I'm in the process of porting my current residential mortgage to a Buy to Let Barclays mortgage. The bank has said that I need a conveyancer as part of the process. I got in contact with my past Pentwyn conveyancing solicitor who who did the conveyancing when I initially acquired the premises. The costs illustration e-mailed to me of £450 plus VAT has shocked me as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The quote is slightly on the high side. If you shop around you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. That being said, assuming were happy with the legal work the firm provided you couldcome to regret choosing an an untested solicitor. Don't forget to ensure that the firm can represent Barclays . Do make use of our search tool to locate a Pentwyn conveyancing firm on the Barclays conveyancing panel, which can often include conveyancing solicitors in Pentwyn.
My friend suggested that where I am purchasing in Pentwyn I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Pentwyn conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Pentwyn around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data regarding Pentwyn.
My wife and I purchased a semi-detached Edwardian house in Pentwyn. Conveyancing lawyer represented me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register as there may be 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 Pentwyn and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing solicitor who completed the work.
Over the last few months I have been searching for a flat up to £235,500 and identified one close by in Pentwyn I like with open areas and transport links nearby, however it only has 61 remaining years left on the lease. There is not much else in Pentwyn suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a home loan that many years may 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 a minimum of 2 years you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I am looking into buying my first house which is in Pentwyn and I am already nervous. I couldn't find anything specific about Pentwyn. Conveyancing will be needed in due course but do you know about the Pentwyn area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Pentwyn. In the meantime here are some basic statistics that we found
I need to retain a conveyancing solicitor for some conveyancing in Pentwyn. I have stumble across a web site which appears to be the perfect offering If there is a chance to get all formalities done via email that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?