I have given 2 months notice to my existing landlord and must be out of my rented apartment in St Fagans by 20/11/2025. Conveyancing on my purchase is underway. Can I complete in 4 weeks as I wish to avoid having to move into short term accommodation?
It is unwise to give notice on a rental until exchange of contracts has taken place. If you have not already done so, contact to your conveyancer and request that they chase the sellers lawyers, try to a target completion date that everyone will look to achieve
I have recentlyfound out that Stirling Law have been shut down. They conducted my conveyancing in St Fagans for a purchase of a leasehold apartment 12 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of St Fagans conveyancing specialists.
I am purchasing my first flat in St Fagans with a loan from Britannia. The sellers would not move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not inform my solicitor about this extras as it would put at risk my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 have been on the look out for a leasehold apartment up to £195,000 and found one near me in St Fagans I like with open areas and station in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in St Fagans for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage that many years will likely be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you may request that they 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 lawyer about this matter.
I have been recommended by numerous selling agents in St Fagans to find a solicitor using your seach tool. What’s the financial inducement for Estate Agents to recommend your services ahead of a competitor’s?
We refuse to offer any referral fee for directing people in our direction. We found it would be just too difficult to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My fiance is purchasing a ground floor flat in St Fagans. He has received an estimate by the lawyer connected to the estate agents totaling £1300 . It was eight years ago since I sold and bought a property and the fee was £500. Have costs really escalated to that extent?
You should contact two or three local St Fagans conveyancing firms seeking prices. You should base your choice not solely on cost, but on promptness and on how comprehensive the response is.