Forgive me if this question is silly but I am unexperienced as FTB of a ground floor flat in Cwmbran. Do I receive the keys to the house on the completion date from my lawyer? If this is the case, I will instruct a local conveyancing solicitor in Cwmbran?
On the day of completion you do not need to attend the conveyancers office in Cwmbran. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s lawyers, and shortly after the monies have arrived, you should be called to receive the keys from the property Agents and start moving into the property. This tends to happen early afternoon.
I happen to be the sole beneficiary of my late father’s estate and I have everything in my name alone, including the my former home in Cwmbran. The Cwmbran property was put into my name in February. I want to move. I do know about the Mortgage Lenders six month 'rule', meaning my proprietorship may be regarded the same way as if I'd bought the property in February. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How sensible a view banks take of it, depend on the lender as this requirement principally exists to pick up on the purchase and immediately sell or the quick reselling of properties.
After much negotiation I have agreed a price on an apartment in Cwmbran. My mortgage broker pressured me to appoint their property lawyer. I paid an advanced payment of £175. Shortly after, the lawyer called me sheepishly admitting that they were not on the Nottingham conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nottingham panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Have completed on a a detached house in Cwmbran , how long should it take for the Land Registry to register the transfer to my name? My Cwmbran conveyancing solicitor has been very slow, so I want to be certain the post completion formalities are addressed.
As far as conveyancing in Cwmbran registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can vary subject to who lodges the application, whether there are errors and whether the Land registry communicate with any 3rd parties. As of today in the region of three quarters of such applications are fully dealt with within two weeks but occasionally there can be extensive delays. Registration occurs after the new owner has moved in to the property so registration formalities is not typically primary concern but if there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
About to purchase a new build apartment in Cwmbran. Conveyancing is necessary evil 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 legal work.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Cwmbran
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Please confirm the Lease plans are architect prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Due to the input of my in-laws I had a survey completed on a property in Cwmbran before appointing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some lenders may refuse to grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Cwmbran. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Cwmbran cover?
Cwmbran conveyancing for business premises covers a wide array of services, offered by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Been on the hunt for a solicitor for leasehold sale conveyancing in Cwmbran. I'm selling, uncomplicated no mortgage to discharge, no hurry, no onward purchase. Received an estimate from a lawyer for £800 plus VAT which is a little expensive considering its so straightforward. Is it possible to find less expensive fees for conveyancing in Cwmbran?
Given that it’s a sale only, 475 + VAT should be about the best for a Cwmbran solicitor firm.