A friend pointed out to me me that in purchasing a property in Tonteg there could be various restrictions affecting the ability to carry out external changes to a property. Is this right?
We are aware of a number of properties in Tonteg which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Tonteg should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously selected conveyancers located in Tonteg on the Barclays solicitor panel. They have just billed me an additional sum for handling the Barclays mortgage. Is this a supplemental conveyancing fee specified by Barclays?
Provided it is contained in their Terms and Conditions or Quote then yes your property lawyer is entitled to charge a fee for this. This fee is not dictated by Barclays but by your Tonteg property lawyer. Some firms on the Barclays panel will quote ’dealing with mortgage’ fee and others do not.
I have finally had an offer on a flat in Tonteg accepted, the owners do however have a connected purchase. The vendors have placed an offer on a flat, but it’s not been accepted yet, and are looking at other apartments in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Tonteg. What should be my next step? At what point should I apply for the mortgage with Co-operative?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is approx £1k, then survey, Tonteg conveyancing search charges, etc). The first course of action is to check that your lawyer is on the Co-operative approved list. Concerning the next steps this very much dictated by the circumstances of your case, attraction to the property and on the state of the market. During a hot market the majority of buyers will apply for a home loan with Co-operative and pay for the valuation and only if it comes back ok would they request their conveyancer to move forward with searches.
I have been told that property searches are a common reason for stalling in Tonteg house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays in the conveyancing process. Searches are unlikely to be the root cause of delay in conveyancing in Tonteg.
About to purchase a new build apartment in Tonteg. Conveyancing is daunting 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Tonteg
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Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
How do I locate a Tonteg solicitor on the Norwich and Peterborough Building Society conveyancing panel? I am a keen cyclist and am happy to travel upto 20kilometers to meet the lawyer.
You can use the tool on this website. Please select a lender and your location and you will see a number of Tonteg conveyancing lawyers based on proximity. We have listed some Tonteg conveyancing firms towards the end of this page and you can telephone them to verify whether they are on the Norwich and Peterborough Building Society approved list
We're FTB’s - agreed a price, but the property agent told us that the vendor will only issue a contract if we instruct their chosen conveyancers as they need an ‘expedited deal’. We would rather use a local conveyancer with experience of conveyancing in Tonteg
We suspect that the owner is not behind this ultimatum. If they require ‘a quick sale', turning down a motivated buyer is going to damage their objectives. Avoid the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are ready to progress, with finances arranged © you do not need to sell (d) you wish to move quickly (e)but you will continue to instruct your preferred Tonteg conveyancing firm - rather thanthose that will provide their estate agent a introducer fee or achieve conveyancing targets pre-set by HQ.
My wife and I purchased a leasehold flat in Tonteg. Conveyancing and TSB mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Tonteg who previously acted has now retired. What should I do?
The first thing you should do is contact the Land Registry to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to instruct a Tonteg conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Tonteg - Sample of Questions you should ask before Purchasing
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The best form of lease arrangement is a share of the freehold. In this scenario the tenants enjoy being in charge if their destiny and although a managing agent is frequently retained if it is larger than a house conversion, the managing agent is directed by the tenants. It is important to be aware if changing the roof or some other major work is pending to be shared between the leaseholders and may well dramatically impact the level of the maintenance fees or necessitate a specific invoice. The answer will be helpful as a) areas can cause problems in the block as the common areas may start to deteriorate where services remain unpaid b) if the tenants have a dispute with the managing agents you will want to have all the details