Can I use your services to recommend a Conveyancing solicitor in Builth Wells even if I’m not buying or selling a house, for example where I wish to buy an office in Builth Wells with a loan from Nationwide Building Society?
The service is predominantly utilised to help choose residential conveyancing solicitors in Builth Wells but we have recorded at the bottom of this page a few Builth Wells commercial conveyancing firms. You will need to make contact with the firm directly to check if they are also authorised to represent Nationwide Building Society
Various internet forums that I have come across warn that are the number one cause of hinderance in Builth Wells conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Builth Wells.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who handled the conveyancing in Builth Wells 4 years ago are no longer around. What are my options?
Gone are the days when you need to hold title deeds to establish that you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
I'm purchasing my first flat in Builth Wells with a loan from Santander. The builders refused to budge the amount so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not to tell my lawyer about this side-deal as it will adversely affect my mortgage with the lender. Should I keep quiet?.
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.
My husband and I are first time buyers - agreed a price, yet the selling agent told us that the owners will only proceed if we appoint their recommended lawyers as they are insisting on an ‘expedited deal’. We would rather use a family conveyancer accustomed to conveyancing in Builth Wells
It is unlikely the owners are driving this. Should the owner desire ‘a quick sale', turning down a genuine buyer is counter productive. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you are going to use your own,trusted Builth Wells conveyancing firm - rather thanthose that will earn the estate agent a referral fee or meet his conveyancing thresholds set by head office.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Builth Wells. Conveyancing has not commenced, but I have just had a half-yearly service charge invoice – what should I do?
The sensible thing to do is pay the service charge as usual given that all ground rent and service payments will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I am the registered owner of a 1 bedroom flat in Builth Wells, conveyancing having been completed 5 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Builth Wells with over 90 years remaining are worth £265,000. The average or mid-range amount of ground rent is £50 per annum. The lease ceases on 21st October 2101
With only 76 years remaining on your lease the likely cost is going to span between £8,600 and £9,800 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.