I am purchasing a house without a mortgage in Mancot. I have resided for the last dozen years in Mancot. Conveyancing searches are a lot of money. As I know the area and road very well must I have all the conveyancing searches?
In the absence of a mortgage, then the vast majority of the Mancot conveyancing searches are non-obligatory. Your lawyer will 'advise', no-doubt strongly, that you should have searches done, but he is duty bound to take that path of guidance. One thing to bear in mind; if you are likely to dispose of the house one day, it will likely be be of importance to your prospective purchaser what the searches reveal. On occasion houses with apparent issues can still reveal unpredicted search results. A competent conveyancing solicitor in Mancot will provide you some sensible advice concerning this.
I have paid off my mortgage with Co-operative. I assume I don't need a Mancot solicitor on the Co-operative panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
I recently had an offer accepted on an apartment in Mancot. My financial adviser suggested a conveyancing practitioner. I paid an advanced payment of £175. Shortly after, the solicitor contacted me embarrassingly acknowledging that they were not on the Principality conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Principality panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
About to purchase apartment in Mancot. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Mancot property lawyer is on the Nottingham conveyancing panel.
I have been on the look out for a ground for flat up to £305k and identified one close by in Mancot I like with a park and railway links in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Mancot suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a mortgage that many years will be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
I was recommended by a few estate agents in Mancot to choose a solicitor using your seach tool. Is there a financial incentive for Estate Agents to promote your site rather than another?
We refuse to make any commission for directing people to this site. We found it would be just too difficult a fee as home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
In my capacity as executor for the will of my grandmother I am disposing of a house in Monmouth but live in Mancot. My conveyancer (approximately 200 miles awayrequires that I execute a statutory declaration prior to completion. Can you recommend a conveyancing practitioner in Mancot to 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 based in Mancot
Can you offer any advice when it comes to choosing a Mancot conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a Mancot conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with two or three firms including non Mancot conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:
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Can they put you in touch with clients in Mancot who can give a testimonial? What are the costs for lease extension work?
Mancot Conveyancing for Leasehold Flats - Sample of Queries before buying
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Who are the managing agents? How much is the maintenance charge and ground rent on the apartment?