The Cowbridge conveyancing firm handling our Cowbridge conveyancing has spotted a discrepancy between the assumptions in the home valuation survey and what is in the conveyancing documents. My solicitor says that he is duty bound to check that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s stance appropriate?
Your lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Having sold my house in Cowbridge last November but our buyer keeps telephoning daily to say his lawyer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Post completion of your sale your solicitor is duty bound to deliver the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Where relevant, your solicitor must also confirm that the legal charge in favour of the lender has been paid off to the buyers lawyers. There is unlikely to be post completion formalities peculiar conveyancing in Cowbridge.
After reading online forums for an affordable solicitor in Cowbridge, many post that I should look for a CQS accredited lawyer. Can you explain what CQS is?
Cowbridge Conveyancing Quality Scheme solicitors have obtained accreditation by the law Society The Law Society established CQS to promote high standards in the home buying process. CQS helps buyers and sellers to recognise practices that provide a quality residential conveyancing. Cowbridge is one of the many areas in England and Wales in which accredited firms have offices. The scheme requires law firms to undergo a strict assessment, compulsory training, self-reporting, random audits and annual reviews in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Council of Mortgage Lenders.
I am buying a new build flat in Cowbridge. 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 is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Cowbridge
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Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
How can the Landlord & Tenant Act 1954 affect my business offices in Cowbridge and how can your lawyers assist?
The particular law that you refer to gives a safeguard to commercial tenants, giving them the right to apply to court for a new lease and continue in occupation when the lease reaches an end. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Cowbridge is one of our hundreds of locations in which our lawyers are based
I have been informed by many friends to expect up to two months for Cowbridge conveyancing to complete.This was a month ago. The draft contract was only forwarded to my solicitor last week so now does it countdown?
Don't rely on completing on a specific date until contracts are exchanged. Regardless of the promises the people you are purchasing from or selling to make, or your solicitor makes don't count on them. More frustration is caused to clients trying to move home by unfulfilled assurances than anything else.