My lawyer has identified a a problem with the lease for the apartment we are buying in Llanidloes. The seller’s lawyers have offered defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our conveyancer says that he must check that the lender is willing to move forward with this solution. Who is the client here, us or the lender?

The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the mortgage company are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the mortgage company can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.

We hope to to purchase with Norwich and Peterborough Building Society. I went into a couple of local firms but am unable to find a Llanidloes conveyancing firm on the Norwich and Peterborough Building Society panel. Could you assist?

You should make use of the search tool on this site. Pick the mortgage company and type Llanidloes or your preferred area and you will be presented with numerous solicitors based in Llanidloes or by proximity to you.

I am looking to sell my property. My past lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Llanidloes if that affects matters.

Do use our search tool to help you choose a solicitor for your conveyancing in Llanidloes. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.

Am I best advised to use a Llanidloes conveyancing practitioner based in the vicinity that I am buying? We have a good friend who can deal with the conveyancing but his firm is located 400miles away.

The primary upside of using a high street Llanidloes conveyancing practice is that you can visit the firm to sign documents, present your identification documents and apply pressure on them where appropriate. They will also have local insight which is a bonus. However it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and on the whole were impressed that should trump using an unknown Llanidloes conveyancing solicitor solely due to them being local.

I've found a house that appears to meet my requirements, at a great figure which is making it all the more appealing. I have subsequently been informed that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Llanidloes. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Llanidloes ?

The majority of houses in Llanidloes are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area can assist with the conveyancing process. it is apparent that you are purchasing in Llanidloes so you should seriously consider looking for a Llanidloes conveyancing solicitor and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as obtaining the freeholder’sconsent to carry out alterations. It may be necessary to pay a service charge towards the maintenance of the estate where the property is part of an estate. Your lawyer should report to you on the legal implications.