My partner and I are acquiring a brand new apartment in Llandrindod Wells and my solicitor is telling me that she is duty bound to the mortgage company to disclose incentives from the builder. I am under pressure to sign contracts and I don't want to delay matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We see that you have a search directory identifying law firms on the Coventry BS conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Llandrindod Wells?
We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Llandrindod Wells.
What can a local search inform me regarding the house we're purchasing in Llandrindod Wells?
Llandrindod Wells conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Onsearch The local search plays a central role in most Llandrindod Wells conveyancing purchase; that is if you wish to avoid any unpleasant once you have moved into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
I used Action Conveyancing a few years past for my conveyancing in Llandrindod Wells. I now require my file however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Llandrindod Wells of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Myself and my husband have just had an offer accepted on a property and had an appointment on Tuesday with the Post Office for the mortgage. They have informed us that when it comes to appointing a solicitor that unless they are on their approved list of conveyancers then we will be subject to an an additional charge of £200. This is because they will then have to select a property lawyer to act on their behalf in addition to the one we choose to act for ourselves and we will be on the hook for their costs. I have requested the Post Office to supply me with a list so I can seek quotes only from their approved lawyers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is there a simple way of finding out who is on a lender panel?
You should ask the Post Office what their criteria for panel membership is for a solicitor.Then ask the lawyer of your choice whether they meet the criteria and have they acted on mortgages for the Post Office in the past. If the answer to those is yes, then just clarify this with the Post Office. Alternatively please use our search tool and we should be able to identify a lawyer in Llandrindod Wells on the approved list for the Post Office.