Our lawyer has identified a a legal deficiency with the lease for the flat we are buying in Pontypridd. The seller’s lawyers have put forward defective title insurance as a solution. We are content with insurance and will pay for it. Our conveyancing practitioner says that he must ensure that the bank is content with this solution. Who is the client here, us or the mortgage company ?
Regardless of the fact that you have a mortgage offer from the lender does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the lender are the client. The appropriate lender conditions have to be complied with.
I am planning to acquire a property and require a conveyancing solicitor in Pontypridd who is on the Yorkshire Building Society solicitor. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Yorkshire Building Society in certain locations such as Pontypridd. We dont recommend any particular firm.
I purchased a terraced Georgian property in Pontypridd. Conveyancing solicitor acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for 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 Pontypridd and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing lawyer who conducted the conveyancing.
The estate agent has sent us the confirmation of our purchase of a new build flat in Pontypridd. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Pontypridd
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared.
My husband and I are novice buyers - agreed a price, but the estate agent has warned us that the seller will only go ahead if we use the agent's chosen solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a high street solicitor who is familiar with conveyancing in Pontypridd
It is unlikely the vendors are behind this. If they want ‘a quick sale', alienating a genuine buyer is counter productive. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you will continue to appoint your preferred Pontypridd conveyancing solicitors - not the ones that will earn their estate agent a referral fee or meet his conveyancing thresholds pre-set by corporate headquarters.
My sister completed her conveyancing in Pontypridd eight years ago. She has been married, widowed and has recently married again. She now wants to the sell the Pontypridd property. I suspect that she will simply be asked to supply copies of the marriage papers to the lawyer however she is worried it could frustrate the sale of the property. Should she appoint a solicitor to update the land title details for the property?
The is no need to update the register providing you have the proof required to demonstrate how the name change resulted.
The purchaser’s lawyer will review the title information and request evidence to prove the name change for example marriage documentation.