Me and my wife are buying a maisonette in Rumney. My Conveyancer is not listed on the bank conveyancing panel. Am I still permitted to appoint my Rumney conveyancing solicitor notwithstanding that they are excluded from the mortgage company approved list?
You have a number of options open to you here
- Proceed with your chosen Rumney conveyancing practitioner but your lender will undoubtedly use a lawyer from their approved panel. This will result in additional cost and potential delay.
- Appoint a new property lawyer to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Convince your lawyer to pull out all the stops to get accepted on the bank’s panel of solicitors
Our son-in-law is buying a house that has just been built in Rumney with a home loan from Aldermore. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Aldermore conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Aldermore conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Can your site be used to locate a Conveyancing solicitor in Rumney even where I’m not purchasing or selling a house, for example if I want to buy a shop in Rumney with a loan from Nottingham Building Society?
The service is mainly used to help choose domestic conveyancing solicitors in Rumney but we have listed towards the bottom of this page a selection of Rumney commercial conveyancing firms. You will need to enquire with the firm directly to check if they are also authorised to represent Nottingham Building Society
Are the BSA intent on creating a search tool with a view to to identify firms on the Earl Shilton BS conveyancing panel for example in Rumney?
We have not been informed any plans on the part of the BSA to develop such a tool.
The estate agent has sent us the confirmation of our purchase of a new build flat in Rumney. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Rumney
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
My fiance and I today become aware that one of the directors of the firm acting on the purchase conveyancing in Rumney is a relative of the owners that we are buying from. Is this acceptable?
On the basis that there is no conflict of interest this should be fine. If you are requiring a mortgage then the mortgage company may have a say as many lenders have specific instructions on this. For example for Leeds Building Society as of 20/4/2025, the requirements read as follows :
• a different person deals with the conveyance (i.e. not the borrower or a member of the borrower's immediate family);
• there is no conflict of interest and none arises during the transaction; and
• the Law Society guidelines are followed.