I have given 2 months notice to my current landlord and have to leave my rented apartment in Abergele by 13/2/2025. Conveyancing for my house purchase is progressing. Can I complete in three weeks as don't want to have to find short term accommodation?
The normal practice is not to provide notice for your lease until you have exchanged. If you have not already done so, speak to your solicitor and urge them to they apply pressure on the sellers lawyers, try to a target completion date that everyone will look to achieve
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to use a Abergele based conveyancing firm?
You should check but the the probability is that allocate you one of their panel solicitors if you accept the "fee-free" offer. Call the lender to determine if they make available a cash alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Abergele.
Will our lawyer be making enquiries about flooding as part of the conveyancing in Abergele.
The risk of flooding is if increasing concern for lawyers dealing with homes in Abergele. There are those who acquire a house in Abergele, fully aware that at some time, it may be flooded. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Lawyers are not best placed to offer advice on flood risk, but there are a numerous checks that may be carried out by the buyer or on a buyer’s behalf which can give them a better appreciation of the risks in Abergele. The conventional set of completed inquiry forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a usual question of the seller to determine whether the premises has ever been flooded. If the property has been flooded in past and is not notified by the vendor, then a buyer may bring a claim for damages stemming from an inaccurate reply. A buyer’s conveyancers should also conduct an enviro search. This should indicate if there is a recorded flood risk. If so, additional inquiries should be initiated.
I am looking for a leasehold apartment up to £235,500 and identified one round the corner in Abergele I like with amenity areas and transport links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in Abergele suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage the shortness of the lease will be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
In my capacity as executor for the estate of my uncle I am selling a residence in Monmouth but reside in Abergele. My solicitor (based 250 kilometers from merequires that I sign a stat dec ahead of completion. Can you recommend a conveyancing solicitor in Abergele who can witness this legal document for me?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are based in Abergele
My fiance is buying a basement flat in Abergele. He has received a fee estimate by the property lawyer suggested by the estate agents and it came to £1156 . It was seven years ago since I sold and bought a home and the fee was £495. Have fees really increased to that extent?
You should call two or three local Abergele conveyancing firms requesting prices. It is advisable to base your choice not just on cost, but on promptness and on how comprehensive the reply was.