My fiance’s mother is a conveyancer. I am hopeful that I will receive friends and family fee for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Aberystwyth?
Do compare pricing. Do use our comparison tool on this site. Whilst amounts will contrast greatly but the service one can expect are distinct between property lawyers as is the case with the vast majority of professional services.
My grandfather passed away last year and as sole heir and executor I was left the house in Aberystwyth. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to Yorkshire BS, pay off the mortgage. Is this allowed?
Given you plan to re-mortgage then Yorkshire BS will require that you use a conveyancer on the Yorkshire BS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Yorkshire BS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Yorkshire BS mortgage is registered as a charge at the Land Registry.
Me and my brother own a semi-detached Edwardian house in Aberystwyth. Conveyancing practitioner acted for me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Aberystwyth and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing solicitor who carried out the work.
I'm buying a new build house in Aberystwyth with a mortgage from The Royal Bank of Scotland. The sellers would not budge the price so I negotiated £7000 of additionals instead. The house builders rep told me not reveal to my solicitor about the side-deal as it may put at risk my loan with The Royal Bank of Scotland. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. Aberystwyth is the location of the property. What do you suggest?
Flying freeholds in Aberystwyth are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Aberystwyth you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Aberystwyth 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 residence.
How difficult is it to switch firm as I need to appoint one who is on the Nottingham Building Society conveyancing panel. I was using a high street conveyancing solicitor in Aberystwyth five minutes from me but he is not accepted by Nottingham Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Aberystwyth on the Nottingham Building Society panel. Please note that the conveyancers that we work with do not pay us fee if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in Aberystwyth. In utilising search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Aberystwyth.