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Find a Bridgend Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Bridgend? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Bridgend conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Bridgend conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Bridgend

I am buying a terraced house in Bridgend. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Bridgend you will have to appoint a solicitor on your mortgage company'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 Bridgend.

Can I be sure that the Bridgend conveyancing solicitor on the Principality panel is any good?

When it comes to conveyancing in Bridgend obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor conducting your conveyancing.

I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Bridgend building society branch on a couple of occasions and was reassured it wasn't an issue and they would lend. My Bridgend conveyancing solicitor - who is on the bank conveyancing panel- called and was told they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

Your conveyancer must comply with the Council of Mortgage Lenders’ Handbook Part 2 requirements for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am selling my apartment. I had a double glazing fitted in September 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Principality are being pedantic. The Bridgend solicitor who is on the Principality conveyancing panel is recommending indemnity insurance as a solution but Principality are requiring a building regulation certificate. Why do Principality have a conveyancing panel if they don't accept advice from them?

It is probably the case that Principality have referred the matter to their valuer. The reason why Principality may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

Should commercial conveyancing searches reveal planned roadworks that could impact a commercial premises in Bridgend?

Its becoming the norm that commercial conveyancing solicitors in Bridgend will execute a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Bridgend. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bridgend.

For each commercial conveyancing transaction in Bridgend it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Bridgend commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Bridgend.

I am looking for a flat up to £305k and identified one round the corner in Bridgend I like with open areas and station nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Bridgend for this price, so just wondered if I would be making a grave error acquiring a short lease?

If you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.

My wife and I purchased a leasehold flat in Bridgend. Conveyancing and Platform Home Loans Ltd mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Bridgend who acted for me is not around. Do I pay?

First contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to incur the fees of a Bridgend conveyancing practitioner to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I inherited a basement flat in Bridgend, conveyancing having been completed in 2001. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Bridgend with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease comes to an end on 21st October 2083

With 64 years left to run we estimate the premium for your lease extension to span between £14,300 and £16,400 as well as costs.

The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.

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