I am not in a position to travel far from Treuddyn. Is there a reason why all Treuddyn conveyancing practitioners are not on all lender panels?
Even though it may seem unfair for banks to restrict who can represent them, from the public’s or conveyancer’s point of view, the the contrary view is that lenders are increasingly anxious and regard it vital to shield themselves against illegal activities. As a result of this concern lenders are limiting their conveyancing panel to a manageable size.
I am buying a semi-detached house in Treuddyn. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Treuddyn you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Treuddyn.
How does conveyancing in Treuddyn differ for new build properties?
Most buyers of new build or newly converted property in Treuddyn approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Treuddyn usually acquire the real estate, 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 conveyancers 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 Treuddyn or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Treuddyn before instructing conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some lenders may not grant a loan on a flying freehold property.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Treuddyn. Conveyancing will be smoother if you use a solicitor in Treuddyn especially if they are acquainted with such properties in Treuddyn.
In my capacity as executor for the estate of my father I am selling a property in Neath but live in Treuddyn. My lawyer (who is 260 kilometers from mehas requested that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing practitioner in Treuddyn who can witness this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are based in Treuddyn