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Find a Llandeilo Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Llandeilo

What does my ID and proof of funds have anything to do with my conveyancing in Llandeilo? What am I being asked for?

Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to check the ID of the potential client they are dealing with prior to agreeing to accepting their conveyancing instruction. The Terms and Conditions that you are required to sign should reaffirm this. Your lender will also require certain documents to be viewed. If you are unwilling to supply identification documents, your conveyancer will not be able to take you on as a client.

The Llandeilo conveyancing firm that I appointed last week on my house acquisition in Llandeilo have without warning shut down. I only went with them because I had to have a solicitor on the Co-operative conveyancing panel and my previous Llandeilo lawyer was not. I gave my credit card details for them to take £195 for searches. What do I do now?

If you have an estate agent involved then let them know straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Co-operative conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.

When it comes to lenders such as Aldermore, do Llandeilo conveyancing practitioners face a fee to be on the list of approved solicitors?

We are not aware of any mortgage company fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.

I'm in the process of looking at houses in Llandeilo and I am about to put in an offer. Should I already have a conveyancing practitioner in place at this point? I am planning to take a mortgage with Leeds Building Society.

It would be advisable to instigate your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are taking out a mortgage with Leeds Building Society, ask your prospective lawyers if they are on the Leeds Building Society conveyancing panel otherwise they can't do the mortgage legal work.

I can not work out if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Llandeilo bank branch on numerous occasions and was advised it wasn't a problem and they would lend. My Llandeilo conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend in accordance with their published requirements. Who do I believe?

The lawyer must follow the Council of Mortgage Lenders’ Handbook section two 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 remaining.

I've recently found out that there is a flying freehold element on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. Llandeilo is the location of the property. Can you offer any guidance?

Flying freeholds in Llandeilo are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Llandeilo you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Llandeilo may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

We are 17 days into a freehold purchase having been recommend to solicitors by the estate agent to carry out the conveyancing in Llandeilo. We are not happy. Can you help me find new conveyancers?

A lawyer would need to be very poor to suggest changing them. Has the loan offer been issued? In the event that it has you need to advise them of the new contact details and ensure the offer are re-sent. The conveyancer needs to be on the lenders panel to avoid escalating fees and frustration. So that should be your starting point. Our find a solicitor tool should help you find a lender approved solicitor for your conveyancing in Llandeilo

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Neighbouring Locations

Llanwrda
Llandeilo
Carmarthen
Ammanford
Cross Hands
Pontardawe

Find out more about how flying freehold can affect your the value of a property.