Can your site be used to recommend a Conveyancing solicitor in Tredegar even if I’m not buying or selling a house, for example if I want to acquire an office in Tredegar with a loan from Nottingham Building Society?
The service is primarily there to locate residential conveyancing solicitors in Tredegar but we have listed towards the end of this page some Tredegar commercial conveyancing firms. You should speak with the firm directly to establish if they can also act for Nottingham Building Society
We had chosen solicitors based in Tredegar on the Barclays solicitor panel. They have just invoiced me a further sum for dealing with the Barclays mortgage. Is this a supplemental conveyancing fee set by Barclays?
As unfair as it may appear, as long as it’s in their Terms and Conditions or estimate then yes your lawyer may charge a fee for this. This charge is not set by Barclays but by your Tredegar conveyancer. Plenty of firms on the Barclays panel will charge ’dealing with mortgage’ fee and others do not.
How can we know in advance if a Tredegar conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Tredegar getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor conducting your conveyancing.
We are getting the release of further funds on our home loan from Coventry BS as we want to conduct a loft conversion to our house in Tredegar. Are we obliged to select a local Tredegar solicitor on the Coventry BS conveyancing panel to deal with the paperwork?
Coventry BS don't usually appoint a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Coventry BS conveyancing panel.
I'm buying my first flat in Tredegar with a mortgage from Barnsley Building Society. The developers would not reduce the price so I negotiated £7000 of additionals instead. The house builders rep suggested that I not to tell my lawyer about this deal as it would affect my loan with the bank. Do I keep my lawyer in the dark?.
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.
Due to the encouragement of my in-laws I had a survey completed on a house in Tredegar before retaining conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some mortgage companies tend not issue a mortgage on a flying freehold home.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Tredegar. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking into buying my first house which is in Tredegar and I am already nervous. I couldn't find anything specific about Tredegar. Conveyancing will be needed in due course but do you know about the Tredegar area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Tredegar. In the meantime here are some basic statistics that we found
My nephew is embarking on her first house purchase, he had his mortgage in principle. One the seller agreed the offer on the flat we telephoned the lender to issue the formal offer. I was very surprised to learn that banks do not accept all property lawyer, they have to be on a list, is this correct?
Mortgage Companies ordinarily restrict either the type or the number of conveyancing firms on their panel. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Tredegar conveyancer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Presumably not.