We are nearing an exchange on a house in Llanfairfechan and my parents have sent the ten percent deposit to my conveyancing practitioner. I am now told that as the deposit has not come from me my property lawyer 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 bank about my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
Your property lawyer is legally required to clarify with lender to make sure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only notify this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
We note that you have a search directory listing solicitors on the Principality conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Llanfairfechan?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Llanfairfechan.
We were going to get a OIP from Principality 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 Principality recommend any Llanfairfechan solicitors on the Principality conveyancing panel, or is it better to go independently?
You will need to appoint Llanfairfechan solicitors independently although you'll need to choose one on the Principality conveyancing panel. The solicitor represents both you and Principality through the process.
The mortgage over my property is with Coventry BS for my property in Llanfairfechan. Conveyancing was finalised 12 months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Coventry BS?
Coventry BS must be informed of your intention prior to renting your property as this is likely to be a breach of Coventry BS’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. You need not do this via a Coventry BS conveyancing panel firm.
I can not fathom if my mortgage offer requires a lease extension. I have called my Llanfairfechan bank branch on numerous occasions and was told it does not impact the mortgage offer and they will lend. My Llanfairfechan conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their published requirements. Who do I believe?
Your lawyer must follow the CML Handbook section two conditions for your bank. 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 lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I require fast conveyancing in Llanfairfechan as I am under a deadline to exchange contracts in less than 4 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not taking a mortgage you are at liberty not to have searches conducted although no law firm would recommend that you don't. With plenty of history conveyancing in Llanfairfechan the following are examples of issues that can show up and therefore impact market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
I am downsizing from my home. My past lawyers closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Llanfairfechan if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Llanfairfechan. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
I purchased a flat in Llanfairfechan last 17/7/2025 and to date it is still not recorded with the Land Registry. It was part of a development site and my conveyancing practitioner told me that it may take over a year to register. I have contacted HM Land Registry directly and they say that the original application was cancelled due to questions not being addressed in time. Should I be concerned?
It is your lawyer that you must turn to here in order to satisfy any concerns which have arisen as part of the registration process for your Llanfairfechan property. Normal Llanfairfechan conveyancing practice includes an undertaking on the part of the previous owner’s conveyancer that they will assist in resolving any question raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.