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Find a Machen Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Machen

Our conveyancer has uncovered a defect with the lease for the property we are buying in Machen. The other side have put forward title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancing practitioner says that he must check that the bank is content with this solution. Who is the client here, us or the bank?

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 property lawyer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender 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 lawyer will have no choice but to discontinue acting for you.

We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would much rather instruct a Machen based conveyancing firm?

Do check but the the probability is that allocate you one of their panel conveyancers should you accept the "fee-free" incentive. Call the lender and explore if they allow a monetary alternative. In the past a few lenders offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor in Machen.

A colleague recommended that if I am purchasing in Machen I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is sometimes included in the estimate for your Machen conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Machen around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful information concerning Machen.

I have a semi-detached Edwardian house in Machen. Conveyancing practitioner acted for me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?

You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Machen and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing lawyer who completed the work.

I recently become aware that one of the partners of the firm acting on the purchase conveyancing in Machen is related to the owners that we are buying from. Is this allowed?

Provided no conflict arises this should be fine. Where you are needing a home loan then the bank may have a say as many mortgage companies have specific instructions concerning this. For example for Santander A&L as of 20/5/2024, the requirements read as follows :

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