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Find a Torfaen Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Torfaen

I have been referred to a conveyancing solicitor in Torfaen. I I would like to check if they are on the Aldermore conveyancing panel. Can you advise?

The first thing to do is phone your lawyer and enquire whether they can act for the lender. Otherwise you should get in touch with Aldermore who may be able to assist.

I require quick conveyancing in Torfaen as I am faced with an ultimatum to sign on the dotted line within one month. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?

If.Given you are not taking a home loan you are at liberty not to do searches although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Torfaen the following are instances of what can crop up and therefore affect future mortgageability: Enforcement Notices, Overdue Charges, Outstanding Grants, Road Schemes,...

I have a semi-detached Georgian house in Torfaen. Conveyancing lawyer represented me and The Mortgage Works. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the matching address. Is it worth asking The Mortgage Works to clarify?

You should assess the Freehold register you have again and check the Charges Register as there may be 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 Torfaen 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 mortgage companies. You can also check the position with the conveyancing solicitor who conducted the purchase.

I am tempted by the attractive purchase price for a couple of apartments in Torfaen both have about 50 years remaining on the lease term. Will this present a problem?

A lease is a legal document that entitles you to use the property for a prescribed time frame. As a lease gets shorter the saleability of the lease deteriorates and results in it becoming more expensive to extend the lease. This is why it is advisable to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this arena.

I own a split level flat in Torfaen, conveyancing formalities finalised in 1995. Can you work out an approximate cost of a lease extension? Similar properties in Torfaen with an extended lease are worth £186,000. The ground rent is £55 per annum. The lease finishes on 21st October 2076

With 52 years unexpired we estimate the price of your lease extension to span between £29,500 and £34,000 plus legals.

The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.

My husband and I have had DIP from Britannia who suggested we could borrow up to £117k. When do we need to appoint a solicitor for conveyancing? Torfaen is where we are purchasing.

You can appoint a conveyancer now so that the conveyancing practitioner can open the file so they can commence the ID checks etc. As and when you wish them to commence work they will seek a payment on account usually approximately £175. That would normally be once you have the loan offer from the bank and survey report, nevertheless should you wish to speed the process you can start the ball rolling quicker even though you may be risking some expense.

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