Can the conveyancing solicitors listed on your site perform conveyancing in Lisvane by way of an attended exchange?
We do have a number of conveyancing specialists who can conduct attended exchanges. You should call us to secure a costs illustration and details as to availability.
It has been four months following my purchase conveyancing in Lisvane completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm buying my first flat in Lisvane with a loan from Leeds Building Society. The sellers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep suggested that I not reveal to my solicitor about this deal as it would jeopardize my mortgage with Leeds Building Society. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Lisvane I like with amenity areas and transport links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Lisvane suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage the shortness of the lease will likely be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
My husband and I are 17 days into a freehold purchase having been recommend to solicitors by the high street agent to execute conveyancing in Lisvane. I am am very disappointed with the quality of service. Could you you assist me in finding new conveyancers?
They would have to be really bad in order to consider replacing them. Has your loan offer been sent? In the event that it has you need to inform them of the new lawyer and have the loan are re-sent. Your solicitor ideally needs to be on the lenders panel to avoid escalating charges and complications. So that should be your starting point. Our search tool can assist you in finding a lender approved lawyer for your home move in Lisvane
I am hoping to sign contracts shortly on a basement flat in Lisvane. Conveyancing solicitors inform me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Lisvane should include some of the following:
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You should be sent a copy of the lease What the implications are if you have violated the provisions of the lease? You must be told what counts as a Nuisance in the lease Where does the liability rest for maintaining the window frames Repair and maintenance of the property
Lisvane Leasehold Conveyancing - Sample of Queries before Purchasing
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If a Lisvane lease has fewer than eighty years it will affect the salability of the apartment. It is worth checking with your lender that they are willing to lend given the lease term. A short lease means that you will most likely have to extend the lease at some point and it is worth discovering how much this would cost. For most Lisvanelease extensions you would need to own the residence for two years before you are entitled to extend the lease. How is the lease structured?