When can the exchange of contracts occur in sale conveyancing in Vale Of Glamorgan and do I need to be at the conveyancers branch?
Where you are round the corner to one of the conveyancing solicitors in Vale Of Glamorgan you are invited in to sign documents. However, the law practices we recommend offer a national conveyancing service and give as equally comprehensive and professional a job for you when dealing with you electronically. The signing of the contract is not the important part. Signing on the dotted line is necessary for the conveyancer to address the formalities when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Vale Of Glamorgan)to be in the office available at the end of the phone to exchange contracts.
The Vale Of Glamorgan conveyancing lawyers that just started acting on my purchase in Vale Of Glamorgan have suddenly closed. They were on acting for me because I needed a firm on the Santander conveyancing panel and my preferred Vale Of Glamorgan lawyer was not. I cut them a cheque for two hundred pounds in advance. What do I do now?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
We previously instructed conveyancers based in Vale Of Glamorgan on the Principality solicitor panel. They are now charging me a supplemental charge for the legal aspects of the Principality mortgage. Is this an additional conveyancing fee specified by Principality?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancing practitioner can charge a fee for this. The fee is not set by Principality but by your Vale Of Glamorgan solicitor. Numerous firms on the Principality panel will quote ’dealing with mortgage’ fee but plenty of firms include it on their overall fee.
I have decided to exercise my right to buy my property in Vale Of Glamorgan off the council. I have a mortgage agreed with Virgin Money. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
My offer was accepted on a house in Vale Of Glamorgan on 4/2/2025, valuation was booked 2 days after, all came back fine. Solicitor instructed, so all that was missing was my mortgage offer. Having made daily calls to Santander and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Santander conveyancing panel. Are Santander entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Santander to deal with your lawyer's application to be on the Santander conveyancing panel. There's no guarantee that your solicitor will be accepted.
Due to the guidance of my in-laws I had a survey completed on a property in Vale Of Glamorgan prior to instructing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some banks tend not grant a loan on this type of premises.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Vale Of Glamorgan. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Vale Of Glamorgan to see if the conveyancing will be more expensive.
How difficult is it to swap conveyancer as I need to appoint a firm on the Clydesdale conveyancing panel. I was using a family conveyancing solicitor in Vale Of Glamorgan five minutes from me but she is not approved by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Vale Of Glamorgan on the Clydesdale panel. Please note that the law firms that we list do not pay us a referral fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Vale Of Glamorgan. In making use of search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Vale Of Glamorgan.
Me and my wife have just had an offer agreed on a property and had an appointment on Friday with Nationwide for the mortgage. They advised us that when it comes to selecting a conveyancer that unless they are on their approved panel of lawyers then we will have to pay out an extra fee of £250+. This is because they will then have to instruct a conveyancer to act for them in addition to the one we select on our behalf and we will be on the hook for their costs. I have requested Nationwide to provide me with a list so I can seek quotes only from their approved conveyancers but was told they dont have such a list to hand over. Is there a list online?
Ask Nationwide what their criteria for joining their panel is for a conveyancer.Then ask the lawyer of your choice whether they meet the criteria and have they acted on mortgages for Nationwide in the past. If the answer to those is yes, then just double check with Nationwide. Another option is to utilise our search tool and we may be able to identify a property lawyer in Vale Of Glamorgan on the panel for Nationwide.