not on their "panel". It seems we have no choice but to instruct a Godiva Mortgages Ltd panel firm or keep our high street solicitor and pay for a Godiva Mortgages Ltd panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Godiva Mortgages Ltd use our lawyer?
No, not really. The home loan issued to you contains various provisions, a common one being that lawyers must be on the Godiva Mortgages Ltd solicitor panel. in the past, most lenders had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Godiva Mortgages Ltd
How does conveyancing in Cilfynydd differ for new build properties?
Most buyers of new build property in Cilfynydd come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is built. This is because developers in Cilfynydd tend to buy the site, 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 conveyancers 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 accustomed to new build conveyancing in Cilfynydd or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Cilfynydd ahead of appointing lawyers. I have been informed that there is a flying freehold aspect to the property. The surveyor has said that some mortgage companies will refuse to give a loan on such a home.
It varies from the lender to lender. Santander has different requirements from Halifax. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Cilfynydd. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cilfynydd to see if the conveyancing costs will increase in light of this.
I am selling my house. My previous solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Cilfynydd if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Cilfynydd. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.