My fiance and I are intent on acquiring a flat in Whitland. My property lawyer is not on the mortgage company approved list. Am I still permitted to retain my Whitland conveyancing solicitor notwithstanding that they are excluded from the lender panel?
Your options include
- Proceed with your preferred Whitland conveyancer but your mortgage company will undoubtedly use a conveyancing practitioner from their conveyancing panel. This will result in additional cost together with likely frustration.
- Appoint a fresh property lawyer to act in the purchase, making sure they are on the lender conveyancing panel.
- Convince your solicitor to seek to join the mortgage company panel
We see that you have a post code search directory identifying law firms on the Principality conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Whitland?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Whitland.
This question may be naive but I am new to the process as FTB of a garden flat in Whitland. Do I collect the keys to the house on completion from my conveyancer? If so, I will use a local conveyancing solicitor in Whitland?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the vendor’s lawyers, and once they have received this, you will be able to receive the keys from the property Agents and move into your new home. Usually this occurs between 1 and 3pm.
Can you point me to a directory of Virgin Money panel conveyancers in Whitland on the Building Society Association’s Website?
No. There is no such facility on the CML or Building Society Association websites. Very few mortgage companies make their panel listings available online. If you are in need of a Whitland conveyancing practitioner on the Virgin Money please use our tool.
My fiancee and I are spending time looking at houses in Whitland and I am about to put in an offer. Is it advisable to have a conveyancer on ‘stand by’? I am planning to take a home loan with Aldermore.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. Given that you are obtaining a mortgage with Aldermore, ask your prospective lawyers if they are on the Aldermore conveyancing panel otherwise they can't do the mortgage legal work.
Have completed on a a terraced house in Whitland , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Whitland conveyancing solicitor works at snail pace, so I want to be sure that my name is recorded.
As far as conveyancing in Whitland is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timeframes can vary subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any other parties. As of today roughly 80% of submission are fully dealt with within 12 days but some can be subject to extensive hold-ups. Registration takes place once the new owner is living at the premises thus 'speed' is not typically primary concern yet if it is urgent that the the registration takes place urgently then you or your lawyers should contact the land registry and explain the circumstances.
How does conveyancing in Whitland differ for newly converted properties?
Most buyers of new build premises in Whitland come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Whitland typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Whitland or who has acted in the same development.
I need to appoint a conveyancing solicitor for purchase conveyancing in Whitland. I have chance upon a site which seems to have the ideal solution If there is a chance to get all the legals done via web that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?