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Find a Rhymney Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Rhymney

When it comes to lenders such as Nationwide, do Rhymney lawyers incur a yearly amount to be on the conveyancing panel?

We are not aware of any bank fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.

I'm at the point of viewing houses in Rhymney and I am about to put in an offer. Is it best to have a solicitor on ‘stand by’? I intend to finance via a mortgage with Clydesdale.

It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are seeking a mortgage with Clydesdale, make sure you remember to check that your lawyer is on the Clydesdale conveyancing panel.

I currently have a mortgage with Coventry BS for my property in Rhymney. Conveyancing has been completed 12 months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Coventry BS?

Your original mortgage agreement with Coventry BS will provide that you need their approval before letting out your property as this is likely to be a breach of Coventry BS’s mortgage conditions. It may be that Coventry BS will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Coventry BS directly. You need not do this via a Coventry BS conveyancing panel firm.

Do I need to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Rhymney?

Unless a previous acquisition of the property completed after 12 October 2013 you can take it that conveyancing practitioners conducting conveyancing in Rhymney to continue to propose a a chancel search and or chancel repair liability insurance.

How does conveyancing in Rhymney differ for new build properties?

Most buyers of new build property in Rhymney come to us having been asked by the builder to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Rhymney tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Rhymney or who has acted in the same development.

I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Rhymney is the location of the property. What do you suggest?

Flying freeholds in Rhymney are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rhymney you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rhymney may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

In what way does the Landlord & Tenant Act 1954 affect my commercial premises in Rhymney and how can your lawyers assist?

The particular law that you refer to provides security of tenure to commercial leaseholders, granting the a statutory right to make a request to court for a new tenancy and continue in occupation at the end of the lease term. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and assist with commercial conveyancing in Rhymney

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