I'm in the process of switching my current homeowner loan to a Buy to Let Chelsea Building Society mortgage. The bank has said that I require a conveyancer as part of the process. I got in contact with the same Tremeirchion conveyancing firm who dealt with the legals when I first purchased the property. The costs illustration provided of £450 plus VAT is surprising as I am not require purchase conveyancing - it’s just a bog-standard refinance.
The charges seem a tad high. If you you were to look around you could get the conveyancing a bit cheaper by perhaps £125. On the other hand, assuming were satisfied with the assistance the firm provided you couldcome to rue opting for an a cheaper lawyer. If is important to be sure the firm can also act for Chelsea Building Society. You can utilise our search tool to choose a Tremeirchion conveyancing firm on the Chelsea Building Society approved list of lawyers, which can often include conveyancing solicitors in Tremeirchion.
Do banks and building societies provide you with an approved list of Tremeirchion conveyancing solicitors? How do you know who is on the TSB conveyancing panel?
Tremeirchion conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
I have Fifty Six years unexpired on my lease and require a lease extension for my flat in Tremeirchion. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/2/2025 the requirements read as follows :
I am expecting a OIP from Nationwide this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nationwide recommend any Tremeirchion solicitors on the Nationwide conveyancing panel, or is it better to go independently?
You will need to appoint Tremeirchion solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
Planning on purchasing a house in Tremeirchion. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Tremeirchion solicitor is on the Yorkshire BS conveyancing panel.
I had an offer accepted on a property in Tremeirchion on 17/1/2025, valuation was booked 3 days later, received a clean bill of health. Solicitor appointed, so all that was missing was my mortgage offer. Having made daily calls to Leeds Building Society and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Leeds Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need to appoint a conveyancing solicitor for remortgage conveyancing in Tremeirchion. I have discover a web site which looks to be the ideal answer If it is possible to get all this stuff done via web that would be preferable. Should I be wary? What should out be looking out for?
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?