Find a Penmaenmawr Conveyancing Solictior on Your Lender’s Panel

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

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

Recently asked questions about conveyancing in Penmaenmawr

Would the conveyancing lawyers identified through your search tool carry out auction conveyancing in Penmaenmawr?

We know of a few auction practitioners we can connect you with those conducting auction conveyancing. Penmaenmawr is one of the many areas of in which our lawyers have a presence.

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

To satisfy the Money Laundering Regulations any Penmaenmawr conveyancing firm will require evidence of your identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility account evidencing your correct address.

Under Money Laundering Regulations, property lawyers are obliged by law to ascertain not simply the ID of conveyancing clients but also the origin of fund that they receive in respect of any matter. An unwillingness to disclose this may result in your solicitor terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers are duty bound to make a disclosure to the relevant authorities should they consider that any amounts received by them may contravene the Anti-terror and anti-money-laundering rules.

A friend advised me that in purchasing a property in Penmaenmawr there could be a number of restrictions preventing external alterations to the property. Is this right?

There are a number of properties in Penmaenmawr which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Penmaenmawr should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

We have agreed to purchase a house in Penmaenmawr. An unusual aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As you are obtaining a mortgage with Principality your lawyer must follow the conveyancing requirements outlined in Part two of UK Finance Lenders’ Handbook for Principality. The CML Handbook contains minimum provisions for solar panel roof-space leases, and solicitors are required to report to Principality where a lease fails to satisfy these provisions. The provisions relate to the installation of panels on properties nationwide and is not limited to Penmaenmawr.

We were going to get a AIP from Lloyds this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Lloyds recommend any Penmaenmawr solicitors on the Lloyds conveyancing panel, or is it better to go independently?

You will need to appoint Penmaenmawr solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.

I opted to have a survey carried out on a property in Penmaenmawr prior to appointing lawyers. I have been advised that there is a flying freehold element to the house. My surveyor has said that some banks will refuse to grant a mortgage on such a property.

It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to call us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Penmaenmawr. Conveyancing may be slightly more expensive based on your lender's requirements.

Is it simple use the search facility to select a conveyancing lawyer in Penmaenmawr on the approved list for my bank?

First pick a mortgage company such as HSBC Bank, Virgin Money or Aldermore then type in your location a common one being Penmaenmawr. Conveyancing organisations in Penmaenmawr and further afield will then be identified.

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