I am getting a mortgage with Halifax. I intend to instruct a Licensed Conveyancer in St Asaph. Does the Halifax Solicitor panel allow for conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are looking to buy a property and need a conveyancing solicitor in St Asaph who is on the Coventry BS approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in St Asaph.
It has been 4 months since my purchase conveyancing in St Asaph took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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'm purchasing a new build house in St Asaph with a loan from Skipton Building Society. The sellers refused to move on the price so I negotiated £7000 of additionals instead. The property agent advised me not reveal to my conveyancer about this extras as it would jeopardize my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am looking into buying my first house which is in St Asaph and I am already nervous. I couldn't find anything specific about St Asaph. Conveyancing will be needed in due course but do you know about the St Asaph area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at St Asaph. In the meantime here are some basic statistics that we found
What advice can you give us when it comes to appointing a St Asaph conveyancing practice to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a St Asaph conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with several firms including non St Asaph conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:
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How familiar is the firm with lease extension legislation?
I purchased a studio flat in St Asaph, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar flats in St Asaph with a long lease are worth £260,000. The ground rent is £50 yearly. The lease runs out on 21st October 2101
With only 75 years left to run the likely cost is going to be between £8,600 and £9,800 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.