Me and my fiance are buying a ground floor flat in Croesyceiliog. My lawyer is not listed on the mortgage company conveyancing list. Is it possible for me to use my Croesyceiliog conveyancing solicitor even though they are excluded from the lender panel?
One must use a solicitor to deal with the formalities if you take out a mortgage to buy your property. The property lawyer will carry out all the essential legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is dealt with. One may instruct a Croesyceiliog lawyer of your choosing. Nevertheless, where the conveyancer appointed is not on the mortgage company approved list additional fees will be incurred as separate legal representation will be need by the mortgage company. Conveyancing panel applications can be submitted, so where your solicitor has not historically sought membership they should take the opportunity to apply.
My nephew is about to exchange on a newly built flat in Croesyceiliog with a mortgage from Kent Reliance. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Kent Reliance conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Kent Reliance conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I have 70 years unexpired on my lease and need a lease extension for my apartment in Croesyceiliog. Conveyancing solicitors on the Bank of Ireland panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 11/11/2024 the requirements read as follows :
I'm converting the mortgage on my primary property to a BTL loan with Aldermore and I will use the ballance of the raised equity towards further house. The area we are looking at is Croesyceiliog. Will your conveyancers be able to act for both sets of banks and link together the transactions?
Do use our search tool on this page to be sure that the lawyers are approved by both mortgage companies. On the basis that they are your lawyer will be able to tie up the two conveyancing matters but you should talk with you conveyancer and specify your desired outcome and needs.
I am looking for a conveyancing practitioner in Croesyceiliog for my home move. Is it possible to see a firm’s record with the profession’s regulator?
One may review published Solicitor Regulator Association (SRA) determinations stemming from inquisitions commenced on or after 1 January 2008. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator could recorded call for training requirements.