I am under pressure from the seller of a property in Llandaff to complete within four weeks. What can I do to accelerate the legal process?
In the event that you are under pressure to exchange it is advisable to make sure that your conveyancer is familiar with the location as they will benefit local connections and insight. It is possible that they may have conducted previousproperties in the same street. Therefore consider using a Llandaff conveyancing lawyer. Second, double check that the conveyancing firm is on the member panel. It is believed that 18% of Llandaff conveyancing transactions are suspended or derailed after finding out that a purchaser’s solicitor was not on their banks member panel. In many cases this discovery resulted in the buying process being frustrated by almost three weeks. It is estimated that this issue impacts in the region of one hundred thousand home sales every year. Almost all Llandaff conveyancing practices can not represent certain lenders so do check as early as possible.
Can you explain why leasehold purchase conveyancing in Llandaff is more expensive?
In short, leasehold conveyancing in Llandaff and elsewhere usually requires extra due diligence compared to freehold transactions. This includes reviewing the lease, liaising with the landlord concerning the service of appropriate notices, obtaining current service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different leaseholders have owned the lease since it was first granted.
We were going to get a OIP from UBS this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Llandaff solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Llandaff solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
My offer was accepted on a property in Llandaff on 16/6/2025, valuation was booked 3 days after, all came back fine. Solicitor appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Are HSBC entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
UBS have agreed my home loan in principle, my bid on a apartment in Llandaff has been agreed to, what are the next steps?
The estate agent will wish to know who your solicitors are (ensure that the solicitors are on the lender’s approved list). Call up UBS or your broker and finalise any outstanding paperwork. UBS will sellect a valuer who will get in touch with the estate agent or owners to schedule an appointment. Once conducted (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. UBS will issue the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Llandaff.
2 months have gone by since my purchase conveyancing in Llandaff took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Llandaff in advance of retaining lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies tend refuse to issue a loan on this type of house.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. Should you wish to telephone us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Llandaff. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my current property to a buy to let mortgage with Halifax and intend to use the remaining equity towards another property. The area we are looking at is Llandaff. Will your conveyancers be able to act for the two banks and tie in the transactions?
Do use our comparison tool on this site to check that the solicitors are approved by both lenders. Having checked that they are your conveyancer should be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and requirements.