The Pontardawe conveyancing firm that just started acting on my purchase in Pontardawe have suddenly shut down. I only went with them because I had to have a solicitor on the Skipton conveyancing panel and my preferred Pontardawe lawyer was not. I paid them funds on account. What should be my next steps?
If you have an estate agent involved then let them know straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Skipton conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
I used Action Conveyancing several years past for my conveyancing in Pontardawe. I now require my file but the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Pontardawe of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the encouragement of my in-laws I had a survey completed on a house in Pontardawe before retaining solicitors. I have been informed that there is a flying freehold element to the property. The surveyor advised that some mortgage companies may not grant a loan on such a property.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Pontardawe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Pontardawe to see if the conveyancing will be more expensive.
I am 17 days into a residential purchase having been recommend to conveyancers by the high street agent to carry out the conveyancing in Pontardawe. We are not happy. Could you you assist me in finding new lawyers?
A solicitor would need to be really bad in order to consider changing them. Has the loan offer been issued? If so you will need to make them aware of the new contact details and have the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the lenders approved list to avoid added charges and frustration. So that should be your first question of the new lawyers. The find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Pontardawe
Our lawyer in Pontardawe has uncovered a defect with the lease for the flat we are purchasing in Pontardawe. The other side have suggested defective title insurance as a solution. We are content with insurance and will pay for it. Our lawyer says that as he is on the bank conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or the bank?
Just because you have a mortgage offer from the mortgage company does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Pontardawe conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the mortgage company are the client. These conveyancing instructions have to be complied with by the bank conveyancing panel who has to balance acting for you and the bank