We chose a Colwyn Bay based solicitor for our conveyancing in Colwyn Bay last week. Upon checking the small print I seewe are responsible for charges even if our purchase doesn't happen. Should I ditch them and select an on-line firm promoting no move no charge conveyancing in Colwyn Bay?
Generally there is a concession along the lines that if "No Completion No Fee" is available then the conveyancing charges will tend to be be higher to offset the transactions that abort. Also remember that these deals tend not to protect you from expenses for instance Colwyn Bay conveyancing search charges.
About to place a bid on a leasehold property in Colwyn Bay. The estate agents tell me that it is the norm for flats in Colwyn Bay to have less than 75 years left on the lease. I am obtaining a loan with Bank of Ireland. Is this going to be acceptable if the lease has Seventy One years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 18/2/2026 the requirements read as follows :
What can a local search tell me concerning the property we're purchasing in Colwyn Bay?
Colwyn Bay conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Searchflow The local search is essential in every Colwyn Bay conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search should reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Colwyn Bay is the location of the property. Can you offer any advice?
Flying freeholds in Colwyn Bay are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Colwyn Bay you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Colwyn Bay may ascertain 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 premises.
I'm refinancing my current property to a buy to let mortgage with Platform Home Loans Ltd and I will use the ballance of the raised equity as a down payment on further house. The area we are looking at is Colwyn Bay. Will your conveyancers be able to act for the two mortgage companies and link together the transactions?
Make use of our comparison tool on this page to ensure that the solicitors are on the relevant lender panels. Having checked that they are your lawyer will be able to connect the two deals but you should talk with you conveyancer and make clear your desired outcome and requirements.
My fiance and I are planning to purchase a 2 bedroom maisonettein Colwyn Bay with a home loan from a bank. We wish to instruct our lawyer in Colwyn Bay but our bank advise she’s not listed on their "panel". We have to appoint from the our bank panel firms or stay with our Colwyn Bay solicitor and incur the extra legals for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that our bank use our Colwyn Bay lawyer?
Unfortunately,no. The bank home loan offered to you is subject to conditions, one of which will be that lawyers will on the mortgage company's conveyancing panel. in the past, most lenders had large numbers of law firms on their panels, including almost all conveyancing solicitors in Colwyn Bay : a mortgagee could choose 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. A further alternative is for your solicitors to apply to be on the conveyancing panel for your bank.