I am in a contract race with another prospective purchaser for a property in Llanfechain. What can I do to speed up the buying process?

In the event that you are under pressure for your conveyancing it is advisable to make sure that your lawyer is familiar with the location as they will have local contacts and knowledge. It is possible that they could have conducted otherhomes in the same road. Therefore consider using a Llanfechain conveyancing solicitor. In addition, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that nearly one in five of Llanfechain conveyancing deals are held up or jeopardised after discovering a purchaser’s lawyer was not on their banks member panel. This can often result in the legal process being frustrated by an average of 21 days. It is claimed that this issue impacts in the region of 100,000 home sales every year. Almost all Llanfechain conveyancing practices can not represent certain banks so do check as early as possible.

The deeds to our house can not be found. The lawyers who did the conveyancing in Llanfechain 10 years ago are no longer around. What are my options?

Gone are the days when you need to have the physical official documentation to evidence that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.

About to purchase a new build flat in Llanfechain. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Llanfechain

Please confirm the Lease plans are surveyor prepared. There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

We're FTB’s - had an offer accepted, but the agent informed us that the vendor will only proceed if we instruct their chosen lawyers as they want an ‘expedited deal’. Our preferred option is to instruct a high street solicitor used to conveyancing in Llanfechain

It is highly unlikely the sellers are driving this. If they desire ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Speak to the vendors direct and make sure they comprehend that (a)you are serious buyers (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you intend to use your preferred Llanfechain conveyancing firm - not the ones that will earn the estate agent a referral fee or meet his conveyancing targets set by corporate headquarters.

Much to my surprise my property lawyer in Llanfechain is asking me for identification documents stating that this is part of his legal duty as a conveyancer on the lender Conveyancing panel. Can this be correct?

Anti-terror and anti-money-laundering rules require Llanfechain conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that the mortgage company also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the lender's UK Finance Lenders’ Handbook requirements