I have given 2 months notice to my current landlord and have to vacate my let out property in Bangor by the end of next month. Conveyancing for my house purchase has just started. Can I complete in 5 weeks as don't want to have to find temporary accommodation?
It is unwise to serve notice for your lease unless exchange of contracts has taken place. If you have not already done so, update to your conveyancer and request that they cajole the owners solicitors, try to get a realistic time scale from them that all parties will aim towards
Do commercial conveyancing searches reveal proposed roadworks that could impact a commercial land in Bangor?
Its becoming the norm that commercial conveyancing solicitors in Bangor will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Bangor. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Bangor.
For every commercial conveyancing transaction in Bangor it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Bangor commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Bangor.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Bangor. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Bangor
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I opted to have a survey carried out on a property in Bangor prior to retaining solicitors. I have been informed that there is a flying freehold element to the property. My surveyor has said that some mortgage companies may refuse to issue a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Bangor. Conveyancing will be smoother if you use a solicitor in Bangor especially if they are familiar with such properties in Bangor.
Am I right to be wary that 3rd parties that I am dealing with are encouraging me to use an internet conveyancing firm as opposed to a High Street Bangor conveyancing company?
As is the case with many service providers, often suggestions from family and friends can be most helpful. Yet there are numerous parties with a keen interest in a conveyancing deal; estate agents, mortgage brokers and mortgage companies might all recommend conveyancers to instruct. Sometimes these solicitors might be known to one of the organisations as being good in their field, but sometimes there behind the scenes financial incentive behind the recommendation. You have the discretion to choose your own lawyer. However, bear in mind that the majority of lenders operate an approved list of lawyers you have to use for the mortgage related work in your conveyancing.
My father-in-law has recommend that I instruct his conveyancing solicitors in Bangor. Should I find my own property lawyer?
There are no two ways about it it’s preferable to find a conveyancing practitioner is to get referrals from friends or family who have experience in using the firm that you are are thinking of instructing.