Are the Monmouthshire conveyancing solicitors identified as being on the UBS conveyancing panel, together with their details provided by UBS?
Monmouthshire conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
I have an AIP. The lender mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would much rather use a local conveyancing solicitor in Monmouthshire?
You should check but the the probability is that appoint one of their panel solicitors if you take up the "fee-free" deal. Contact the mortgage company to explore if they offer you a cash alternative. Some banks have previously offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Monmouthshire.
Various online forums that I have visited warn that are the number one cause of obstruction in Monmouthshire house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Monmouthshire.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Monmouthshire is where the house is located. Can you offer any advice?
Flying freeholds in Monmouthshire are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Monmouthshire you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Monmouthshire may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
What is different about your site and alternative web based conveyancing brokers when it comes to conveyancing in Monmouthshire?
At this site get an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Monmouthshire. Unlike many estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors paying the highest per referral, not the best value conveyancing in Monmouthshire
I've recently bought a leasehold house in Monmouthshire. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Monmouthshire Leasehold Conveyancing - A selection of Queries before Purchasing
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Are there any major works on the horizon that could increase the service costs? Does the lease have onerous restrictions? Who are the managing agents?