I have just been advised by my IFA that my Mumbles the law firm I have appointed is not on the lender Solicitor panel. What can I do to be certain that this is indeed the case?
Your first step should be to call your Mumbles lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
My brother-in-law has suggested I instruct a conveyancing solicitor in Mumbles. I I am struggling to find out whether they are on the Barclays Direct approved list of lawyers. Could you assist?
The first thing you should do is e-mail the conveyancer and ask them whether they can act for the bank. Alternatively you can call Barclays Direct who may be able to confirm.
There is lots of here concerning conveyancing in Mumbles but can you isolate your top tip for selecting the right conveyancer in Mumbles
Do not opt for the cheapest Mumbles conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
I am the sole beneficiary of my late grandmother’s will with all property in now in my sole name, including the my former home in Mumbles. Conveyancing formalities meant that the Land Registry date was in October. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship will be considered the same way as though I had purchased the property in October. Is the property unsalable for six months?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be caught by that. How sensible a view lenders take of it, depend on the bank as this provision primarily exists to capture subsales or the flipping of properties.
Our sealed bid on a house in Mumbles has been accepted, the sellers do nevertheless have an associated purchase. The owners have offered on a flat, but it’s not yet agreed to, and have viewings of other properties in the pipeline. I have instructed a high street conveyancing solicitor in Mumbles. What should be my next step? At what stage do I apply for the mortgage with Lloyds?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then survey, Mumbles conveyancing search charges, etc). First, you should check that your lawyer is on the Lloyds approved list. Concerning the subsequent phase this very much depends on the uniqueness of your transaction, motivation for this property and on the state of the market. In a rising market the majority of purchasers will apply for the mortgage with Lloyds and pay for the valuation and only if it was satisfactory would they pay their lawyer to move forward with the conveyancing in Mumbles.
five months have elapsed following my purchase conveyancing in Mumbles took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 property 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 into buying my first house which is in Mumbles and I am already nervous. I couldn't find anything specific about Mumbles. Conveyancing will be needed in due course but do you know about the Mumbles area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Mumbles. In the meantime here are some basic statistics that we found
I am in need of some leasehold conveyancing in Mumbles. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.
Assuming the lease is registered - and most are in Mumbles - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Mumbles Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to buying
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Generally speaking the cost for major works are not incorporated into the service charges, although some managing agents in Mumbles require leasehold owners to pay into a sinking fund created for the specific purpose of establishing a fund for larger repairs or maintenance. Plenty Mumbles leasehold apartments will be liable to pay a service bill for maintenance of the building levied on behalf of the freeholder. If you purchase the apartment you will have to meet this charge, usually quarterly accross the year. This may vary from two or three hundred pounds to thousands of pounds for blocks with lifts and large common grounds. In all probability there will be a ground rent to be met annual, this is usually not a large figure, say about £25-£75 but you should to enquire as on occasion it could be prohibitively expensive. Who are the managing agents?