I am acquiring a property mortgage free in Magor. I have resided for the previous twelve years in Magor. Conveyancing searches are a lot of money. Given that I have knowledge of the area and road very well must I have all the conveyancing searches?
Provided that you do not need a home loan, then almost all of the Magor conveyancing searches are at your discretion. Your solicitor will 'advise', no-doubt strongly, that you should have searches done, but he has a professional duty to take that path of advice. One thing to consider; if you are going to dispose of the house at a future date, it could be of interest to your future purchaser what the searches disclose. There are plenty of instances where premises with apparent issues can still reveal unexpected search results. A good conveyancing solicitor in Magor will be able to give you some sensible guidance here.
Why do I have to pay up front for my conveyancing in Magor?
Where you are retaining lawyers for conveyancing in Magor your lawyer will ask you to provide them with funds to cover the the cost of the conveyancing searches. Generally this is asked for to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this should be required shortly in advance of contracts are exchanged. The final balance that is due should be transferred a couple of days ahead of the completion date.
Our lender has suggested solicitors on their panel based in Magor but I would rather choose a conveyancing lawyer in Magor or nearer to where I live. Can you help?
Not all Magor conveyancing practitioners are listed all lender’s conveyancing panel. Do make use of our find an approved solicitor tool to locate a Magor conveyancing solicitor on the on the bank panel.
After weeks of negotiation I have agreed a price on an apartment in Magor. My mortgage broker suggested a solicitor. I paid an upfront payment of £225. Not long after, the lawyer called me to say that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I had an offer accepted on a property in Magor on 12/5/2025, valuation was booked 4 days later, received a clean bill of health. Solicitor instructed, so all that was missing was my mortgage offer. Having made daily calls to UBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the UBS conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have finally had an offer on a flat in Magor accepted, the vendors do however have a dependent purchase. The sellers have offered on a flat, but it’s not yet tied up, and have viewings of other flats in the pipeline. I have instructed a nearby conveyancing solicitor in Magor. What should be my next step? At what point should I apply for the mortgage with Yorkshire BS?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then survey, Magor conveyancing search costs, etc). The first course of action is to check that your property lawyer is on the Yorkshire BS approved list. As to the subsequent steps this very much depends on the circumstances of your transaction, desire for the property and on the state of the market. During a rising market the majority of home buyers will apply for the mortgage with Yorkshire BS and pay for the valuation and only if it comes back ok would they request their lawyer to move forward with the conveyancing in Magor.
I'm purchasing a new build house in Magor with the aid of help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not disclose to my lawyer about the side-deal as it could adversely affect my loan with Nationwide Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Given that I will soon part with hundreds of thousands of pounds on a terraced house in Magor I wish to talk to a conveyancer regarding thetransaction prior to giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer due to be conducting your property ownership legalities in Magor.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter number. The solicitors that we put you in touch with believe that the figure you are quoted for your conveyancing in Magor should be the amount on the final invoice that you are charged.