My IFA says he needs my Old Colwyn law firm’s panel member for the Nat West conveyancing panel. Can you suggest how I discover this. I have tried my local Old Colwyn office but they have not responded to me.
Have you tried calling your Old Colwyn conveyancing practitioner about this?. Most Old Colwyn law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
Would the conveyancing lawyers identified via your search tool conduct attended exchange conveyancing in Old Colwyn?
There are a few conveyancing specialists who can conduct 24hr exchanges. You should contact us to receive a fee calculation and details as to availability.
Do lenders provide you with an approved list of Old Colwyn conveyancing solicitors? How do you know who is on the Lloyds conveyancing panel?
Old Colwyn conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
My home in Old Colwyn is up for sale and I have a buyer. Does my conveyancer need to be on the Nottingham conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
I have been on the look out for a ground for flat up to £305k and identified one near me in Old Colwyn I like with a park and transport links in the vicinity, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Old Colwyn suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage that many years will be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.