What is the difference between a licensed conveyancer and conveyancing solicitor in Ceredigion
There are many registered licenced Conveyancers in Ceredigion and Solicitor partnerships in Ceredigion offering conveyancing We would stress that the two are regulated professionals specialising in the legal work in transferring property. They may both also handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I have paid off my mortgage with Coventry BS. I assume I don't need a Ceredigion conveyancing practitioner on the Coventry BS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
I was told four weeks ago that my mortgage has been agreed to by Kent Reliance. Is it usual for Kent Reliance to only issue the offer once my solicitor in Ceredigion is approved on their conveyancing panel? Kent Reliance have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
Will our solicitor be asking questions concerning flooding as part of the conveyancing in Ceredigion.
Flooding is a growing risk for conveyancers dealing with homes in Ceredigion. Some people will purchase a property in Ceredigion, completely aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Conveyancers are not qualified to give advice on flood risk, however there are a various searches that may be carried out by the purchaser or on a buyer’s behalf which should figure out the risks in Ceredigion. The conventional set of information supplied to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the seller to find out whether the premises has suffered from flooding. In the event that the property has been flooded in past and is not disclosed by the vendor, then a buyer may issue a claim for damages as a result of such an misleading answer. A purchaser’s lawyers may also carry out an environmental report. This will disclose whether there is a recorded flood risk. If so, additional investigations should be made.
Over the last few months I have been searching for a flat up to £305k and found one round the corner in Ceredigion I like with amenity areas and station in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Ceredigion for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
I am selling my house. My previous lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Ceredigion if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Ceredigion. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
We're novice buyers - agreed a price, but the estate agent has warned us that the seller will only move forward if we instruct the agent's recommended conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a high street conveyancer accustomed to conveyancing in Ceredigion
We suspect that the owner is not behind this request. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you wish to move quickly (e)but you are going to appoint your own,trusted Ceredigion conveyancing solicitors - rather thanthe ones that will earn their negotiator at the agency a introducer fee or achieve conveyancing figures pre-set by senior management.
I have been told by numerous estate agents that it can take up to two months for Ceredigion conveyancing to complete.This was four weeks ago. The draft contract was only received to my conveyancer a couple of days ago so now does it countdown?
Six to 8 weeks is a very approximate timescale. Giving assurances as to precisely how long Ceredigion conveyancing will take is an impossible task. Without fail every Ceredigion conveyancing transaction has it’s own unique set of complexities. As a result your solicitor should find it difficult to accurately predict how long it will take to finalise your conveyancing in Ceredigion.