How up to date is your search tool for Cardiff conveyancing solicitors on the Co-operative conveyancing panel? Do Co-operative send you an updated list?
Cardiff conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.
When it comes to mortgage companies such as Coventry BS, do Cardiff solicitors face a yearly amount to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
We have agreed to purchase a house in Cardiff. One unusual aspect is that the roof has a solar panel. RBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is RBS your lawyer must follow the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for RBS. The Council of Mortgage Lenders’ Handbook stipulates minimum requirements for solar panel roof-space leases, and property lawyers are required to report to RBS where a lease fails to comply with these provisions. The conditions relate to the installation of panels on properties in England and Wales and is not limited to Cardiff.
My partner and I are in the throws of viewing houses in Cardiff and I am about to put in an offer. Is it sensible to have a conveyancing practitioner on ‘stand by’? I intend to finance via a home loan with Bank of Ireland.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are obtaining a mortgage with Bank of Ireland, ask your prospective lawyers if they are on the Bank of Ireland conveyancing panel otherwise they can't do the mortgage legal work.
Me and my brother purchased a 4 bedroom Edwardian property in Cardiff. Conveyancing solicitor acted for me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cardiff and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing practitioner who conducted the conveyancing.
I am downsizing from my house. My past lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Cardiff if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Cardiff. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I have just started marketing my garden flat in Cardiff. Conveyancing is yet to be initiated, however I have just had a half-yearly maintenance charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as normal given that all ground rent and service charges should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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 own a 2 bed flat in Cardiff, conveyancing having been completed 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Cardiff with an extended lease are worth £221,000. The ground rent is £50 yearly. The lease runs out on 21st October 2096
You have 70 years remaining on your lease we estimate the premium for your lease extension to range between £9,500 and £11,000 as well as professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.
Me and my husband are buying a leasehold property in Cardiff. Conveyancing quotes are averaging around £1700. Is that in the right ballpark?
The average fee last year for conveyancing in Cardiff was £1,395 excluding Stamp Duty and HM Land Registry charges.