lenderpanel

Find a Penylan Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Penylan

My partner and I are acquiring an apartment in Penylan. My lawyer is not listed on the mortgage company conveyancing panel. Is it possible for me to continue with my Penylan conveyancing solicitor notwithstanding that they are not on the lender panel of approved conveyancing solicitors?

Various options include

  • Carry on with your chosen Penylan lawyer but your lender will no doubt use a solicitor on their approved panel. The net result is additional charges together with likely interruption.
  • Appoint a new lawyer to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
  • Convince your conveyancer to attempt to join the mortgage company panel

Forgive me if this question is silly but I am unexperienced as FTB of a ground floor flat in Penylan. Do I pick up the keys to the house on completion from my conveyancer? If this is the case, I will use a local conveyancing solicitor in Penylan?

On the day of completion you do not need to go to the conveyancers office in Penylan. Conveyancing lawyers for you will electronically transfer the purchase money to the vendor’s conveyancers, and shortly after the monies have arrived, you will be invited to pick up the keys from the property Agents and start moving into the property. Usually this happens between 1 and 3pm.

My wife and I purchasing a victorian detached house in Penylan. Our aim is to carry out a loft conversion at the property.Will the conveyancing process involve enquiries to ascertain if these works are allowed?

Your property lawyer will check the deeds as conveyancing in Penylan will sometimes reveal restrictions in the title deeds which prevent categories of works or require the consent of a 3rd party. Many extensions call for local authority planning consent and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.

I was told three weeks ago that my mortgage has been agreed to by Virgin Money. Is it usual for Virgin Money to only issue the offer once my solicitor in Penylan is approved on their conveyancing panel? Virgin Money have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Virgin Money to deal with your lawyer's application to be on the Virgin Money conveyancing panel. There's no guarantee that your solicitor will be accepted.

Various web forums that I have frequented warn that are the number one reason for obstruction in Penylan conveyancing transactions. Is that correct?

The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Penylan.

Just had an offer accepted on a new build flat in Penylan. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Penylan

    The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

Back In 2006, I bought a leasehold flat in Penylan. Conveyancing and Britannia mortgage are in place. I have received a letter from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Penylan who previously acted has long since retired. Any advice?

The first thing you should do is make enquiries of HMLR to be sure that this person is in fact the new freeholder. There is no need to instruct a Penylan conveyancing solicitor to do this as it can be done on-line for £3. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

Penylan Conveyancing for Leasehold Flats - A selection of Queries before buying

    How long is the Lease? Are any of leasehold owners in dispute over their service charge liability?

Last updated

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