We see that you have a search directory identifying law firms on the RBS conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Penarth?

We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Penarth.

My husband and I wish to acquire a newbuild flat in Penarth with a residential mortgage from Virgin Money.We use our Penarth conveyancing solicitor but Virgin Money advised that his firm is not listed on their approved list of firms. We have to appoint a Virgin Money panel firm or retain our preferred solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?

No, not really. The home loan offered to you contains terms and conditions, one of which will be that solicitors will be on the Virgin Money approved list. in the past, most mortgage companies had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Virgin Money

I require expedited conveyancing in Penarth as I am under pressure to sign on the dotted line in less than 2 weeks. A home loan is not required. Can I decline from having conveyancing searches to save money and time?

As you are are a cash purchaser you have the choice not to do searches although no conveyancer would suggest that you don't. With plenty of history conveyancing in Penarth the following are examples of what can arise and adversely impact the marketability of the property: Enforcement Notices, Outstanding Charges, Overdue Grants, Unadopted Roads,...

Are there restrictive covenants that are commonly identified during conveyancing in Penarth?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Penarth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

What are your top tips when it comes to finding a Penarth conveyancing practice to deal with our lease extension?

If you are instructing a solicitor for lease extension works (regardless if they are a Penarth conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with several firms including non Penarth conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be of use:

What are the legal fees for lease extension work? What volume of lease extensions has the firm completed in Penarth in the last year?

Leasehold Conveyancing in Penarth - A selection of Questions you should consider Prior to buying

Are any of leasehold owners in dispute over their service charge payments? The best form of lease arrangement is where the freehold title is in the ownership of the leaseholders. In this arrangement the lessees enjoy control and notwithstanding that a managing agent is frequently retained where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. How long is the Lease?