I have given 2 months notice to my current landlord and must vacate my let out apartment in Cardiff Bay by 3/6/2025. Conveyancing on my purchase is underway. How realistic is it to complete in 4 weeks as don't want to have to move into temporary accommodation?
The normal practice is not to serve notice on a rental unless your lawyer suggests that you should. Assuming that you have not already done so, update to your lawyer and request that they cajole the other solicitors, try to an acceptable time-line that all parties will work towards
I am selling our home in Cardiff Bay and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Cardiff Bay. We have lived in Cardiff Bay for three years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification need.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I'm buying a new build house in Cardiff Bay with a mortgage from Skipton Building Society. The builders refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not to tell my conveyancer about the deal as it would adversely affect my mortgage with the bank. 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.
Due to the guidance of my in-laws I had a survey completed on a property in Cardiff Bay prior to instructing solicitors. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some banks will refuse to grant a loan on a flying freehold property.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cardiff Bay. Conveyancing may be slightly more expensive based on your lender's requirements.
In what way does the Landlord & Tenant Act 1954 affect my business property in Cardiff Bay and how can you help?
The 1954 Act provides a safeguard to commercial leaseholders, giving them the legal entitlement to apply to court for a new tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Cardiff Bay
We're new on the property ladder - had an offer accepted, yet the estate agent informed us that the seller will only go ahead if we instruct their preferred conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a local solicitor used to conveyancing in Cardiff Bay
It is highly unlikely the vendors are behind this. Should the owner want ‘a quick sale', alienating a genuine purchaser is going to damage their objectives. Try to communicate with the vendors directly and explain that (a)you are motivated buyers (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you are going to use your own,trusted Cardiff Bay conveyancing firm - rather thanthose that will earn the negotiator at the agency a commission or hit his conveyancing figures set by HQ.