The housing market in Pontypridd is hotting up. What can be done to accelerate the legal process?
Where you are under a tight deadline for your conveyancing it is highly recommended that your conveyancer is familiar with the area as they will benefit local contacts and knowledge. It is possible that they may have handled otherhouses in the same street. Therefore consider using a Pontypridd conveyancing solicitor. Second, ensure that the lawyer is on the on the approved list for your mortgage company. It is understood that just under twenty per cent of Pontypridd conveyancing deals are delayed or derailed after finding out that a purchaser’s solicitor was not on their mortgage lender’s member panel. In many cases this discovery resulted in the buying process being frustrated by almost 21 days. It is estimated that this issue affects in the region of one hundred thousand home sales every year. Many Pontypridd conveyancing firms can not represent certain mortgage companies so do check as early as possible.
My wife and I purchasing a terrace house in Pontypridd. The intention is to an extension at the rear at the house.Will the conveyancing process involve enquiries to ascertain if these alterations are permitted?
Your property lawyer will review the registered title as conveyancing in Pontypridd will on occasion reveal restrictions in the title deeds which prevent categories of changes or require the permission of another owner. Many extensions need local authority planning consent and approval in compliance with building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be prudent to check these issues with a surveyor prior to committing yourself to a purchase.
Can you point me to a directory of Leeds Building Society panel solicitors in Pontypridd on the Building Society Association’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lending institutions make their panel listings visible on the web. Where you are looking for a Pontypridd property lawyer on the Leeds Building Society please use our tool.
I have today made my last payment due on my mortgage with Virgin Money. I assume I don't need a Pontypridd conveyancer on the Virgin Money panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Virgin Money 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 Virgin Money mortgage from the register. Virgin Money, 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 Virgin Money has sent the Land Registry the discharge electronically, and
- Virgin Money has instructed the Land Registry to do so
Do I need to pay for insurance to cover chancel repairs when acquiring a residence in Pontypridd?
Unless a previous purchase of the house took place after 12 October 2013 you may expect lawyers carrying out conveyancing in Pontypridd to continue to propose a a chancel search and or chancel repair liability insurance.
I am thinking of appointing a conveyancing practitioner in Pontypridd for my house move. Can I see a solicitor's complaints history with the legal regulator?
You may see published Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find information Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training purposes.
What are your top tips when it comes to finding a Pontypridd conveyancing practice to deal with our lease extension?
If you are instructing a solicitor for your lease extension (regardless if they are a Pontypridd conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Pontypridd conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
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What are the charges for lease extension work? How many lease extensions have they completed in Pontypridd in the last twenty four months?
Pontypridd Leasehold Conveyancing - Examples of Queries before Purchasing
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How many of the leaseholders are in arrears for their service charge payments? Best to be warned if changing the roof or some other significant cost is anticipated that will be shared between the leasehold owners and will dramatically increase the the service costs or result in a specific invoice. Does the lease contain onerous restrictions?
We have chosen a Pontypridd conveyancing solicitor for our house purchase (first time buyers) and have picked up in the engagement letter that they are not regulated by the Financial Conduct Authority. Am I right to be concerned or is that usually the case with conveyancing practitioner?
We can't see why they should be. Most solicitor don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who dictate specific obligations in relation to amounts sitting in their bank.