My IFA has asked me for my Tonyrefail solicitor’s panel member for the Nationwide conveyancing panel. How do I discover this. I have e-mailed my local Tonyrefail branch but they have not responded to me.
The sensible thing to do is ask for this information from your Tonyrefail conveyancer . Most Tonyrefail law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
We were just about to sign contracts for a semi detached house in Tonyrefail. We have hit a snag. The loan offer with Bank of Ireland expires on 18/2/2025 but the owners are suggesting a completion date of 20/2/2025. Can one prolong the loan expiry date?
The person best placed to deal with your concern is your solicitors who will hopefully determine if they should be discussing with the mortgage company, seller’s lawyers, property agents or indeed all parties given the circumstances your conveyancing as of today.
I have been told that property searches are the main reason for obstruction in Tonyrefail house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are unlikely to feature in any holding up conveyancing in Tonyrefail.
Me and my brother have a terraced Victorian house in Tonyrefail. Conveyancing solicitor acted for me and Barclays Direct. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the exact same property. I'd like to know for sure, how can I find out??
You should review 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Tonyrefail and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing lawyer who conducted the work.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Tonyrefail. 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 conveyancing.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Tonyrefail
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Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I am looking for a flat up to £235,500 and found one close by in Tonyrefail I like with open areas and transport links in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Tonyrefail in this price bracket, 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 problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.