My IFA says he needs my Rhiwbina solicitor’s panel reference for the Lloyds conveyancing panel. How do I discover this. I have called my local Rhiwbina office but they cant find it on their system.
You are best placed to get this information from your Rhiwbina conveyancer . Most Rhiwbina law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
What is the first thing I need to know regarding purchase conveyancing in Rhiwbina?
Not many law firms or advisers will tell you this but conveyancing in Rhiwbina or throughout Cardiff is an adversarial experience. In other words, when it comes to conveyancing there is an abundance of room for friction between you and others involved in the transaction. For instance, the seller, property agent and sometimes a lender. Appointing a lawyer for your conveyancing in Rhiwbina should not be taken lightly as your conveyancer is your adviser, and is the ONE party in the transaction whose interest is to act in your best interests and to keep you safe.
Sometimes a third party with a vested interest will attempt to convince you that it is in your interests to do things their way. As an example, the estate agent may claim to be helping by suggesting your solicitor is slow. Or your financial adviser may try to convince you to do something that is contrary to your conveyancers recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
five months have gone by since my purchase conveyancing in Rhiwbina concluded. I have checked the Land Registry website 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 asset 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.
Over the last few months I have been searching for a ground for flat up to £305k and found one close by in Rhiwbina I like with amenity areas and railway links nearby, the downside is that it only has 52 years unexpired on the lease. I can't really find anything else in Rhiwbina suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan the remaining unexpired lease term may be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
Am I best advised to choose a Rhiwbina conveyancing lawyer based in the vicinity that I am buying? We have a good friend who can conduct the legal formalities but his firm is located 200kilometers drive away.
The primary upside of using a high street Rhiwbina conveyancing firm is that you can visit the firm to execute paperwork, present your ID and apply pressure on them if necessary. They will also have local knowledge which is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who used your friend and on the whole were content that must surpass using an unknown Rhiwbina conveyancing solicitor just because they are Rhiwbina based.
I am planning to sell a parking space which is on a separate legal title with the land registry asking for 30k, to clear debts. There is a mortgage with Kent Reliance. Can you recommend a cheapish solicitor as the standard £800-1000 diminishes the return somewhat. Although I live in Rhiwbina I dont need to appoint a Rhiwbina solicitor.
LenderPanel.com is restricted to being a directory service for lawyers who want to be listed as being on the approved conveyancing panel for Kent Reliance in certain areas for instance Rhiwbina . Our intention is not to recommend any specific conveyancer.