What is the optimum way to discover of the solicitor carrying out my conveyancing in Llantrisant is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £192.00 in another set of legal charges.
Feel free to make the most of the search tool on this web page. Please choose the lender and type ‘Llantrisant’ or your location and you will see numerous solicitors located in Llantrisant or near you.
My wife and I buying a 3 bedroom semi in Llantrisant. Our aim is to carry out a loft conversion at the house.Will legal conveyancing on the property involve checks to ascertain if these works were previously refused?
Your conveyancer should check the deeds as conveyancing in Llantrisant will occasionally identify restrictions in the title deeds which prevent certain works or require the consent of a 3rd party. Some additions call for local authority planning consent and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be sensible to check these things with a surveyor before you commit yourself to a purchase.
I have been told by my solicitor that flying freehold insurance is required on my purchase. What is the level of cover for Llantrisant conveyancing?
The right level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between Halifax and The Royal Bank of Scotland. Conveyancing solicitors as opposed to borrowers take out such policies.
I am due to exchange contracts on my house. I had a double glazing fitted in August 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Leeds Building Society are being pedantic. The Llantrisant solicitor who is on the Leeds Building Society conveyancing panel is saying indemnity insurance will be fine but Leeds Building Society are insisting on a building regulation certificate. Why do Leeds Building Society have a conveyancing panel if they don't accept advice from them?
It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
It has been three months following my purchase conveyancing in Llantrisant took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. 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 asset 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 am looking for a ground for flat up to £235,500 and found one round the corner in Llantrisant I like with amenity areas and station nearby, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Llantrisant suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage that many years may be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.
Planning to exchange soon on a studio apartment in Llantrisant. Conveyancing lawyers inform me that they report fully next week. What should I be looking out for?
The report on title for your leasehold conveyancing in Llantrisant should include some of the following:
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You should know if the lease allows you to change or improve aspects of the premises- you should know whether it relates to all alterations or just structural alteration, and whether licences for alterations is mandated necessary What options are available to the landlord where you have breached the provisions of the lease? Are you allowed to have a pet in the flat? Does the lease prevent you from subletting the flat, or working from home You would want to receive a copy of the lease
Llantrisant Leasehold Conveyancing - A selection of Queries before Purchasing
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It is important to be aware if changing the roof or some other significant cost is due in the foreseeable future that will be shared amongst the leasehold owners and could well materially increase the the maintenance fees or necessitate a specific invoice. Does this lease have in excess of 85 years left? Please note if it is less than 80 years it will impact the salability of the flat. Check with your mortgage company that they are willing to go ahead with the loan given the lease term. Leases with fewer than 80 years remaining means that you will probably have to extend the lease at some point and it is worth discovering what this would cost. For most Llantrisantlease extensions you will be required to have been the owner of the premises for a couple of years in order to be legally able to carry out a lease extension.
What can I do to discover who is the owner of a house in Llantrisant?
As long as the property is recorded at the Land Registry, and you have enough specifics of the address of the premises, you will be able to obtain details from the HMLR of the recorded proprietor for a fee.