Do the conveyancing solicitors identified through your search tool handle auction conveyancing in Maesteg?
We know of a number of auction practitioners we can put you in touch with those specialising in auction conveyancing. Maesteg is just one of our areas of where our lawyers have a presence.
I had intended to instruct a property lawyer in Maesteg for our home move. Our financial adviser informed us that our bank Lloyds TSB Bank won't deal with them. Surely this is unfair competition?
A decade ago most lenders had a different appetite for risk. Almost all Maesteg conveyancing firms would have been on most lender panels. The financial services regulator in 2010 conducted a thematic review into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more data from law firms concerning their operations and the individuals who work for them and set certain criteria such a completing on a minimum number of transactions. Many Maesteg conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Maesteg is amongst the numerous locations where the conveyancers showing on our search results are members of the panel for Lloyds TSB Bank.
How does conveyancing in Maesteg differ for newly converted properties?
Most buyers of new build premises in Maesteg approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Maesteg tend to buy the land, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Maesteg or who has acted in the same development.
I'm converting the mortgage on my current house to a buy to let loan with Birmingham Midshires and I will use the rest of the raised equity as a deposit on another property. The area we are talking about is Maesteg. Will your lawyers be able to act for both sets of banks and link together the transactions?
Do use our search tool on this page to check that the lawyers are approved by both banks. Assuming that they are your solicitor will be able to tie up the two transactions but you should talk with you lawyer and make apparent your expectations and requirements.
My mother and father are unable to locate their Maesteg land registry title on the website. They recall that sixty years ago when they acquired the property there were complications with Maesteg not being identified on some systems.
The vast majority of premises in Maesteg should be revealed. Have you tried a search to simply the postcode. Usually it will mention all the houses and flats within that postcode. Assuming the property is registered it will show up with a title number. Where they bought sixty years ago it's conceivable it may be unrecorded. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which might be with your parent’s lender.