Completed the sale of my flat in Llandeilo last May yet the purchaser is whats apping me to say her conveyancer needs to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
After completion of your house sale your conveyancer is obliged to forward the transfer documentation and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your lawyer must also confirm that the mortgage has been discharged to the buyers solicitors. There is unlikely to be post completion requirements just for conveyancing in Llandeilo.
My aunt passed away last year and as sole heir and executor I was left the property in Llandeilo. The house had a small mortgage remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this possible?
Where you plan to refinance then Kent Reliance will insist on your using a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Llandeilo?
Two types of professional can execute conveyancing in Llandeilo namely CLC regulated conveyancers or solicitors. Both professionals handle the legal services that required to complete the disposal or acquisition of property. They are both required to perform Llandeilo conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be properly carried out and that all requirements and steps will be accurately followed.
When it comes to mortgage companies such as Yorkshire BS, do Llandeilo conveyancers incur an annual charge to be on the list of approved solicitors?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
I have a mortgage with TSB for my property in Llandeilo. Conveyancing has been completed months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform TSB?
You must advise TSB before letting out your property as this is likely to be a breach of TSB’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact TSB directly. It should not be necessary to do this via a TSB conveyancing panel solicitor.
Am I right to be suspicious by 3rd parties that I am dealing with are suggesting a web based conveyancing firm as opposed to a High Street Llandeilo conveyancing firm?
As with many service providers, often recommendations from connections can be extremely useful or valuable. Yet there are many players in a conveyancing deal; estate agents, financial adviser and mortgage companies might all recommend conveyancers to instruct. Sometimes these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there exists a commercial relationship behind the recommendation. You have the discretion to choose your own lawyer. However, bear in mind that most lenders specify a panel list of conveyancers you must use for the mortgage related work in your transaction.
In my capacity as executor for the will of my aunt I am selling a house in Neath but I am based in Llandeilo. My solicitor (who is 260 kilometers from mehas requested that I execute a statutory declaration before the transaction finalising. Could you suggest a conveyancing lawyer in Llandeilo who can attest this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Llandeilo based
Should I cancel my mortgage payments with Coventry BS as soon as a completion date for my sale in Llandeilo has been set?
No, you must maintain meeting any mortgage payments to Coventry BS pending the mortgage being repaid on completion as part of your Llandeilo conveyancing.