Finally the sale completed on my house in Caldicot last January but my buyer keeps SMS messaging daily to say her lawyer needs to hear from mine. What are the post completion sale legalities following completion?
Following your sale your conveyancer is obliged to send the transfer deeds and all additional paperwork to the buyer’s solicitors. If applicable, your solicitor must also send confirmation that the mortgage has been discharged to the buyers lawyers. There are no post completion tasks peculiar conveyancing in Caldicot.
Do the Building Society Association intend to launch a searchable register to to identify law firms on the Coventry BS conveyancing panel for instance in Caldicot?
We are not aware of any intention on the part of the BSA to develop such a register.
A friend advised me that in purchasing a property in Caldicot there could be various restrictions affecting the ability to carry out external changes to a property. Is this right?
We are aware of anumerous of properties in Caldicot which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Caldicot should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
How can we tell if a Caldicot conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Caldicot obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your conveyancing.
After what seems like an age I have had an offer on an apartment in Caldicot agreed to, but there is a chain. The sellers have offered on a flat, but it’s not yet agreed to, and have viewings of other apartments booked. I have chosen a local conveyancing solicitor in Caldicot. What do I do now? When should I get the mortgage application with Santander started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of £1k, then survey, Caldicot conveyancing search costs, etc). The first course of action is to ensure that your property lawyer is on the Santander approved list. Regarding the subsequent steps this very much depends on the uniqueness of your transaction, attraction to the property and on the state of the market. During a hot market the majority of buyers would apply for a home loan with Santander and arrange for the valuation and only if it comes back ok would they ask their solicitor to move forward with the conveyancing in Caldicot.
What does a local search tell me about the house I am buying in Caldicot?
Caldicot conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company such as Onsearch The local search is essential in every Caldicot conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one near me in Caldicot I like with amenity areas and railway links nearby, however it only has 52 remaining years left on the lease. There is not much else in Caldicot for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
Your search tool is useful but there are many lawyers listed near Caldicot being on the lender conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for our mortgage company?
We are not in the business of recommending one firm above another as the right Caldicot conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Caldicot knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..