I plan on purchasing a leasehold flat in Mancot. My Solicitor is not on the bank solicitor panel. Can I still retain my Mancot conveyancing solicitor even though they are excluded from the lender panel of approved conveyancing solicitors?
Various options include
- Carry on with your existing Mancot solicitor but your mortgage company will need to use a lawyer from their approved list. The net result is additional fees and potential interruption.
- Get a fresh property lawyer to act in the purchase, making sure they are on the bank conveyancing panel.
- Convince your lawyer to pull out all the stops to get accepted on the bank’s panel of solicitors
We are buying a property in Mancot. I might seem paranoid but how we can trust a solicitor? At some point we will need to deposit funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am buying a 3 bedroom semi in Mancot. We would like to carry out a loft conversion at the house.Will legal conveyancing on the property involve checks to determine if these alterations are allowed?
Your property lawyer will check the deeds as conveyancing in Mancot can on occasion identify restrictions in the title documents which prohibit certain changes or need the permission of a 3rd party. Certain extensions need local authority planning permissions and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these things with a surveyor before you commit yourself to a purchase.
I have decided to exercise my right to buy my property in Mancot off the council. I have a mortgage agreed with Santander. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.
We are buying a property and the solicitor has identified Chancel Repair for which the property may be liable given it’s proximity to the area of such a church. She has suggested insurance. Is this strictly required for conveyancing in Mancot
Unless a previous purchase of the house completed after 12 October 2013 you can expect solicitors handling conveyancing in Mancot to remain recommending a chancel search and or insurance against a claim.
I have been on the look out for a ground for flat up to £195,000 and found one close by in Mancot I like with a park and transport links in the vicinity, however it only has 51 remaining years left on the lease. I can't really find anything else in Mancot for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. 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 with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
Given that I am about to spend over three hundred thousand on a house in Mancot I wish to have a conversation with the conveyancer about mytransaction before instructing the firm. Is this something that you can arrange?
Absolutely - we would be happy to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your property ownership legalities in Mancot.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter reference. The practices that we put you in touch with believe that the figure you are quoted for residential conveyancing in Mancot should be the amount on the final invoice that you are charged.
The property lawyers carrying out our conveyancing in Mancot has sent documents to review that state the property is unregistered with epitome documents. Why is the property not registred at the Land Registry?
Whilst the vast majorities of properties in Mancot are now registered with HM Land Registry there are still a few that remain unregistered. Any property in Mancot that has been purchased since the late 1980’s will have been registered at the Land Registry under the compulsory ‘first registration’ scheme. However, if a Mancot property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Mancot conveyancing practitioners should be capable of dealing with such matters but if any uncertainty reigns the conventional proposition nowadays is for the current owners to register it first and then sell - this will have a knock on effect to cause a significant delay.