Would the conveyancing lawyers via your comparison service carry out conveyancing in Glan Conwy by way of an attended exchange?
We do have a number of conveyancing experts who can conduct one day exchanges. You should contact us to secure a conveyancing quote and details as to dates.
Finally the sale completed on my house in Glan Conwy last December yet the purchaser is Skype messaging me to moan that their solicitor is waiting to hear from mine. What should my lawyer have done following completion?
After completion of your sale your conveyancer should send the transfer deeds and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your lawyer must also confirm that the mortgage has been paid off to the buyers lawyers. There are no post completion procedures specific conveyancing in Glan Conwy.
My Conveyancer in Glan Conwy is not listed on the Godiva Mortgages Ltd Approved Panel. Is it possible for me to continue with my prefered solicitor even though they are not on the Godiva Mortgages Ltd approved list?
The limited options available to you here include:
- Complete the purchase with your preferred Glan Conwy solicitors but Godiva Mortgages Ltd will need to retain a lawyer on their panel. This will result in additional total conveyancing charges as well as result in delays.
- Get an alternative solicitor to to deal with the conveyancing, obviously checking they are on the Godiva Mortgages Ltd panel
Have just purchased a repossessed house at auction in Glan Conwy. Conveyancing is needed. What are my next steps?
Now that you are legally committed yourself to purchase you will need to choose a conveyancing lawyer soon as you are facing a fast approaching a fixed date to complete the transaction. All auction property should have a bespoke legal pack. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You must hand this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are organised to complete the transaction on the set completion date.
Two weeks ago we had a mortgage agreed in principle with Leeds Building Society. Glan Conwy conveyancing solicitors are selected. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
There is no definitive answer here. Have Leeds Building Society conducted the valuation? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
We expect to receive a OIP from Nottingham this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nottingham recommend any Glan Conwy solicitors on the Nottingham conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Glan Conwy solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
Over the last few months I have been searching for a flat up to £195,000 and found one close by in Glan Conwy I like with amenity areas and railway links in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Glan Conwy suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.
I today plan to offer on a house that seems to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have just discovered that it's a leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Glan Conwy. Conveyancing lawyers have are about to be appointed. Will they explain the issues?
Most houses in Glan Conwy are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are purchasing in Glan Conwy in which case you should be looking for a Glan Conwy conveyancing solicitor and be sure that they are used to dealing with leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as obtaining the freeholder’spermission to carry out changes to the property. It may be necessary to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your solicitor will report to you on the legal implications.
I acquired a 1 bedroom flat in Glan Conwy, conveyancing was carried out 10 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Glan Conwy with over 90 years remaining are worth £216,000. The ground rent is £50 levied per year. The lease finishes on 21st October 2094
With just 69 years left to run we estimate the price of your lease extension to be between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.