Souldappointing a Machen conveyancing solicitor make my purchase more efficient?
Machen is a unique place, where regional knowledge counts for a lot. The laid-back lifestyle is great – but not when it comes to your house move. The conveyancers that we recommend combine in-depth Machen insight with a proactive, can doapproach that ensures the conveyancing to progress without delay. It is a definite plus that they benefit from good relationships with mortgage brokers, estate agents, valuers and counterpart Machen conveyancing practitioners
My partner and I are approaching an exchange on a house in Machen and my mum and dad have sent the 10% deposit to my conveyancer. I am now told that as the deposit has not arrived from me my lawyer needs to disclose this to my lender. I am advised that, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I informed the bank regarding my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The conveyancing practitioner is legally required to check with mortgage company to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Having sold my house in Machen last August but our buyer keeps Skype messaging me to say their conveyancer is waiting to hear from myconveyancer. What are the post completion sale legalities following completion?
Following your sale your conveyancer is duty bound to deliver the transfer documentation and all of the paperwork to the purchaser's solicitors. Where appropriate, your conveyancer should also confirm that the mortgage has been redeemed to the purchasers lawyers. There are no post completion tasks just for conveyancing in Machen.
I purchased a semi-detached Georgian property in Machen. Conveyancing solicitor acted for me and Barclays . I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the matching address. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Machen and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing practitioner who completed the work.
I have been on the look out for a ground for flat up to £305k and identified one close by in Machen I like with amenity areas and transport links in the vicinity, however it only has 61 remaining years left on the lease. I can't really find anything else in Machen in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you may 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 with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
My step-father has recommend that I use his conveyancing solicitors in Machen. Do I follow his guidance?
No doubt it’s preferable to choose a conveyancing solicitor is to seek guidance from friends or relatives who have used the firm you're contemplating using.