We are approaching an exchange on a property in Pontypridd and my parents have transferred the exchange deposit to my property lawyer. I am now informed that as the deposit has been received from someone other than me my lawyer needs to disclose this to my lender. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is not just from me. I informed the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to hold matters up?
Your conveyancing practitioner is duty bound to check with mortgage company to ensure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
What is the first thing I need to know about purchase conveyancing in Pontypridd?
Not many law firms shout this from the rooftops but conveyancing in Pontypridd or throughout England and Wales is an adversarial process. Put another way, when it comes to conveyancing there is an abundance of opportunity for friction between you and other parties involved in the house moving process. E.g., the seller, property agent and even potentially a bank. Choosing a law firm for your conveyancing in Pontypridd is a critical decision as your conveyancer is your adviser, and is the ONLY party in the transaction whose responsibility is to look after your best interests and to protect you.
There is a definite emergence of a "blame" culture- someone has to be at fault for the process being so protracted. You should always trust your lawyer ahead of all other players in the conveyancing process.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Pontypridd. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 3/2/2026, the requirements read as follows :
I require quick conveyancing in Pontypridd as I am under an ultimatum to sign on the dotted line within 2 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a cash purchaser you are at free not to have searches conducted although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Pontypridd the following are examples of what can crop up and therefore impact the marketability of the property: Enforcement Notices, Overdue Fees, Overdue Grants, Unadopted Roads,...
How simple is it to use the search facility to select a conveyancing lawyer in Pontypridd on the panel for my mortgage?
Step one is to pick a lender such as Lloyds TSB Bank, Chelsea Building Society or Clydesdale then type in your preferred area a common one being Pontypridd. Conveyancing organisations in Pontypridd and across England and Wales should be shown.
I have finally had an offer on an maisonette in Pontypridd accepted, the seller does however have a dependent purchase. The owners have submitted an offer on on an apartment, but it’s not yet tied up, and has viewings of other properties booked. I have instructed a nearby conveyancing lawyer in Pontypridd. What do I do now? At what point should I apply for the mortgage with Lloyds?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx one thousand pounds, then valuation, Pontypridd conveyancing search fees, etc). The first thing to do is ensure that your solicitor is on the Lloyds conveyancing panel. As to the subsequent phase this very much dictated by the uniqueness of your case, desire for the property and on the state of the market. In a buoyant market some purchasers will apply for a home loan with Lloyds and pay for the survey and only if it was satisfactory would they request their lawyer to move forward with the conveyancing in Pontypridd.