I can't travel far from Tonypandy. I would like to know the understand why all Tonypandy conveyancers are not on all mortgage company panels?
Pre- 2008 most banks had an attitude to risk which is different from today. The FSA in 2010 instigated a thematic review into fraud which in summary warned lenders: know the lawyers on your panel. Accordingly, mortgage companies have since soughtmore data from law firms regarding their processes and the individuals employed by them and set certain criteria such as completing a minimum number of transactions. Many firms have been excluded from lender panels even though they had an exemplary disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the minimum amount of transactions the lenders set.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Tonypandy. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/8/2025, the requirements read as follows :
five months have elapsed since my purchase conveyancing in Tonypandy completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one close by in Tonypandy I like with amenity areas and transport links nearby, the downside is that it only has 52 years on the lease. I can't really find anything else in Tonypandy in this price bracket, so just wondered if I would be making a mistake buying a short lease?
Should you need a home loan the remaining unexpired lease term may be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
I'm remortgaging my current home to a buy to let mortgage with Britannia and I will use the rest of the raised equity as a down payment on another property. The area we are talking about is Tonypandy. Will your lawyers be able to act for both sets of banks and tie in the transactions?
Make use of our search tool on this page to check that the lawyers are approved by both lenders. Having checked that they are the lawyer should be able to connect the two deals but you should have a chat with you conveyancer and communicate your expectations and requirements.
Me and my partner have just had an offer agreed on a house and had meeting on Friday with Nationwide for the mortgage. They warned us that when it comes to selecting a lawyer that unless they are on their approved panel of conveyancing practitioners then we will be subject to an a further fee of £200. This is because they will then have to select a property lawyer to act for them in addition to the one we choose to act on our behalf and we will be on the hook for their fees. I have requested Nationwide to supply me with a list so I can seek estimates only from their approved lawyers but was told they dont have such a list to hand over. What would be the best way of going about this?
You should ask Nationwide what their criteria for panel membership is for a conveyancer.Thereafter ask the lawyer of your choice whether they meet the criteria and have they acted on loans for Nationwide historically. If the answer to those is yes, then just clarify this with Nationwide. Alternatively please make use of our search facility and we may be able to locate a conveyancing practitioner in Tonypandy on the panel for Nationwide.