I am expecting a offer of a home loan from Nat West. I intend to use a Licensed Conveyancer in Llandovery. Does the Nat West Solicitor panel include conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
My wife and I are acquiring a newly built duplex in Llandovery and my lawyer is telling me that she is duty bound to the bank to reveal incentives from the developer. I am nearing the developer’s deadline to exchange and I have no desire to prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are getting the release of further monies on our home loan from Clydesdale as we want to carry out a loft conversion to our home in Llandovery. Do we need to appoint a high street Llandovery solicitor on the Clydesdale conveyancing panel to handle the legals?
Clydesdale don't usually appoint a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale list.
I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Llandovery bank branch on a couple of occasions and was told they are content with the situation and they would lend. My Llandovery conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they will not lend in accordance with their specific requirements. I simply don't know who is right.
Your conveyancer must comply with the Council of Mortgage Lenders’ Handbook Part 2 provisions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I had an offer accepted on a house in Llandovery on 17/9/2026, valuation was booked 3 days later, all came back fine. Property lawyer retained, so all that was missing 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. Can the lender hold off the offer?
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 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.
I'm buying my first flat in Llandovery with a loan from Chelsea Building Society. The sellers refused to move on the amount so I negotiated 6k of extras instead. The property agent told me not inform my conveyancer about the side-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 UK Finance website. UK Finance 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.
Due to the input of my in-laws I had a survey completed on a house in Llandovery prior to instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies tend refuse to issue a mortgage on this type of premises.
It varies from the lender to lender. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Llandovery. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking to sell my home. My former solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Llandovery if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Llandovery. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.