It has come to my attention via my IFA that my Magor the law firm I have appointed is not on the mortgage company Conveyancing panel. What can I do to check?
You need to contact your Magor lawyer directly. You lawyer should notify you what has happened. Where they are not on the panel they may be able to suggest a Magor conveyancing firm that is on the approved list of lawyers for your mortgage company.
I am considering refinancing my apartment in Magor, does my lawyer have to be on the Nottingham Solicitor panel?
In theory, you could use a solicitor that is not on the Nottingham conveyancing panel, but Nottingham would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I have recentlybeen informed that Arc property Solicitors have been shut down. They carried out my conveyancing in Magor for a purchase of a leasehold apartment 12 months ago. How can I establish that my home is not still registered in the name of the previous owner?
The quickest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Magor conveyancing specialists.
I have been on the look out for a flat up to £195,000 and identified one round the corner in Magor I like with amenity areas and station nearby, the downside is that it only has 52 remaining years left on the lease. There is not much else in Magor suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
I am looking into buying my first house which is in Magor and I am already nervous. I couldn't find anything specific about Magor. Conveyancing will be needed in due course but do you know about the Magor area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Magor. In the meantime here are some basic statistics that we found
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the lender conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.