I am in the market for a low cost conveyancer. Do I opt for an internet conveyancer as opposed to a family Chepstow conveyancing lawyer?
Chepstow is a unique place, where neighbourhood know-how is a big bonus. The relaxed pace of life has it’s attractions – just not when it comes to your conveyancing. The property lawyers that we recommend providing deep Chepstow insight with a professional, can doattitude that helps everything runs smoothly. It is a definite plus that they can make use of long term relationships with mortgage brokers, local authorities, surveyors and counterpart Chepstow conveyancing firms
IfI were to acquire a freehold propertyin Chepstow mortgage fee and dispense with a survey and no conveyancing searches how much should I expect to to save on my conveyancing in Chepstow?
Any savings you would make would be limited to the Chepstow conveyancing searches. The property lawyer is required to do the vast majority of work - money laundering, liaising with the sellers conveyancing practitioner, SDLT return, register the property etc. You might save a bit for them not needing to register a charge however it won't be meaningful.
We are buying a victorian detached house in Chepstow. Our aim is to carry out an extension to the side at the property.Will the conveyancing process involve checks to determine if these alterations are prohibited?
Your solicitor should check the registered title as conveyancing in Chepstow can on occasion identify restrictions in the title documents which prohibit categories of changes or need the consent of a 3rd party. Certain additions call for local authority planning permissions and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be wise to check these things with a surveyor ahead of any purchase.
I can not fathom if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Chepstow building society branch on numerous occasions and was reassured it wasn't an issue and they would lend. My Chepstow conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
Your conveyancer has to follow the Council of Mortgage Lenders’ Handbook Part 2 specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Our sealed bid on a property in Chepstow has been accepted, but there is a chain. The owners have offered on a property, however it’s not been accepted yet, and have viewings of other properties in the pipeline. I have selected a high street conveyancing solicitor in Chepstow. What should be my next step? At what point do I apply for the mortgage with Aldermore?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is in the region of £1k, then valuation, Chepstow conveyancing search costs, etc). The first thing to do is check that your property lawyer is on the Aldermore conveyancing panel. Concerning the subsequent steps this very much dictated by the circumstances of your transaction, desire for the property and on the state of the market. During a buoyant market many purchasers would apply for a home loan with Aldermore and arrange for the valuation and only if it was satisfactory would they ask their conveyancer to press on with the conveyancing in Chepstow.
We are selling our home in Chepstow and according to the buyers it appears that there is a risk of it being built land that was not decontaminated. Any local lawyer would know that there is no such problem. It does beg the question why the buyers instructed a web based conveyancing firm rather than a conveyancing solicitor in Chepstow. We have lived in Chepstow for three years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must 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 sickness)
I purchased a terraced Edwardian property in Chepstow. Conveyancing solicitor acted for me and Skipton Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chepstow and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing practitioner who carried out the work.
About to purchase a new build apartment in Chepstow. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Chepstow
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.