I am in the process of remortgaging my property in Llantwit Fardre, does my lawyer have to be on the Coventry BS Conveyancing panel?

There is nothing to stop you using your solicitor, but Coventry BS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.

I have todaybeen informed that Stirling Law have closed. They conducted my conveyancing in Llantwit Fardre for a purchase of a leasehold flat 9 months ago. How can I check that my home is registered correctly in the name of the former proprietor?

The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Llantwit Fardre conveyancing specialists.

How does conveyancing in Llantwit Fardre differ for new build properties?

Most buyers of new build or newly converted property in Llantwit Fardre approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is finished. This is because new home sellers in Llantwit Fardre typically acquire 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 conveyancers 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 Llantwit Fardre or who has acted in the same development.

I decided to have a survey done on a property in Llantwit Fardre prior to retaining conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some lenders will refuse to issue a loan on a flying freehold house.

It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. If you call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Llantwit Fardre. Conveyancing will be smoother if you use a solicitor in Llantwit Fardre especially if they regularly deal with such properties in Llantwit Fardre.

I am in the process of buying my 1st property in Llantwit Fardre. Conveyancing lawyer has been instructed. The mortgage adviser advised that a survey is not necessary as the property was only built in 2001.

You would be best advised to commission a Home Buyer's Report. Given the premises is over ten years old the property will not come with a warranty, so you would be well advised not to take a risk. For a property that age with no signs of problems a Home Buyer's report could be enough. They will highlight any obvious issues and recommend further investigation if appropriate. Where there are any indications of material issues seek a full structural survey.