Would the conveyancing lawyers to be found on your site handle auction conveyancing in Caerwent?
We know of a few auction lawyers we can connect you with those specialising in auction conveyancing. Caerwent is one of the many areas of in which our lawyers are based.
I am due to move property in July. Will my conveyancing solicitor update the removal company on the completion day. As an aside, can you suggest a removal company in Caerwent. Conveyancing firm was chosen prior to coming across this website.
On the day of completion you will need to pick up the house keys from the selling agent but this should only occur after the previous owners solicitors advise the agent that they have the completion monies and the keys can be collected. Subsequently you can inform the removal men that you are ready to move in. As a matter of policy we do not recommend a specific removal organisation but can assist you in locating a residential property solicitor in Caerwent or a solicitor that specialises in conveyancing in Caerwent.
is it true that all Caerwent solicitor practices on the Nationwide conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Nationwide conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel and in such a situation the practice would be regulated by the Council of Licensed Conveyancers.
The mortgage over my property is with Principality for my property in Caerwent. Conveyancing was finalised 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Principality?
Principality must be informed of your intention in advance of letting out your property as this is likely to be a breach of Principality’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. It should not be necessary to do this via a Principality conveyancing panel lawyer.
Me and my brother own a 4 bedroom Georgian house in Caerwent. Conveyancing practitioner acted for me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold with the matching address. Is it worth asking Godiva Mortgages Ltd to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be 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 Caerwent 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 lenders. You can also question the position with the conveyancing lawyer who conducted the purchase.
How does conveyancing in Caerwent differ for newly converted properties?
Most buyers of new build residence in Caerwent come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Caerwent tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Caerwent or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what should have been a quick, chain free conveyancing. Caerwent is the location of the property. What do you suggest?
Flying freeholds in Caerwent are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Caerwent you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Caerwent 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 property.
As co-executor for the will of my grandfather I am disposing of a house in Monmouth but I am based in Caerwent. My solicitor (based 200 miles awayneeds me to execute a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing solicitor in Caerwent who can attest this legal document for me?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are based in Caerwent