I am purchasing a brand new apartment in Trefnant and my conveyancer is advising me that she has to the mortgage company to reveal incentives from the builder. I am on a tight deadline to sign contracts and I would rather not prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Finally the sale completed on my house in Trefnant last February but our buyer keeps texting me to moan that her solicitor is waiting to hear from mine. What should my lawyer have done now that I have sold?
Post completion of your sale your solicitor should deliver the transfer deeds and all supplemental paperwork to the purchaser's solicitors. Depending on the transaction, your conveyancer must also send confirmation that the legal charge in favour of the lender has been repaid to the purchasers solicitors. There is unlikely to be post completion procedures just for conveyancing in Trefnant.
I am purchasing a flat and need a conveyancing solicitor in Trefnant who is on the Coventry Building Society solicitor. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Trefnant. We dont recommend any particular firm.
I have todaydiscovered that Stirling Law have closed. They carried out my conveyancing in Trefnant for a purchase of a freehold house 12 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The easiest way to see if the premises is in your name, you can carry out 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 Trefnant conveyancing specialists.
Due to the advice of my in-laws I had a survey completed on a house in Trefnant prior to appointing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some lenders will refuse to grant a mortgage on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Trefnant. Conveyancing may be slightly more expensive based on your lender's requirements.
As a leasehold owner I am liable for a maintenance contribution for my property in Trefnant. As a result of poor financial planning I slipped into arrears with remittance. I negotiated a clearance plan but there remains in the region of £1750 currently due.
I now wish to dispose of the property and I am panicking this will jeopardize the sale if I have to pay off the arrears now. Do I have to settle before - is this practicable?
You should speak with the conveyancing practitioner handling your Trefnant conveyancing but one option could be to arrange for the outstanding amount to be passed to the purchasers. The final price payable would be reduced to reflect the amount of debt they take on. They would then deal with the fees post completion of the purchase.